Astribot, a company specializing in rope-driven AI robots, has recently declared the successful closure of its Series A++ financing round, amassing hundreds of millions of yuan. This round was co-led by GC Capital and Ant Group, with contributions from several other institutions. Notably, Jinqiu Fund, an existing shareholder, also augmented its investment. The capital raised in this financing will be predominantly allocated towards nurturing R&D talent, producing rope-driven robot bodies, and advancing multi-scenario solutions.
Established in 2022, Astribot is on a mission to democratize access to AI robot assistants for billions of individuals. Earlier this year, in April, the company achieved successive closures of its Series A and Series A+ financing rounds, each raising hundreds of millions of yuan. As the pioneer in defining rope-driven AI robots and the first globally to mass-produce them, Astribot's offerings are distinguished by their innovative rope-driven transmission design.
In October of this year, Astribot unveiled its upgraded full-stack embodied AI platform. Furthermore, in June, the company led the way in surmounting the hurdles of mass-producing rope-driven robots, gaining a lead of at least one production cycle over 1X, a company backed by OpenAI.
