EngineAI raises $200 million Series B for robot commercialisation
Huirong Fund and Luxshare Precision co-lead the humanoid-robotics company’s financing.
EngineAI announced a completed $200 million Series B on April 9. Henan Investment Group’s Huirong Fund and Luxshare Precision co-led the round, which brought the company’s valuation above RMB10 billion.
The financing supports embodied-AI research, manufacturing capacity and commercial deployment. Luxshare brings precision-manufacturing and production resources to the partnership; existing shareholders also reinvested in the round.
Use of funds
Embodied AI research
Production capacity
Commercial deployment