In the latest industry news, Nanjing Venture Capital Group announced that X Square Robot, a domestic robotics startup, has successfully completed its Pre-A++ round of financing. This round was led by Lightspeed China Partners and Junlian Capital, with participation from Beijing Robot Industry Fund and Shenqi Capital. The funds raised will be used to train and deploy the next generation of unified embodied intelligent general-purpose large models.
Founded in December 2023, X Square Robot aims to advance general-purpose robotics technology by developing an embodied intelligent general-purpose large model. The ultimate goal is to create general-purpose robots capable of autonomously performing tasks through interaction, perception, and action, much like humans. This means future robots will possess more efficient generalization and transfer capabilities, adapting to various environments and tasks.
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Founder and CEO, Qian Wang, holds a bachelor's and master's degree from Tsinghua University and is one of the world's first researchers to propose the attention mechanism in neural networks. During his doctoral studies, he participated in numerous robotics learning projects at a top US robotics laboratory, covering areas such as robot manipulation and home services. Co-founder and CTO, Hao Wang, holds a Ph.D. in computational physics from Peking University and served as the algorithm lead at the Guangdong-Hong Kong-Macao Greater Bay Area Digital Economy Research Institute, participating in the development of several large domestic models.
This financing not only provides X Square Robot with strong financial backing but also lays a solid foundation for its further exploration in the field of embodied intelligence. With advancements in technology, embodied intelligent robots will gradually enter our daily lives, with applications ranging from smart homes to industrial automation.
Amidst the rapid development of this industry, X Square Robot is committed to enhancing China's competitiveness in the global robotics market, aiming to deliver even more intelligent robotic products and provide users with more convenient services in the near future.