Middle Eastern capital invests in Zhongqing Robotics again

Recently, Zhongqing Robotics announced that after previously completing a cumulative financing of 1 billion yuan in the Pre - A++ and A1 rounds, the company has now completed the A1+ and A2 rounds of financing.

Among them, the A2 round of financing was led by old shareholder Huangpu River Capital, in conjunction with Henan Investment Group Huirong Fund and old shareholder Huakong Fund. Other old shareholders such as Leishi Capital and Fortune Capital continued to increase their holdings.

Just a few days before the release of the financing news, the full - size, extremely high - efficiency general humanoid robot, Zhongqing T800, was officially launched, and large - scale sales were fully initiated.

At the level of production capacity guarantee, a relevant person in charge of Zhongqing Robotics told a reporter from Venture Capital Daily that relying on the complete high - end manufacturing ecosystem and supply - chain synergy advantages in Shenzhen, Zhongqing has built its own production line in Honghualing Industrial Zone, Nanshan District. Coupled with the upcoming establishment of a global manufacturing center in Zhengzhou, Henan, it has made full preparations for the mass delivery of PM01 and T800.

Founder Zhao Tongyang is a serial entrepreneur

Founded in October 2023 and headquartered in Nanshan District, Shenzhen, Zhongqing Robotics is a high - tech enterprise focusing on general intelligent robots and industry - scenario solutions.

Currently, Zhongqing has formed a gradient product portfolio covering multiple forms and full sizes, such as bipedal and full - humanoid robots, including T800, SA02, PM01, etc., which can fully meet the needs of different scenarios.

Among them, the newly launched T800 is priced from 180,000 yuan. Four sub - configuration products, namely the basic version, open - source version, Pro version, and Max version, are simultaneously launched to meet diverse application needs in scientific research and education, patrol and inspection, commercial services, cultural tourism and entertainment, logistics and distribution, industrial cooperation, etc.

In terms of product design, according to a relevant person in charge of Zhongqing Robotics, as introduced to a reporter from Venture Capital Daily, the T800 is designed based on the principles of ergonomics and multi - scenario operation requirements. It takes the height of an 1.73 - meter adult and a self - weight of 75 kg to create an anthropomorphic form - not only retaining the affinity of humanoid robots but also endowing the product with operational compatibility for diverse scenarios such as industrial cooperation and service scenarios through proportion optimization.

Zhao Tongyang, the founder of Zhongqing Robotics, previously stated that the company does not only focus on the "body" of robots but conducts full - stack self - research from hardware to software. The product matrix adopts a layered layout strategy, similar to the division of different categories in the automobile product line, to precisely match different customer groups, price ranges, and functional requirements.

In terms of the application scenarios of robots, Zhao Tongyang introduced that the company is reducing exposure in rental and performance - based activities and focusing on expanding actual application scenarios, with a key focus on areas such as 4S stores and mall guides.

Meanwhile, considering that the algorithms related to embodied intelligence have not yet converged and the complex dexterous hand operation technology is difficult to mature in the next two to three years, the company has established a core strategy: "Use your mouth instead of your hands; if you can use simple hand movements, don't use complex ones."

It gives priority to implementing scenarios such as guided tours, patrol and inspection, and simple logistics that do not require complex hand operations to achieve the rapid implementation of technology and the transformation of practical value.

In terms of the business route, Zhao Tongyang introduced that currently, the company targets both B2B and B2C markets, but the ultimate goal is definitely B2C. "The market imagination space for B2B is too small. Only B2C can allow robots to enter thousands of households." However, since the cycle of entering the household market is relatively long, the company chooses to enter the industrial scenario first as a transition. It regards the industrial scenario as an excellent "training ground" to exercise the core capabilities of robots, such as battery life, joint lifespan, and explosive power, in preparation for finally entering the household market.

Zhao Tongyang is a serial entrepreneur. He was the founder and legal representative of XPeng Robotics. In 2016, he founded the quadruped robot company Dogotix. After it was acquired by XPeng Motors in 2020, he led the R & D of the humanoid robot PX5. In October 2023, he founded Zhongqing Robotics, focusing on the R & D of humanoid robots, and completed an angel - round financing of nearly 100 million yuan led by Shangtang Guoxiang Capital and Honghui Fund.

Middle Eastern capital bets on it again

Since its establishment, Zhongqing Robotics has carried out multiple rounds of financing. Its new and old shareholders include national - level funds, local state - owned assets, industrial capitals, and leading market - oriented institutions.

Among them, the A2 round of financing was led by old shareholder Huangpu River Capital, in conjunction with Henan Investment Group Huirong Fund and old shareholder Huakong Fund.

Huangpu River Capital is a deep participant in multiple rounds of financing of Zhongqing Robotics. It has cumulatively invested in more than 40 unicorn enterprises in the fields of chip semiconductors, new energy, biomedicine, artificial intelligence, and the Internet.

In the robotics field, Huangpu River Capital has also invested in DiGua Robotics, Horizon Robotics, etc.

It is worth mentioning that Stone Venture (Leishi Capital) has made at least two key investment moves in Zhongqing Robotics. In addition to this A2 - round financing, in April 2025, this institution also led the Pre - A round of financing of Zhongqing Robotics.

Stone Venture (Leishi Capital) is a private investment institution headquartered in Dubai. Through direct investment, it focuses on leading technology enterprises in emerging Asian markets to help Asian leading technology enterprises expand into the international market.

Its investments in China are concentrated in cutting - edge technology tracks such as robotics and autonomous driving. Its investment moves in 2025 were particularly remarkable. In October 2025, Stone Venture led a Series D financing of over 600 million US dollars for Neolix (Beijing) Technology Co., Ltd.

When talking about why Stone Venture is optimistic about Chinese high - tech startups, an investor in the humanoid robot field analyzed to a reporter from Venture Capital Daily that this is not only a business decision of Stone Venture but also reflects the overall continuous optimism of Middle Eastern capital in China's scientific and technological innovation strength. Since the beginning of this year, there have been more than 10 investment cases of Middle Eastern capital in China.

This article is from the WeChat public account "Venture Capital Daily", author: Li Mingming. It is published by 36Kr with authorization.