Magic Atom completed a new round of financing of 500 million yuan.

On March 9th, Magic Atom announced the completion of a new round of financing worth 500 million yuan. The investment institutions in this round include Sky Workshop Venture Capital Fund, Top Group, Jinyu Maowu, Soochow University TianGong, Jiecang Intelligent, ASIDA, Liang Venture Capital, etc. Meanwhile, Magic Atom, in collaboration with Sky Workshop Venture Capital Fund and Wuxi Liangxi District, launched a 10-billion-yuan industrial fund. This fund focuses on the key links in the upstream and downstream of the embodied intelligence industry chain, including algorithm, computing power, AI infrastructure, core components of robots, new robot forms, as well as the development of end-execution tools and specific application scenarios. (Yicai Global)