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Zhuji Power completes Series A strategic financing to accelerate the development of embodied intelligence basic large model

2024-07-15

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Beijing News Shell Finance (Reporter Chen Weicheng) After completing a strategic financing in May, general robot startup Zhuji Power announced on July 15 that it has recently received strategic investment from multiple institutions, led by China Merchants Venture Capital and SAIC Group's private equity investment platform Shangqi Capital, and old shareholders Frees Capital, Oasis Capital and Mingshi Capital continue to support. In just two months, Zhuji Power's A round of strategic financing was officially completed, and it was favored by a total of six institutions, three of which were lead investors from the industry, covering multiple strategic application scenarios such as AI, automobile manufacturing, logistics and urban comprehensive services.

It is reported that the goal of Zhuji Power's Series A financing is to find matching strategic industrial resources and application scenarios in the AI ​​era of general humanoid robots. While using multimodal large models to accelerate technological breakthroughs in general humanoid robots, it will promote the verification and iteration of related technologies in real scenarios, upgrading from cutting-edge technology exploration to commercial implementation practices, and laying a technical and industrial foundation for the commercial application of general humanoid robots in multiple scenarios.

Zhang Wei, founder of Zhuji Power, said, "We have locked in industrial investors from the beginning of our Series A financing, because scenarios mean time, money and technology. The AI ​​era of general humanoid robots requires technology companies to understand scenarios even more. This round of financing allows Zhuji Power's general robot technology to enter multiple strategic industries such as 'smart', 'manufacturing', 'services' and 'things', which will help us to go deep into and understand scenarios, speed up the construction of the basic large model of humanoid robots, and make technology iterations more in line with real needs."

Editor: Yue Caizhou

Proofread by Yang Li