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Recently, Wuba Intelligence made an exciting announcement—it has successfully wrapped up its first round of strategic financing, raising approximately 500 million yuan. This significant funding milestone was co-led by Guoxin Fund and Zhejiang Industrial Investment. The round also saw participation from a diverse group of esteemed institutions, including the Mixed Ownership Reform Fund of Chinese State-Owned Enterprises, Zhejiang Chengxi Science and Technology Innovation Manufacturing Mother Fund, Zhejiang Science and Technology Innovation Mother Fund (Phase III), Guoshun Demao Fund, and Shenyin Changhong Fund. The influx of capital will be strategically allocated to expedite the development of pilot-scale bases, drive advancements in core technologies essential for embodied robots, and broaden their application across extensive safety and industrial settings.
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