On August 11, Daimeng Robotics announced the completion of a funding round worth hundreds of millions of yuan, led by Ant Group, with existing shareholders significantly increasing their stakes in a follow-on investment. Within the past two months, the company has closed a Series A round and a strategic financing round, each worth hundreds of millions. Previous investors include Inovance Industry Investment, China Mobile Chain Fund, Lenovo Capital, China Merchants Group Venture Capital, and China Telecom.
Daimeng Robotics was incubated from a research team at the Hong Kong University of Science and Technology (HKUST) and officially began operations in 2023. Headquartered in Shenzhen, the company also has an R&D center in Hong Kong. Its mission is to build a comprehensive physical AI stack that integrates tactile perception, data, and models.
