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flag X Square Robot, a Chinese robotics firm, raised $140 million to advance its AI-powered robots for manufacturing and logistics.

flag X Square Robot, a Chinese robotics firm focused on embodied AI, has raised $140 million in an A++ funding round led by ByteDance, Sequoia China, and Shenzhen Capital Group’s AI Fund, with Alibaba Cloud participating. flag The investment, the first for Shenzhen Capital’s new AI fund, supports the company’s development of general-purpose AI models and robotic systems like the Quantum-1 and Quantum-2, which integrate vision, touch, voice, and language to perform real-time physical tasks. flag Founded in December 2023, X Square Robot is the only Chinese embodied intelligence company backed by Meituan, Alibaba, and ByteDance. flag The funding aims to advance its closed-loop data systems, hardware production, and applications in manufacturing and logistics, reflecting strong investor confidence in China’s AI-driven robotics sector.

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