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The Self-Variable Robot Completes $1 Billion A++ Round of Funding, with Investments from Bytedance, Sequoia Capital China, and Others
BlockBeats News, January 12, focused on embodied intelligence. Chinese high-tech startup X Square Robot (X²) announced that it has completed a 1 billion RMB Series A++ funding round. The funding was led by ByteDance, Sequoia China, Beijing Information Industry Development Fund, DeepVenture, Nanshan Zhixin Investment, Xinci Venture, and other top investment institutions, as well as diverse local platforms.
It is reported that this is also DeepVenture's AI Fund's first investment since its establishment. It is worth noting that in addition to ByteDance, X Square Robot has also received investment from Meituan and Alibaba in previous rounds of funding, making it the only domestic embodied intelligence company invested in by these three internet giants simultaneously.
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