General-purpose intelligent robotics company AI Squared has recently declared the successful completion of a funding round, amassing nearly RMB 5 billion. This infusion of capital has propelled the company's valuation beyond the RMB 20 billion threshold, marking it as the inaugural embodied AI enterprise within the Guangdong-Hong Kong-Macao Greater Bay Area to achieve such a valuation. This round of funding has drawn investment from top-tier sources across the entire investment spectrum. Notable participants include key regional platforms like the Guangdong Artificial Intelligence Fund and Shenzhen Innovation Investment Group, industrial capital from entities such as China National Biotec Group and Kweichow Moutai Group, several insurance companies, market-oriented financial investors like CICC Capital, as well as capital affiliated with leading securities firms. Additionally, existing shareholders have enthusiastically ramped up their investments, underscoring robust market confidence in AI Squared.
Established three years ago in Shenzhen by Dr. YanDong Guo, a distinguished PhD in Electrical and Computer Engineering from Purdue University, a nationally recognized leading innovative talent, and a former researcher at Microsoft's Seattle headquarters, as well as the Chief Scientist and R&D executive at XPENG Motors and OPPO, AI Squared has carved out a niche for itself in the realm of 'AI + intelligent hardware.' Since its inception, the company has been unwavering in its commitment to developing 'general-purpose intelligent agents.'
