Chinese embodied-AI startup PsiBot secures $100M from industrial backers
PsiBot, a Chinese startup developing embodied AI for dexterous manipulation, has closed a funding round exceeding $100 million. The investment includes participation from industrial investors, signaling growing interest in applied robotics for real-world tasks.
Sources: technode.com
“The involvement of industrial investors suggests a shift toward practical, near-term applications for embodied AI, contrasting with the consumer-focused hype in recent funding rounds.”
Read the original reporting
The outlets below did the original reporting.
Related briefs
- Simple Energy’s $180M round drives India’s weekly funding surge
- Shionogi backs Celaid’s Series B, hinting at deeper biotech ties
- Snapdeal’s muted IPO raises questions about India’s ecommerce moats
- German ARX Robotics partners with Ukrainian Roboneers for UGV push
- doxx.net raises $38M to build private networks for AI agents
This brief was drafted automatically from the sources above and published under our editorial policy. Spotted an error? Tell us.