Some start-ups, established for merely two or three years, have managed to secure billions of yuan in financing, even before achieving profitability. These companies are persistently raising funds while simultaneously making external investments, a trend that is rapidly gaining traction in the primary market. Recently, two embodied intelligence industrial chain companies, Cancer Intelligence and Moxian Technology, concurrently announced the successful completion of their financing rounds. Notably, both had a unicorn enterprise in the embodied intelligence sector, valued at tens of billions of yuan, among their investors. A reporter's investigation uncovered that the phenomenon of start-ups "raising funds with one hand and investing with the other" is predominantly concentrated in fields such as embodied intelligence, large-scale AI models, and AI chips, with the robotics sector standing out as particularly prominent. This trend has expanded from a handful of leading companies to encompass a broader range of enterprises. Since the start of this year, over a dozen companies, including Zhiyuan Robotics, Songyan Power, and Galaxy General, have also entered the fray as investors.