Gerade hat der Diguabot erneut 800 Millionen Yuan an Kapital beschafft.

The robotics industry is getting another boost.

According to information from Touzhongwang, DiGua Robotics has completed a Series B1 financing of $120 million. After a Series A financing of $100 million in 2025, the total financing from Series A and Series B amounts to $220 million.

This round is a classic club deal. The number of new investors exceeds 15. Their backgrounds can be clearly divided into two categories: industrial capital and financial capital. The industrial capital providers include Synstellation Capital, Didi, Meituan Longzhu and other leading industrial capital providers. Borui Capital, Joyoung Family Office, Yongning High - Tech, BAIC Capital, Jiukun VC, Xinlian Capital and Yarui Capital are strategic investment institutions.

The financial investors include Jinqiu Fund, Xingrui Capital, Chuxin Capital, Gengxin Capital, Yunbo Capital and other first - tier institutions. At the same time, old shareholders such as Hillhouse Capital, Vertex Growth of Singapore's Temasek, Linear Capital, Hexuan Capital, Huangpu River Capital, Morningside Venture Capital and others have all over - proportionally co - invested.

DiGua Robotics was originally the robotics department of Horizon Robotics and traces back to the AIoT department of the company. According to public interviews of the company, the decision to become independent was due to the emergence of GPT in 2023, which has re - defined technological problems in the robotics industry such as insufficient intelligence and difficulties in application implementation. After recognizing the trend of the mutual penetration of robotics and big data models and how to better utilize the technologies and resources accumulated in the robotics direction of Horizon Robotics, DiGua Robotics officially separated from Horizon Robotics in 2024.

In contrast to most robotics companies in the market, DiGua Robotics positions itself as a provider of universal "foundations" for robotics hardware and software. Simply put, the main business is not the self - development of robotics devices, but the provision of various toolkits for the development, mass production and application of robotics products. This covers all aspects from chips to algorithms to software and covers almost all current types of robots, including humanoid robots, wheel - legged robots, quadruped robot dogs, service and companion robots, logistics AMRs and many others.

In a few interviews with founders, DiGua Robotics CEO Wang Cong described DiGua's positioning as "the greatest common divisor for the implementation of robots". This is in line with the way of working of Horizon Robotics - competing where no one else is competing.

At a time when Embodied Intelligence is in full bloom and the technologies are not yet mature, DiGua Robotics is at an extremely rare and safe ecological node. This is probably the core reason why DiGua Robotics is supported by so many investors.

A club deal with high industry concentration

Since its establishment, DiGua Robotics' financing has gone smoothly.

In May 2025, DiGua Robotics completed a Series A financing of $100 million, in which institutions such as Hillhouse Capital, Morningside Venture Capital, Linear Capital, Hexuan Capital, Jiuhe Ventures, Vertex Growth, Lisi Capital, Dunhong Assets, Feidian Capital, Morningside Venture Capital, Huangpu River Capital and others participated. Among them, Hillhouse, Morningside, Linear and Huangpu River Capital were already early or even first investors in Horizon Robotics.

In December of the same year, DiGua Robotics completed a financing of several hundred million US dollars, in which several US - dollar funds and strategic investors participated. The clearly disclosed investor was a Middle - East capital provider, Prosperity7 - a fund of Saudi Aramco Ventures.

This round continues the luxurious style of the investors. One feature is the very high concentration of industrial capital, which makes up the majority of the investors and mostly comes from old players with experience in Embodied Intelligence.

Synstellation Capital has no official website so far. According to industry information, it is probably a hard - tech industry investment platform founded by Zheng Zhigang. Since the beginning of the year, it has participated in the new financing of Qianxun Intelligence of 2 billion yuan and in the new financing round of Lingqiao Hand Robot.

Borui Capital belongs to the "CATL - system" investors. It was founded in 2024 by Li Ping, co - founder and vice - chairman of CATL. It invests in the early stage. In 2024, it invested in the Angel+ round of Qianxun Intelligence and increased its stake in two other rounds. In 2025, it invested in the Seed round of Vita Power.

BAIC Capital is the CVC platform of the BAIC Group and has been very active in Embodied Intelligence in recent years. Last month, it participated in the Series B financing of Xinghai Map of 1 billion yuan. In November 2025, it invested in the Series A+ financing of Xingdong Jiyuan of 1 billion yuan. Even earlier, BAIC Capital was involved behind companies such as Galaxy Universal, Zhipu Robotics, Pacini, Songyan Power and Pudu Robotics.

Xinlian Capital is the CVC platform of the chip - producing company Xinlian Integrated. It has invested in Lingqiao Hand Robot and Xingyuanzhi Robot.

Yarui Capital is a technology innovation platform initiated by Professor Wang Tianmiao of Beihang University. It focuses on the early - stage development and investment in high - end manufacturing, precision medicine and intelligent services. It has invested in dozens of AI and robotics projects, including Galaxy Universal, Xiaoyu Zhizao and earlier companies such as Ninebot, Tianzhihang, Zhixingzhe, Shenzhilan and others, which cover various scenarios such as service, medicine, driverless driving and underwater robots.

Joyoung Family Office is the investment platform of Joyoung Co., Ltd. and has already begun to focus on the development of robots for kitchen and household service scenarios. Yongning High - Tech is an industrial fund jointly established by the Ningbo Tongshang Holding Group and the administrative department of the high - tech park. The region has a solid foundation in the semiconductor and intelligent manufacturing industries.

Another special investment is Jiukun VC, an early - stage technology investment platform founded by the leading quantitative hedge fund Jiukun Investment. In February of last year, it invested in the Angel round of Yuanli Lingji.

It is not difficult to see that these investors, in addition to capital, also have a comprehensive Embodied - Intelligence scenario and ecosystem. This pragmatic selection is already a consensus in Embodied - Intelligence financing. In addition, the financing amount of $120 million with nearly 20 investors is probably also the result of the company's restraint. The order of financing from market - driven US - dollar funds, international capital providers to industrial capital providers is almost the same as that of Horizon Robotics back then.

The "shovel seller" in the era of Embodied Intelligence

Last year in 2025, we analyzed the development of Embodied Intelligence several times. Two key data sets were often cited:

The first data set concerns capital attractiveness. According to statistics from Touzhongjiachuan CVSource, in the entire year of 2025, more than 310 financings were completed in the Embodied Intelligence industry, of which more than 100 reached an amount of more than 100 million yuan. If we limit the statistics to "new startup companies" founded after 2024, as many as 47 Embodied - Intelligence startups completed financings of more than 100 million yuan. Compared with other currently popular investment industries in the same period (founded after 2024 and cumulative financings of more than 100 million yuan), there are only 12 startups in the Low - Altitude - Economy, 8 in the Commercial Space and only 3 in the Intelligent Driving that meet these criteria. Only Artificial Intelligence leads with 107 such startups.

The second data set concerns market participation. In 2025, investors in Embodied Intelligence were "diverse". Industrial capital providers, university funds, VC/PE, government subsidies, the main players in the current capital market, were all involved in this investment wave. At the same time, these investors showed a "high willingness to cooperate". There are not a few cases where investors with different capital attributes and investment strategies, such as large industrial conglomerates, VC/PE and government subsidies, participated in the same financing round.

The simultaneous appearance of these two data sets largely confirms a core statement: Embodied Intelligence is not simply an emotional bubble created by the current economic situation and media reports. As a leading area of the deep integration of artificial intelligence and advanced manufacturing technology, the robotics industry, as the core carrier of Embodied Intelligence, simply does not lack business opportunities. This is at least because the technological development in the "manufacturing industry" always follows the law of "alternating development": the progress of the robots themselves drives the prosperity of the upper - level components, the prosperity of the upper - level components improves the performance of the robots, and the high - performance robots drive the demand in specific application cases, which in turn stimulates the progress of the robots themselves.

However, the crucial problem is that the "startup wave" in Embodied Intelligence in 2025 is also a continuation of the "big - data - model investment wave". The basic idea is that although artificial intelligence is an inevitable trend, it is still unclear when the capabilities of the models can be converted into actual productivity and how much resources and capital are required for that. In comparison, Embodied Intelligence is a subset of the practical application of artificial intelligence, a new source of productivity that brings new market - creating potential, and each practical application case is the rational decision of the end - users.

In addition, the Embodied Intelligence industry has a stronger "labor - intensive" nature. Compared with general - purpose big - language models with billions of parameters, Embodied - Intelligence models usually have only a few billion to a few dozen billion parameters, and the costs for training and inference are significantly lower. The capital flowing into big - data models and artificial intelligence will naturally flow into different levels of Embodied Intelligence to apply the excess model capabilities to interaction intelligence, movement intelligence and action intelligence.

Embodied Intelligence has not yet developed into a manufacturing industry with a complete supply chain. Under this premise, the natural demand of the manufacturing industry for "supply - chain cooperation" actually becomes the bottleneck of Embodied Intelligence. A direct problem is that the lack of lower - level infrastructure makes every step of development extremely difficult. Most companies have to start with chip adaptation, optimize the operators themselves, adjust the drivers and optimize the system - wide adaptation. This consumes a lot of research and development resources for "reinventing the wheel", and the proportion of lower - level research and development investment is too high, which directly slows down the speed of the entire industry's development.

And this is the most important reason why DiGua Robotics has attracted so much attention since its establishment.

DiGua Robotics' technological strengths can be divided into three levels. The first is the accumulation of chip architectures. The Horizon Journey series uses the BPU (Brain Processing Unit) architecture, which is specially optimized for the inference of neural networks at the edge level. In embedded scenarios for real - time recognition, planning and control of robots, the performance in terms of power consumption, latency and computing efficiency is significantly better than comparable general - purpose GPU solutions. The Journey 6P has a computing power of 560 TOPS and can support the real - time recognition, planning and control of robots in multiple tasks in parallel. More importantly, the strict requirements for functional safety, temperature adaptation and service life of automotive chips give them a natural advantage in the industrial robot industry.

The second level is the completeness of the toolchain. The biggest hidden investment of Horizon Robotics in the past ten years was the creation of an overall software development platform around the Journey chips - including the AI toolchain, the simulation environment and the operating system adaptation layer. This toolchain enables automobile manufacturers to quickly deploy algorithms on the Journey chips. The same ability is now also offered to robot developers. As a continuation of Horizon Robotics' robotics business, DiGua Robotics has launched a developer platform equipped with mainstream perception models, planning and control algorithms and a simulation and test environment. Developers can directly use the lower - level computing power without optimizing the operators from scratch or adjusting the drivers.

The third level is the transfer of mass - production experience. The real competitiveness of chips lies not in laboratory performance, but in the reliability data and cost - control ability accumulated in the production of millions of units. The Horizon Journey chips have sold a total of more than 10 million units and have been tested in many brands and vehicles. This means that their hardware stability, software compatibility and the maturity of the supply chain have all been tested by the market. This "mass - production gene" is difficult for most robot - chip startups to replicate in the short term.

In an interview in May 2025, DiGua Robotics CEO Wang Cong made it clear: "DiGua Robotics positions itself as an infrastructure provider for robotics hardware and software... We always believe that the types of robots will be extremely diverse in the future... In the future, there will be different types of robots in each application scenario, and behind each type, there will be a series of companies. There will be thousands of robotics companies. And for such an industry, it needs a company that provides the lower - level infrastructure for hardware and software so that the industry can become better and bigger. Just like in the Internet industry, if there were no Amazon or Alibaba as infrastructure providers, a team of 20 people would have to build their own servers. DiGua Robotics has decided not to build robots itself, but to serve all companies that build robots."

Hexuan Capital, the first investor in DiGua Robotics, also said in an earlier conversation with Touzhongwang: "The reason why we chose DiGua Robotics is..."