Qiming Venture Partners has successfully invested 1.1 billion yuan in Galaxy General, a company advancing humanoid robotics through innovative technology and practical applications in various sectors.

Target Company Overview

Recently, Qiming Venture Partners announced a successful round of financing amounting to 1.1 billion yuan for its investee company, Galaxy General. Since its establishment, Galaxy General has utilized a paradigm of pre-training on simulation-generated action data sets and fine-tuning with real data, leading rapid advancements in embodied AI technology globally. The company has made significant strides in the large-scale application of robots in various fields such as smart retail, industrial automation, and healthcare.

Dr. He Wang, an assistant professor at Peking University and the founder and CTO of Galaxy General, elaborated in an interview about the company’s design philosophy, which emphasizes creating humanoid robot products that meet or exceed automotive-grade standards. He expressed that Galaxy General focuses on user experience and aims to deliver solutions addressing actual market pain points, ensuring humanoid robots can perform valuable tasks in various industries.

Industry Overview in China

The AI robotics industry in China is witnessing exponential growth, spurred by rapid technological advancements and increasing investment from both public and private sectors. Notably, the demand