Micbot Closes Four Rounds in Two Months, Raising Hundreds of Millions of RMB in Series A Extension
Micbot has successfully completed a Series A funding round consisting of four consecutive rounds, raising a total of several hundred million RMB. The proceeds will be primarily used for continued in-depth R&D of core technologies, as well as the large-scale deployment and commercialization of specialized applications across China.
The latest Series A+++ round was co-led by Binzhou State-owned Investment Group, Weiqiao Group, and Befar Group, with participation from Heda Holdings and Delnor Capital. Notably, Binzhou State-owned Investment Group made follow-on investments in consecutive rounds. As a Fortune Global 500 company in the energy and aluminum industries, Weiqiao Group has a strong demand for anti-magnetic, anti-interference, and high-reliability specialized operation robots in its core businesses such as electrolytic aluminum, creating natural industrial synergies with Micbot’s robotics business. Befar Group, a leading enterprise in the chemical industry, operates production environments characterized by flammability, explosiveness, and high corrosiveness, providing rich real-world application scenarios for Micbot’s explosion-proof robots.
Looking back at the fundraising journey, Micbot has set an industry record by completing three financing rounds in just 30 days in the embodied AI sector, demonstrating market recognition and deployment speed that lead the industry. The company has built a three-in-one investment matrix composed of “listed industry leaders + state-owned industrial platforms + market-driven capital,” forming a sustainable development model of “in-house R&D + supply chain integration + closed-loop scenario deployment.”
January: The Series A round was completed with strategic investments from listed companies and professional investment institutions including Zhengqiang Co., Ltd., YL Technology, and Luxin Venture Capital Group. This round deeply integrated upstream core supply chains: collaborating with Zhengqiang Co., Ltd. on joint R&D of core hardware for robot joint modules, and with YL Technology on integrated electrical connection components, thereby unlocking the underlying hardware supply chain for embodied intelligence.
February: The A+ and A++ rounds were completed successively, with strategic investments from high-quality industrial capital and state-owned capital such as Jianyuan Tianhua and Binzhou State-owned Investment Group. Multi-tiered capital continued to place heavy bets on the company, integrating industrial resources from all parties to accelerate the large-scale commercial deployment of embodied AI technology and further consolidate the company’s industry-leading moat.
As a quadruped robot company focused on specialized industrial scenarios, Micbot concentrates on high-risk, harsh working environments. Its goal is to empower 20 million jobs that are unsuitable for humans within three years. The company differentiates itself by targeting extreme industrial environments requiring anti-magnetic, explosion-proof, waterproof, and freeze-proof capabilities.
Hardware: The company has innovated a “wide-body + short-leg” mechanical design, developed its own “JinQing” joint module, and is the industry’s first to adopt a cycloidal reducer combined with a flat-wire motor solution. It has also pioneered the implementation of an energy-recovery battery system, ensuring long endurance and high-load operation in extreme environments.
Algorithms: Juwei has achieved “sensing-control-actuation” integration. Its proprietary skeleton algorithm uses reinforcement learning to optimize whole-body performance, improving stability and continuous operation capability, making it suitable for harsh conditions such as strong magnetic fields, high temperatures, and high dust levels.
Team: The core team comes from top domestic and international universities such as Stanford University, Zhejiang University, and Zhejiang University of Science and Technology, covering practical talents in robot structural design, motion control, AI algorithms, and high-end manufacturing. The Chief Scientist, Li Qinchuan, is a veteran expert in quadruped robots receiving the State Council Special Allowance, and previously served as an Associate Editor for IEEE Transactions on Robotics.
The flagship product, the MOVENEW-P1-ExR, has obtained the Ex db eb IIB T4 Gb composite explosion-proof certification – the first such composite certificate in the embodied robotics industry. Additionally, Micbot is the first company in the industry to complete testing in a 1000 Gauss strong magnetic environment. The robot dog’s MTBF (Mean Time Between Failures) reaches 3,000 hours. To date, it has been deployed in nearly 1,000 specialized industrial scenarios.
Looking ahead, Micbot will continue to deepen its presence in the specialized industrial quadruped robot field, leveraging hardcore technology and reliable products to free humans from dangerous positions and support the safety and intelligent upgrading of industries.
