X Square Robot's $2.8B Series C Boosts China's Embodied AI Market Surge

June 29, 2026
X Square Robot's $2.8B Series C Boosts China's Embodied AI Market Surge
  • X Square Robot is building general-purpose embodied AI by integrating foundation models, robotics hardware, and a proprietary data pipeline to enable robots to perceive, reason, and act in real-world environments.

  • Real-world deployments span household, industrial, and logistics sectors, including a Shenzhen and Beijing AI-powered cleaning service with 58.com and a family-friendly X Family Member Program that lets robots stay with households for up to a month.

  • The company operates a scalable, model-driven data pipeline for data collection, cleaning, annotation, quality control, and augmentation to speed up model development and deployment.

  • This funding surge comes amid a national push to outpace Western rivals in a market analysts estimate could reach trillions, with two unicorns signaling rapid growth in embodied AI.

  • Total robotics funding in China for the year so far already surpasses the full-year 2025 total, indicating accelerating momentum across startups, manufacturing, and potential listings.

  • In late April, X Square completed a Series B led by Xiaomi’s strategic arm and Sequoia China, following an A++ round earlier in the year and a February round, underscoring continued investor enthusiasm.

  • X Square and others are part of China’s broader push into embodied AI and foundation models for robotics, reflecting a strong funding environment and rapid progress in physical AI applications.

  • This report is part of Gasgoo’s Seeds Discovery initiative, which highlights startups driving intelligent transformation and their ecosystem partnerships.

  • Seeds Discovery connects startups with ecosystem partners, investors, and local governments to support the automotive supply chain and showcase standout technologies in intelligent transformation.

  • X Square Robot has now run four consecutive financing rounds, culminating in a Series C valued at over $2.8 billion, placing it among China’s top-valued embodied AI startups.

  • The Series C drew funds from a diverse mix of state funds, ministries, regional and industrial investors, and major players including IDG, Meituan, Alibaba, ByteDance, Xiaomi, and others, with existing shareholders increasing stakes.

  • IDG participated in the Series C, with prior rounds supported by HongShan and Xiaomi, making X Square the only embodied AI company in China to have lead-round backing from multiple major internet tech firms at different stages.

Summary based on 9 sources


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