Embodied AI startup Xinghaitu has recently finalized a Series B funding round worth RMB 1 billion. This latest injection of capital brings its cumulative funding to nearly RMB 3 billion and elevates its post-money valuation to surpass RMB 10 billion. The funding round attracted participation from industrial capital and multiple institutional investors, with existing shareholders not only maintaining their stakes but also opting to over-subscribe or fully subscribe to additional shares. Since its inception in September 2023, Xinghaitu has garnered investments from notable entities such as Meituan Strategic Investments and Ant Group. To date, the company has secured thousands of orders from developers and industrial clients. Shipments planned for 2025 will primarily cater to the developer community, encompassing approximately 150 developer clients, including teams affiliated with Stanford University, Huawei, and BYD.