Galaxea AIGalaxea AI raised 2 billion yuan ($291 million) in a new funding round, pushing its valuation above 20 billion yuan. Nearly 20 investors participated, including Lens Technology (300433.SZ), its hardware partner, and state-backed funds. This follows a 1 billion yuan Series B on Feb. 11, valuing it at 10 billion yuan.Lens Technology Co. Ltd.Lens Technology Co. Ltd. (300433.SZ), a consumer electronics manufacturer, participated as one of nearly 20 institutional investors in Galaxea AI's 2 billion yuan funding round. It also serves as Galaxea AI's hardware and mass production partner.PaXini TechPaXini Tech, a Chinese humanoid robot startup, raised about 1 billion yuan in funding over the past six months, amid a wave of investments in the sector.Spirit AISpirit AI, a Chinese humanoid robot startup, raised about 1 billion yuan in funding over the past six months, amid a broader wave of investments in the sector.LimX DynamicsLimX Dynamics raised about 1 billion yuan over the past six months, amid a fundraising wave in China's humanoid robot sector, alongside startups like PaXini Tech and Robot Era.Leju RoboticsLeju Robotics, a Chinese humanoid robot startup, raised about 1 billion yuan in funding over the past six months, amid a wave of investments in top-tier robotics firms.Robot EraRobot Era raised about 1 billion yuan in funding over the past six months, amid a fundraising wave by Chinese humanoid robot startups like PaXini Tech and EngineAI.EngineAIEngineAI raised about 1 billion yuan in funding over the past six months, amid a wave of investments in Chinese humanoid robot startups.X Square RobotX Square Robot, a Chinese humanoid robot startup, raised about 1 billion yuan in funding over the past six months, amid a wave of investments in the sector.AI² RoboticsAI² Robotics raised about 1 billion yuan in a funding round over the past six months, amid a wave of investments in Chinese humanoid robot startups.GalbotBeijing-based Galbot secured 2.5 billion yuan in a new funding round on March 2, making it the sector’s most valuable unlisted company at the time.Unitree RoboticsUnitree Robotics had its initial public offering application accepted by the Shanghai Stock Exchange on March 20.UBTech Robotics Corp. Ltd.Hong Kong-listed UBTech Robotics Corp. Ltd. saw its shares retreat to around HK$102 on Thursday from a peak of HK$161 ($20.5) in early November.Swancor Advanced Materials Co. Ltd.Swancor Advanced Materials Co. Ltd. (688585.SH), controlled by robotics firm AgiBot, saw its shares fall to 118 yuan per share on Thursday from a high of 170.9 yuan in mid-January.AgiBotAgiBot controls Shanghai-listed Swancor Advanced Materials Co. Ltd. (688585.SH). Its shares fell to 118 yuan per share on Thursday after hitting a high of 170.9 yuan in mid-January.
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