Xiaoyubot Raises New Round, Backed by Xiaomi, Didi, BAIC

Xiaoyubot closed a multi-hundred-million yuan Series B+ round co-led by Xiaomi, Didi, BAIC Investment, Fosun Venture and CCDC.

Xiaomi co-founder Lei Wanqiang also backed the deal, underscoring strong support from major tech, auto and state-linked investors.

The company will use the funding to expand its industrial embodied AI applications and accelerate large-scale robot shipments.

The round strengthens Xiaoyubot’s push to build a leading robot platform and robot ecosystem in China.