Juwei Technology Secures Hundreds of Millions in Four Rounds of Funding in Two Months, with an All-Star Team of Industrial Capital Players Entering the Fray | Exclusive from 36Kr
36Kr learned that Hangzhou Jüwei Technology Co., Ltd. (hereinafter referred to as "Jüwei Technology"), a full - domain mobile intelligent robot company, recently completed its Series A++++ financing round. This round of financing was jointly led by Binzhou State - owned Assets Investment Corporation, Weiqiao Group, and Binzhou Chemical Industry, and followed by Heda Holdings and Denuo Capital. Among them, Binzhou State - owned Assets Investment Corporation continued to follow - on invest. The funds will be mainly used for the continuous and in - depth R & D of core technologies, as well as the large - scale implementation and commercial promotion of special application scenarios across the country.
Jüwei Technology was founded in Hangzhou in early 2025. It focuses on the R & D and application of wheeled quadruped robots, aiming to create a "full - domain mobile intelligent agent" with all - terrain autonomous operation capabilities. It provides intelligent solutions for special scenarios such as strong magnetic fields, blasting, and extreme cold. Its products have advantages such as large load capacity and long battery life.
At the beginning of 2026, Jüwei Technology completed 3 rounds of Series A financing in 30 consecutive days, continuously receiving investments from leading listed companies in the industry, state - owned industrial platforms, and market - oriented institutions. In the Series A financing, listed companies and professional investment institutions such as Zhengqiang Co., Ltd., Yilian Technology, and Luxin Venture Capital strategically entered the company. In the Series A+ and A++ financing rounds, high - quality industrial capital and state - owned capital such as Jianyuan Tianhua and Binzhou State - owned Assets Investment Corporation successively made strategic investments. With this Series A++++ financing, the total financing amount has reached hundreds of millions of yuan.
Wang Zixuan, the founder and CEO of Jüwei Technology, said that Jüwei Technology hopes to integrate industrial resources from all parties to create a sustainable development model of "self - developed technology + supply chain binding + closed - loop implementation in scenarios", accelerate the large - scale and commercial implementation of embodied intelligence technology, and continuously consolidate its leading position in the industry.
As a Fortune Global 500 company in the energy and aluminum industries, Weiqiao Group has a prominent demand for special - operation robots with anti - magnetic, anti - interference, and high - reliability features in its core industries such as electrolytic aluminum, which forms a natural industrial synergy with Jüwei Technology's robot business. As a leading enterprise in the chemical industry, Binzhou Chemical Industry's production scenarios are generally characterized by flammability, explosiveness, and strong corrosiveness, which can directly provide rich application opportunities for Jüwei Technology's explosion - proof robots. Collaborating with Zhengqiang Co., Ltd. in the R & D of core hardware for robot joint modules and working deeply with Yilian Technology on the integrated supporting of electrical connection components helps Jüwei Technology to open up the underlying supply chain of embodied intelligent hardware.
Wang Zixuan has a track record of successful continuous entrepreneurship and industrial experience. He has led investments in projects such as Leapmotor and Sunwoda, founded a leading sodium - ion battery company, and completed the construction of production lines and the implementation of major orders. Li Qinchuan, the company's chief scientist, is a senior expert in the field of quadruped robots and enjoys the special government allowance of the State Council. The core members of the R & D team mostly come from domestic and foreign universities such as Stanford University, Zhejiang University, and Zhejiang Sci - Tech University.
1. Targeting Extreme Environment Positions "People Are Unwilling to Go To", Creating a Full - Domain Mobile Intelligent Agent Combining Wheels and Quadruped
In 2025 when humanoid robots were extremely popular, Wang Zixuan clearly saw the real bottlenecks in the industrial implementation of the industry. "We observed that the core problem in the industrial implementation of the embodied intelligence field at present is that the pain points are not painful enough and the rigid demands are not strong enough. The real rigid demand for mobile robots is not to replace people sitting in offices, but to take over those dangerous and arduous jobs that people should not do in the first place."
Based on this thinking, Jüwei Technology did not choose to polish algorithms in structured scenarios or achieve commercialization from scenarios such as performance and education. Instead, it targeted special work scenarios: sending robots to harsh environments such as strong magnetic fields, nuclear radiation, high altitudes, oxygen - deficient areas, extreme cold, and extreme heat to perform tasks that humans don't want to do, dare not do, or can't do. Wang Zixuan said, "Currently in China, there are as many as 20 million such high - risk special work positions."
Focusing on these specific scenarios, Jüwei Technology aims to achieve the "Four - Proof" capabilities of robots: anti - magnetic, anti - explosion, anti - freezing, and waterproof. To achieve these capabilities, the premise is that the robots have sufficient load - carrying capacity to ensure their mobility and stability after being modified with protective measures such as explosion - proof shells, anti - magnetic shields, and insulation layers. For this reason, Jüwei Technology broke the traditional design paradigm of narrow - bodied and long - legged quadruped robots and adopted the rare "wide - body + short - leg" configuration, combining traditional wheels with quadruped legs.
Jüwei Technology's robots
"We believe that the form that combines the efficiency of wheels and the all - terrain capabilities of legs is the ultimate solution for future full - domain mobility." Wang Zixuan believes that although traditional quadruped robots have obstacle - crossing capabilities, their continuous leg - lifting movement mode has high energy consumption, limited average fault - free endurance time, serious mechanical wear, and easily damaged hardware, making them difficult to meet the requirements of large - scale and long - term operations in industrial scenarios.
In addition to product form innovation, Jüwei Technology has achieved self - research and self - production of components such as high - power joint motors. Through high - strength structural design, it has broken through the load limit of robots, with a dynamic load of 200 kilograms and a static standing load of 400 kilograms, more than five times the industry average. Thus, it can stably carry various professional equipment for heavy - duty detection and emergency rescue.
To ensure that robots can maintain a working state for a long time in extreme environments, Jüwei Technology has integrated technologies such as energy recovery systems and liquid - cooling solutions from the automotive industry into robot design through cross - industry combined innovation, improving the energy - consumption efficiency of robots. The measured no - load endurance of the robots has been increased to 12 hours, and the load - carrying endurance has been increased to 8 hours, breaking through the industry bottleneck and performing several times better than the industry average.
At the algorithm level, Jüwei Technology has created an integrated "sensing, planning, control, and driving" system from the underlying FOC control to the upper - layer motion control and perception decision - making. It uses a modular expansion platform to be compatible with diverse operating equipment, thus taking into account both heavy - load performance and scenario adaptability.
"Only when the underlying system is connected can the performance of the hardware be improved from 70 points to over 95 points, achieving the 'unification of writing and gauge' for robots." According to Wang Zixuan, at the 2025 World Robot Conference, the robot products displayed by Jüwei Technology achieved autonomous following and obstacle - crossing capabilities completely without a remote control, and were able to complete autonomous navigation without a map or remote control in a three - dimensional space.
2. Building Higher Technological Barriers Upward and Deeply Exploring 20 Million Special Work Scenarios Downward
In Wang Zixuan's view, the development of the embodied intelligence industry can be divided into three stages: "The first stage is element innovation, that is, the breakthrough of underlying technologies such as reinforcement learning, which has basically passed. Now, Jüwei Technology is bringing the achievements of the first stage into the second stage of supply chain integration, engineering implementation, and scenario solution, and at the same time moving towards the third stage of business model innovation, ultimately forming a growth flywheel."
Based on its market positioning of focusing on special industrial scenarios, Jüwei Technology currently focuses on expanding large state - owned and central enterprises in fields such as electrolytic aluminum production, petroleum and petrochemical, fire emergency, and public security and security. "Such customers have higher requirements for safety production, ESG, and social responsibility, and also have stronger payment capabilities and innovation willingness." Wang Zixuan said.
Customers in these scenarios do not simply calculate the economic accounts of labor substitution. Instead, they first focus on the "safety accounts" and "social value accounts". Therefore, product technical capabilities and stability are also the core competitiveness that Jüwei Technology needs to focus on for a long time to serve the above customers well.
Wang Zixuan said that to continuously build higher access barriers, Jüwei Technology has obtained the first Ex db eb IIB T4 Gb "flameproof and increased safety" composite explosion - proof qualification for embodied intelligent robots. It also plans to complete a full series of explosion - proof certifications from the International Electrotechnical Commission (IECEx), the European Union's ATEX, North America, and China's CNEX within this year.
In addition to robot hardware products, Jüwei Technology provides full - stack special - operation solutions including local deployment, upper - device adaptation, and algorithm platform integration for customers in complex industrial scenarios, achieving one - stop closed - loop services from equipment delivery to scenario implementation. In 2025, Jüwei Technology achieved an order value in the hundreds of millions of yuan. Currently, the order scale is in the hundreds of millions of yuan. It is expected that the shipment volume of robot products will exceed a thousand units in 2026, achieving revenues in the hundreds of millions of yuan.
When talking about future plans, Wang Zixuan said that Jüwei Technology's core strategy is not to pursue premature horizontal expansion but to first do in - depth work in the vertical field. "I summarize it as having a width of 10 meters and extending 100 meters both upward and downward."
The so - called "upward" refers to the continuous R & D of core technologies. On the one hand, it aims to further improve product performance, with the goal of increasing the average fault - free continuous working time to over 10,000 hours by the end of 2027, truly reaching the industrial - grade standard. On the other hand, it strengthens the R & D of the operating system, creating a robot "app store" open to third - party hardware developers to meet the differentiated needs of various segmented scenarios. On the basis of individual robots working independently, Jüwei Technology is also researching swarm intelligence technology and is expected to achieve the collaborative operation ability of "AI intelligent agents + multiple robots" in the second half of this year.
"Downward" means to continue to deeply explore 20 million special job scenarios and access qualifications. After further improving product reliability and algorithm maturity, it will then migrate to more daily life service scenarios. "From technological breakthroughs, engineering and in - depth scenario exploration, to ecological and business model innovation, what Jüwei Technology needs to do is to run through these three stages from the bottom to the top, providing a new paradigm for the industry." Wang Zixuan said.