A rising star in Beijing's humanoid robot industry has secured nearly 100 million yuan in financing, and each product is priced at 320,000 yuan.
On June 26, Robot Outlook reported that today, Lingbao CASBOT announced the completion of nearly 100 million yuan in Angel + round financing. This round of financing was led by Lens Technology, with Tianjin Jiayi and old shareholders SDIC Venture Capital and Henan Asset following the investment. The funds from this round will be mainly used to accelerate product mass production, technological R & D iteration, and market expansion, continuously strengthening the company's core competitive advantages in "technological leadership + commercial leadership."
Lingbao CASBOT has completed three rounds of financing. The previous round of financing was in February this year, when it completed over 100 million yuan in Angel round financing. The investors included Lenovo Capital and Incubation Group, SDIC Venture Capital, and Henan Asset Fund.
The founder, Zhang Zhengtao, is a researcher and doctoral supervisor at the Institute of Automation, Chinese Academy of Sciences. He founded Zhongke Huiyuan in 2016 to develop optical intelligent detection systems. The company has completed 1 billion yuan in financing. At the end of 2023, Zhang Zhengtao established Lingbao CASBOT, focusing on the R & D of general humanoid robots and embodied intelligent products for scenario implementation.
Zhang Zhengtao, founder and chairman of Lingbao, researcher and doctoral supervisor at the Institute of Automation, Chinese Academy of Sciences
Its core team brings together senior experts from top global universities and technology companies, with more than 20 years of in - depth research experience in key fields such as intelligent robots, precision assembly, visual servo, and robot skill learning.
In November last year, Lingbao CASBOT released its first bipedal humanoid robot product, "CASBOT 01" (nicknamed "Wednesday"), positioned as a general brain - like intelligent robot. The whole machine has 52 degrees of freedom and a computing power of 550T, achieving high - performance whole - body integrated control and long - sequence dexterous operation. Half a year later, it launched "CASBOT 02" equipped with a multi - modal perception system and a high - computing - power RCU, which was put on sale on JD.com during the 618 Shopping Festival, with a price of 328,800 yuan.
In terms of the end - effector of humanoid robots, Lingbao CASBOT has developed a five - finger bionic smart hand that combines technologies such as embodied intelligence, compliant force control, and precision operation. It can perform special actions such as two - finger screwing and inter - finger grasping, and complete complex assembly, inspection, and picking tasks to meet the flexible manufacturing task requirements in industrial manufacturing scenarios.
Not long ago, Lingbao CASBOT and the Institute of Automation, Chinese Academy of Sciences jointly proposed a "fine - tuning method for VLA models in real environments based on reinforcement learning." It provides better solutions to core problems such as easy collapse of strategies during fine - tuning, low efficiency of online training samples, and unstable learning processes, improving the safety, efficiency, and robustness of VLA models in real robot tasks.
At the end of last year, when Zhang Zhengtao was interviewed exclusively by Robot Outlook, he said that the implementation of humanoid robots is a global challenge. How to lock in application scenarios and achieve scenario - driven development is extremely challenging.
He mentioned that Lingbao is targeting three major types of scenarios: First, structured scenarios, mainly in the manufacturing, assembly, and collaboration links in factories; second, customized scenarios, such as underground mining operations and special operations; third, open scenarios, such as elderly care, housekeeping services, and entertainment activities.
In terms of industrial applications, Lingbao CASBOT has officially reached a strategic cooperation with Shandong Zhaojin Group Co., Ltd. and Shandong Zhongkuang Group Co., Ltd. The three parties jointly established a joint - venture company, focusing on underground mining embodied intelligent robots and comprehensive mine safety patrol and defense. They will leverage their respective core advantages in technology R & D and industrial practice to promote the intelligent transformation process of the mining industry. This is the first implementation case of a humanoid robot manufacturer deeply embedded in the mining and energy scenario.
In addition, Lingbao CASBOT has also reached a strategic cooperation with CITIC Heavy Industries to jointly create fully domestic special humanoid robots and internationally competitive humanoid robot products, delving deep into special scenarios.
After the completion of this round of financing, Lens Technology will also open up its scenarios in consumer electronics, intelligent vehicles, and smart home appliances to cooperate with Lingbao CASBOT, accelerating the large - scale application and real - world implementation of embodied intelligent robots in the global industrial field. At the same time, Lens Technology will also provide key components and whole - machine assembly for the mass production of Lingbao CASBOT robots, assisting in quality control and cost control.
This article is from the WeChat public account "Robot Outlook". Author: Xu Lisi, Editor: Mo Ying. Republished by 36Kr with permission.