Qiongche Intelligence, backed by Feixi Technology, raised several hundred million yuan in a Pre-A++ financing round to enhance its embodied intelligence technologies for various commercial applications.
Target Information
Qiongche Intelligence, a company strategically incubated by Feixi Technology, has successfully completed a Pre-A++ financing round, raising several hundred million yuan. This funding round attracted notable investment from well-known institutions including Shengyu Investment, Qiancheng Venture Capital, Jiayu Capital, Yunqi Capital, and Shanghai Science and Technology Innovation Group. Existing investors such as Prosperity7, Sequoia China, Xiaomiao Langcheng, and Puyue China also reinforced their commitment, highlighting their recognition and confidence in the company.
The financing will accelerate Qiongche Intelligence's advancements in embodied intelligence foundational models, data collection, and evaluation. It will also facilitate the commercialization of its technologies in various sectors such as retail fulfillment, home services, and food processing.
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Industry Overview in China
The field of embodied intelligence in China has seen significant growth, spurred by advancements in AI and robotics. With the rapid development of infrastructure and supportive government policies, the mar
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