36Kr Exclusive | LingSheng Technology Completes Hundreds of Millions in Financing, a Tsinghua-affiliated Embodied Intelligence Robot Company

36Kr has learned that recently, Beijing Lingsheng Technology Co., Ltd. (hereinafter referred to as "Lingsheng Technology") announced the successful completion of two rounds of financing worth hundreds of millions of yuan in the Pre - A and Pre - A+ stages. The financing was led by a listed company, with industrial groups and financial institutions participating as follow - on investors. The raised funds will be mainly used for the large - scale mass production and delivery of its core product, the L - series humanoid robots, the continuous iteration of the real - world data collection and governance platform (LDP) and the embodied world model (LWM), as well as the accelerated expansion of the industrial ecosystem.

Founded in February 2023, Lingsheng Technology is an innovative enterprise focusing on the research and development of embodied intelligent robots, founded by a team from Tsinghua University. The company is dedicated to building a general brain platform for a new generation of humanoid and embodied intelligent robots. Based on the self - developed real - world data collection and governance platform LDP and the embodied world model LWM, it empowers humanoid robots with intelligence and generalized operation capabilities, and has been applied in multiple scenarios such as intelligent manufacturing, unmanned retail, and medical and health care. It has also signed orders with several leading domestic and international manufacturers and central state - owned enterprises.

Relying on its self - developed multi - modal perception fusion, decision - making and execution integrated system, the company aims to empower robots to achieve generalization of basic actions, automated choreography, world model pre - rehearsal, and real - machine execution, truly promoting the practical application of robots in multiple scenarios such as industry and consumer sectors. It has built an end - to - end capability covering "technology R & D - scenario verification - mass delivery", and its solutions have been successfully implemented in more than a dozen benchmark projects in areas such as 3C electronics, logistics and warehousing, and intelligent manufacturing sorting and handling.

Currently, the domestic embodied intelligence industry is on the verge of an explosion driven by both "industrialization and capitalization". The capital market has shifted from focusing on technological concepts in the early stage to placing more emphasis on "technological verification and expected scenario implementation", highlighting the realizable industrial capabilities. With its solid technological accumulation and clear business path, Lingsheng Technology precisely meets this trend. This round of financing shows distinct characteristics of industrial cooperation and implementation. Investors including Langke Investment, Hongrui Group, and Ningbo Fangzheng not only cooperate deeply in investment but also closely bind with Lingsheng Technology in aspects such as "intelligent algorithms + precision manufacturing + implementation scenarios". Multiple parties achieve resource complementarity and jointly break through the entire chain of mass production and implementation of humanoid robots.

The successful completion of this round of financing will inject strong impetus for Lingsheng Technology to enter the fast lane of commercial scale - up, and lay a solid foundation for it to rank among the first echelon of domestic embodied intelligent robots.

Yang Hongbing, the founder of Lingsheng Technology, said: The competition of new - quality productivity driven by technology is not only a competition of cutting - edge technologies but also a test of the enterprise's ability to implement commercial scenarios. Lingsheng Technology will continue to deeply explore fields such as intelligent manufacturing, unmanned retail, and commercial services. Through technological iteration and ecosystem opening, it will enable embodied intelligent terminals to truly become a new - quality productivity tool for empowering the real economy.

Fang Yongjie, the chairman of the listed company Ningbo Fangzheng, said: We are optimistic about Lingsheng Technology's leading position in the "smart brain" of humanoid robots. At present, the Chinese manufacturing industry is at a critical moment of transformation and upgrading. The traditional production model urgently needs to inject innovative impetus, and embodied intelligence technology is the "golden key" to solve the industry's pain points. Lingsheng Technology's persistent pursuit of endowing robots with a "brain" coincides with Ningbo Fangzheng's original intention of building a first - class manufacturing platform. We look forward to jointly building a new - quality productivity combination of "intelligence + manufacturing" with Lingsheng Technology, laying a solid foundation for the large - scale development of the humanoid robot industry.

He Junli, the general manager of Hongrui Investment, said: The robot industry is in a critical period of transition from "concept verification" to "large - scale penetration". From the current policy release, development speed, and scenario demand, in the next 3 - 5 years, enterprises with technological iteration capabilities, fast scenario implementation, and ecological integration strength are expected to truly realize their valuations after the bubble is cleared and become the next "smart - car - level" industrial giants. Lingsheng Technology's self - developed embodied world model empowers humanoid robots with intelligence and generalized operation capabilities, showing significant leading advantages in technological leadership and scenario order implementation. Hongrui Group will fully support the R & D and market expansion of Lingsheng Technology's robots, and jointly create a new benchmark in the industry, continuously creating long - term value for the industry.

Cheng Xiaohua, the founder of Wanwuwei Venture Capital (Langke Investment), said: Embodied intelligence is an integration of technologies such as artificial intelligence, high - end manufacturing, and advanced sensing, which places extremely high requirements on the entrepreneurial team. Mr. Yang Hongbing, the founder, has both large - scale AI product R & D experience in top - tier Internet companies and delivery management experience in humanoid robot manufacturing plants. This composite background spanning "intelligence" and "entities" is particularly precious in today's embodied intelligence track. The team's in - depth understanding of industrial needs, grand vision of empowerment, and steady business rhythm make us believe that they are the right leaders to lead Lingsheng Technology through the technological cycle and achieve industrial implementation. As an investor in Lingsheng Technology, Wanwuwei Venture Capital continues to be optimistic about its future prospects in the embodied track and will provide full - scale support.