Chinese robotics developer Galaxea AI closes over $28 million in Pre-A funding round
2024-11-04 03:45:56

Asia Tech Wire (Nov 4) -- Galaxea AI, a Chinese developer of embodied intelligent robots, recently closed over 200 million yuan ($28 million) in Pre-A financing.

The round was led by GL Ventures and Ant Group, followed by Genshin Impact developer miHoYo, Wuxi Innovation Investment Group, Tongge Venture Capital, Funplus and old shareholders, with China Renaissance acting as the exclusive financial advisor.

After the completion of this round of financing, Galaxea AI will continue to promote the development and landing of ontology and core modules, end-to-end AI algorithms, and scenario solutions.

Founded in September 2023, Galaxea AI focuses on building "one-brain-multiple-types" embodied intelligent robots.

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