Embodied Robot Company ‘LimX Dynamics’ Completes 500 Million Yuan Series A Financing Round
Embodied artificial intelligence robot company LimX Dynamics announced that it has recently completed a Series A+ financing round, with a total of 500 million RMB raised in the past six months for its Series A funding.
According to the introduction, its Series A financing has received strategic support from top institutions in both industry and finance, with multiple existing shareholders continuing to follow-up investments. Strategic industrial investors include Alibaba Group Holding Limited and other well-known groups.
Last December, LimX Dynamics showcased a demonstration video of a full-size humanoid robot. The LimX Dynamics full-size humanoid robot features an ultra 360° rotating hip joint design, capable of lying down, standing up, twisting the waist, squatting, etc., but still walks in small steps.
According to official information, LimX Dynamics is a general-purpose robot research and manufacturing company focusing on full-size general-purpose humanoid robots and has developed products including bipedal robots and quadruped robots.
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