Over $200 Million in Funding in a Month: Why Has QiuZhi Technology Become the New Darling of Embodied Intelligence Investors?
On August 3, 2026, QiuZhi Technology—which had been in operation for just over three years—once again found itself in the spotlight of the embodied intelligence industry. The robotics startup, which emerged from the Tsinghua University Institute of Intelligent Industry, announced the completion of a $100 million Angel+ round of financing. IDG Capital, StarLink Capital, Wuyuefeng Sci-Tech, and Dachen Capital...
A 25-Year-Old Founder, a $3.3 Billion Valuation: The High-Stakes Gamble Behind OLIX’s Funding Round
In August 2026, OLIX, a British AI chip startup, completed a high-profile funding round. The company, which had been in operation for just two years, raised $312 million in Series B funding, bringing its post-investment valuation to $3.3 billion. This followed a $220 million funding round completed in February 2026, which valued the company at just over $1 billion...
CuspAI Raises $450 Million: Using Generative AI to Transform New Materials Discovery and Industrial R&D Systems
The first wave of generative AI primarily took place in the fields of text, images, code, and video. While it has transformed knowledge production and digital content creation, it has not yet fully addressed the underlying constraints of physical industries such as semiconductors, energy, chemicals, and automotive. CuspAI aims to tackle precisely the most challenging aspects of these industries...
Meshy’s Transformation: An AI 3D Company’s Technological Vision, Business Breakthrough, and the Next Content Revolution
On July 20, 2026, Meshy, an AI-powered 3D generation platform, announced the completion of a Series B funding round of nearly $400 million, bringing its post-investment valuation to over 10 billion yuan. This round was co-led by IDG Capital, Matrix Partners China, Monolith Capital, and strategic investors, with Granit...
From a Tsinghua Lab to a 20-Billion-Yuan Unicorn: Mianbi Intelligence’s “Edge Computing” Breakthrough
In the summer of 2026, the edge AI sector welcomed a unicorn company valued at over 20 billion yuan. On July 15, Beijing Mianbi Intelligence Technology Co., Ltd. completed a new Round C+ financing round, with investors ranging from national-level funds, state-owned enterprises, and automakers to other diverse industry players and financial investors. In just 20...
Star Motion Era: A Tsinghua University-Incubated ”All-Around Champion” in Embodied Intelligence Is Redefining the Final Battle in the Robotics Industry
On July 6, Beijing Xingdong Jiyuan Technology Co., Ltd. announced the completion of a new round of financing worth 1 billion yuan, led by Chengtong Fund—a fund under the State-owned Assets Supervision and Administration Commission (SASAC)—with several local state-owned capital entities participating as co-investors. This marks the largest single investment by state-owned capital in the embodied intelligence sector this year. When robotics companies begin to secure funding from state-owned capital, it signals that the industry has officially moved from...
Oriental Calculation Chip Makes Its Official Debut: A Rising Star in 3D AI Chips Valued at 12.2 Billion, Aiming for Autonomous and Controllable Domestic Computing Power
On July 1, the official website and WeChat official account of Shanghai Dongfang Suanxin Technology Co., Ltd. (hereinafter referred to as "Dongfang Suanxin") were simultaneously launched. This 3D AI chip company, led by Wei Shaojun—a leading figure in China’s chip design industry—has finally unveiled itself. According to authoritative sources...
After 6 Years of Losses Totaling 3.8 Billion, Cambricon’s Market Cap Breaks the Trillion Mark; the STAR Market’s First Trillion-Yuan Stock Is Born
During early trading on June 30, Cambricon (688256.SH), the leading A-share company in computing power chips, surged by more than 8%, with its share price breaking through the 1,600 yuan mark in one fell swoop and reaching an intraday high of 1,620 yuan per share. its total market capitalization officially surpassed 10000亿元, making it the first individual stock in the history of the STAR Market to reach a market capitalization of over one trillion...
Yingmu Technology: How a Group of Gen Zers Is Using 3D Large Models to Tap into a 10-Billion-Yuan Market
On June 23, 2026, Hyper3D, a 3D generative AI company, announced the completion of a new round of financing worth several hundred million yuan, jointly led by Cathay Capital and Shanghai SDIC Pioneer. Existing investors, including Sequoia China, Meituan Dragon Ball, ByteDance, and BlueRun Ventures, continued to participate in the round. LightSource Capital served as the exclusive...
Haiqing Zhiyuan: Thirteen Years of Hard Work by Two Security Industry Veterans Finally Makes It the ”First Physical AI Stock on the Hong Kong Stock Exchange”
On June 22, 2026, the bell rang at the Hong Kong Stock Exchange. With an offering price of 7.2 Hong Kong dollars, the stock opened at 29 Hong Kong dollars—a 302.781% increase. TP4T—a Shenzhen-based company that, over the course of more than a decade, has become the nation’s leader in "light invisible to the human eye." I. Founding: Two Start-ups, Each More Ambitious Than the Last — Haiqing Zhiyuan...
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