Xingyuanzhi completed a new round of financing

36Kr learned that Xingyuanzhi, an embodied brain company, announced the completion of a new round of financing. So far, it has raised a total of RMB 1 billion. The investors in this round include institutions such as Songhe Capital, Creation Capital, and Huakong Fund, state-owned assets such as CRRC Capital, Beijing Industrial Investment, Guojun Innovation Investment, and Jiangxi Financial Holding, as well as industrial players like Aiteke, Hengxing Group, and Qi'an Investment. Meanwhile, the old shareholder, Yuansheng Venture Capital, has continuously increased its investment for three consecutive rounds, and the Beijing Academy of Artificial Intelligence has continued to support the company. The funds from this round of financing will be mainly invested in three key areas: the R & D of core technologies for the next - generation embodied brain and world models, the large - scale mass production and implementation of products, and the recruitment of top talents and team building.