On June 30, it was announced that Cross-Dimensional Intelligence, a key player in the embodied AI sector, has successfully closed a massive 1 billion RMB Series B funding round.
The investor lineup is nothing short of a “who’s who” in the financial world. On the financial investment side, we’re talking heavyweights like Shenzhen Capital Group (SCGC), Qianhai Mother Fund, Hengjian Capital, and ICBC Capital. The industrial capital camp features industry giants such as Lens Technology, while local state-owned assets like the Guiyang Digital Economy Fund also threw their weight behind the deal.
Notably, existing backers didn’t sit on the sidelines. Long-term supporters like Nanshan Strategic Emerging Industry Investment, Chengdu Sci-Tech Innovation Investment, and the Sichuan Academy of Sciences Fund continued to double down with follow-on investments.
Here’s the real kicker: Cross-Dimensional Intelligence’s revenue for the first half of the year alone hit 100 million RMB. Industry insiders estimate that full-year revenue is poised to break through the 300 million RMB mark. As a result, the company’s current valuation has skyrocketed past the 10 billion RMB threshold.
HA Viewpoint: This isn’t just about money; it’s a massive vote of confidence in the commercialization potential of embodied intelligence. When top-tier financial and industrial investors are aligning like this, it signals that the sector is moving from hype to hard reality.
