Funding surge powers Chinese robotics firms as focus shifts to humanoid ‘brains’
State-backed funds, Big Tech drive fresh capital into robotics companies, betting on operating systems that underpin humanoid intelligence

Shenzhen-based humanoid robot maker LimX Dynamics announced on Monday the completion of its US$200 million series B round. The company last month unveiled LimX Cosa, an operating system for embodied artificial intelligence agents.
Physical AI start-up Orca also said on Monday it had completed pre-A and pre-A+ funding rounds. It said its eponymous system was benchmarked against Nvidia’s Omniverse, a platform for virtual worlds that allows developers to build physically accurate simulation environments for training embodied robots.
X Square Robot, founded in 2023, completed a 1 billion yuan (US$144 million) A++ round last month. The Shenzhen-based company focuses on developing foundation models for robotics. ByteDance was among the investors, joining previous backers Meituan and Alibaba Group Holding. Alibaba owns the South China Morning Post.
