CICC Porsche Fund Invests in Boundless Power, a General Embodied Intelligence Company, for Two Successive Rounds
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Author:小编   

Recently, the CICC Porsche Fund has made follow-on investments in Boundless Power during both its Angel and Angel+ rounds of financing, solidifying its position as one of the early-stage investors for two consecutive rounds. Boundless Power specializes in the domains of robot "general brain" and "operational intelligence." Within just half a year, it has garnered attention from renowned investment institutions, including Sequoia China. Currently, the company is on the verge of completing its third round of financing, with the cumulative financing amount projected to hit RMB 800 million. This achievement also signifies the inaugural instance where the CICC Porsche Fund has invested in the same company for two successive rounds. The fund, a collaborative initiative by Porsche Ventures and CICC Private Equity, primarily targets early-stage innovative projects within related fields in China. The founder of Boundless Power brings extensive R&D management experience from leading technology firms and works closely with partners in real-world scenarios to continually enhance the technical prowess of its "general operational brain."