On March 3, “Xiaoyu Intelligence,” a company specializing in general-purpose embodied AI technology, declared the successful completion of its Series B funding round, raising hundreds of millions of yuan. This funding initiative was spearheaded by Huaye Tiancheng, with additional support from CMB International, Moutai Fund, and Guizhou Science and Technology Innovation Angel Fund. Notably, existing shareholders Didi and Li Wanqiang, the co-founder of Xiaomi, also contributed further investments. Qiao Zhongliang, the founder of Xiaoyu Intelligence, revealed that the proceeds from this funding would be allocated towards bolstering R&D efforts for embodied large models, expanding into industrial applications, and forging partnerships with supply chain entities to expedite mass production.
