ByteDance, Meituan, and Alibaba All Place Their Stakes: Zibianliang Secures RMB 1 Billion in A++ Round Financing
2 week ago / Read about 0 minute
Author:小编   

On January 12, Zibianliang Robotics made the announcement that it had successfully completed its A++ round of financing, raising a substantial RMB 1 billion. This financing round saw joint investment from a host of top-tier investment institutions, including ByteDance, Sequoia Capital China, the Beijing Information Industry Development Fund, Shenzhen Capital Group, as well as various local platforms. Notably, the AI fund of Shenzhen Capital Group made its inaugural investment in this round, marking its first foray since inception. Prior to this, Zibianliang Robotics had already garnered investments from both Meituan and Alibaba. This achievement positions it as the sole embodied AI enterprise in China to have secured simultaneous investments from these three major internet behemoths.

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