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The company's Chief Strategy Officer, Vincent, stated that this funding round was oversubscribed. It was jointly led by Hillhouse Capital and Sequoia Capital China, with participation from Meituan Dragonball, CICC Capital, and others. As a cornerstone shareholder, Meituan Strategic Investments not only significantly increased its stake but also co-led the round. Existing investors such as Qiming Venture Partners and Linear Capital also made additional investments. Furthermore, industrial investors like TCL Capital and Shoucheng Holdings joined, supporting the company's commercialization efforts. The Beijing Robot Industry Development Investment Fund and Shanghai Guotou Pioneer also made their first joint investment in an embodied AI company.
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