Chinese Embodied AI Startup GigaAI Raises $518 Million in Three Months
By
Dou Shicong
Summary
Chinese embodied AI and robotics startup GigaAI raised a total of CNY3.5 billion (USD518 million) over three months, including a recent CNY1 billion Series B2 round from investors such as Lion Partners Capital, China-Belgium Direct Equity Investment Fund, and Wanxiang Qianchao. The funding reflects strong investor interest in the company's physical artificial general intelligence and general-purpose robots.
Source
bskyChinese Embodied AI Startup GigaAI Raises $518 Million in Three Monthsyicaiglobal.comKey quotes
· 2 pulledGigaAI has raised CNY3.5 billion (USD518 million) from investors over a three-month period, reflecting strong interest in the Chinese startup's physical artificial general intelligence and general-purpose robots.
GigaAI recently secured CNY1 billion in a Series B2 fundraiser from investors including Singapore's Lion Partners Capital, China-Belgium Direct Equity Investment Fund, auto parts producer Wanxiang Qianchao, and others.
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