On August 14, 2026, Luminary Source Innovation proudly declared the successful acquisition of tens of millions in yuan for its Pre-A round of financing. This significant funding round was spearheaded by China Science & Merchants Capital Management, with additional investments flowing in from China Merchants Capital Innovation, Xianghe Capital, and other esteemed backers.
The freshly infused capital is earmarked for advancing ultra-large-scale embodied AI model training endeavors, constructing robust multimodal data infrastructures, developing comprehensive full-stack software and hardware platforms, as well as bolstering team expansion efforts.
Established in late 2024, Luminary Source Innovation has set its sights on pioneering the creation of foundational embodied AI models and venturing into uncharted territories by extending the capabilities of large models from the digital realm into the tangible physical world.
The company's founder, Jiang Xu, brings a wealth of experience to the table, having previously served as an algorithm expert at OpenAI. Impressively, over 90% of the team's composition is dedicated to research and development personnel, underscoring the company's unwavering commitment to innovation and technological advancement.