Recently, Hangzhou Xieyue Intelligent Technology Co., Ltd. was officially launched. This innovative enterprise is the brainchild of Chen Wei, the former Chief AI Scientist at Li Auto, and Zhang Xiao, the ex-President of Product Line. The company is dedicated to the development of cutting-edge embodied AI technology, with the ambitious goal of crafting top-notch household robot products. At present, Xieyue Intelligence has successfully wrapped up its first round of financing and completed the necessary industrial and commercial registration modifications. Vision Knight Capital and Li Auto have stepped in as the key investors, providing a solid financial foundation for the company's future endeavors. The founding team of Xieyue Intelligence boasts a robust industrial background. The two founders are leveraging their extensive experience from the automotive sector to forge new paths in the realm of embodied AI robots designed for home use. Looking ahead, the company is poised to expedite the commercialization process of its products and drive the widespread adoption of embodied AI technology.