Jingshi Technology (Shanghai) Co., Ltd. has recently declared the successful completion of its Series A funding round, raising tens of millions of yuan. This particular round of financing was entirely underwritten by Ivy Capital. The capital raised will be channeled mainly into technological research and development, along with facilitating large-scale product manufacturing and distribution. Prior to this, the company had already obtained strategic funding from Hongrun Times Technology and Kaierda.

Established in May 2024, Jingshi Technology is dedicated to the research, development, and practical application of embodied intelligence technology. The company boasts founders with stellar credentials and a core team that brings a wealth of experience to the table. Jingshi Technology has unveiled three major product matrices, with its strategic new offering, BAOBAO, distinguishing itself as the world's inaugural dual-form robot.

Ivy Capital has expressed its belief in the vast potential of the embodied intelligence sector. The decision to invest in Jingshi Technology was driven by the company's holistic strengths. These encompass its forward-thinking design philosophy, in-house development of high-performance core components, model training capabilities, product quality, and efficient implementation. Supported by a top-tier team hailing from Zhejiang University, Jingshi Technology presents itself as an exceptional investment opportunity.