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X Square Robot Wraps up RMB1B A++ Round Financing, Wagered by ByteDance, Meituan, Alibaba Concurrently
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X Square Robot announced the completion of RMB1 billion A++ round financing, Chinese media reported. This round was jointly invested by top investment institutions such as ByteDance, HongShan, Beijing Information Industry Development Fund, SZVC, and various local platforms. This was purportedly the first investment by the SZVC AI Fund since its establishment. Notably, besides ByteDance, X Square Robot had previously received investments from MEITUAN-W (03690.HK) and BABA-W (09988.HK), making it the only embodied intelligence company in China simultaneously invested by these three major internet giants. AASTOCKS Financial News Website: www.aastocks.com |
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