Recently, Micbot successfully closed a new round of financing, which was exclusively invested by Binzhou State-owned Capital Investment & Operation Co., Ltd. The funds raised will be mainly allocated to deepen scenario deployment, consolidate core R&D capabilities, and expand production capacity reserves. Upon the completion of this round, the company’s cumulative financing amount has exceeded RMB 100 million, with investors covering industrial capital, sector-specific capital and state-owned capital. Micbot has thus emerged as a front-runner in the quadruped robot financing spree that kicked off this year.
Since its establishment, Micbot has accurately positioned itself in the high-entry-barrier niche of special industrial quadruped robots, steering clear of the homogeneous competition in the consumer-grade market. It focuses on the four extreme application scenarios featuring magnetism resistance, explosion proof, water proof and freeze proof. Its core product, MOVENEW P1, leads the industry in key performance metrics: it boasts an ultimate load capacity of 400kg, an ultra-long battery life of 12 hours, and can operate stably in a wide temperature range from -40℃ to 85℃ as well as in a strong magnetic field of 1000Gs. The product is expected to obtain explosion-proof certification in March this year.
By virtue of in-depth industry-university-research cooperation with top-tier universities including Zhejiang University and Zhejiang Sci-Tech University, Micbot adheres to independent R&D of core technologies across the entire stack. It has built a mature and replicable commercialization system, which has been fully validated by the market. In 2025 alone, the company secured orders worth RMB 110 million, and its current order backlog exceeds RMB 500 million. Its products have been widely deployed in nearly 1,000 high-risk industrial scenarios covering public security, emergency rescue, petrochemicals, firefighting and coal mining sectors.
This investment is not a regular financial investment, but a key strategic move by Binzhou State-owned Capital Investment & Operation Co., Ltd. to deploy its capital in emerging strategic industries. Currently, Binzhou in Shandong Province is accelerating the construction of a world-leading manufacturing base for aluminum lightweight materials, forming several hundred-billion-yuan scale advantageous industrial clusters such as high-end aluminum processing and fine chemicals. These clusters provide abundant application scenarios for special industrial embodied intelligence. Going forward, the two parties will carry out in-depth and pragmatic cooperation in industrial inspection fields including aluminum manufacturing and petrochemicals, driving industrial upgrading through scenario-based applications.
Looking ahead, Micbot will leverage the state-owned capital advantages and industrial resources of Binzhou State-owned Capital Investment & Operation Co., Ltd. to further consolidate its leading position in the niche market. It will accelerate the large-scale replacement of traditional operations by quadruped robots in high-risk industrial scenarios, and contribute to the high-quality development of Binzhou’s embodied intelligence industry.
