Galaxy General, a Body Intelligence Company, Announces Another $500 Million Strategic Round of Funding, Closing $1.2 Billion in Cumulative Financing

embodied intelligenceGalaxy General, a field company, announced on November 20 the completion of the RMB 500 million strategic roundFinancing.

Note: "Embodied intelligence" refers to the integration of artificial intelligence into therobotand other physical entities, giving them the ability to perceive, learn and interact dynamically with their environment.

In June, Galaxy General's first body-enabled large model robot, Galbot (G1), a wheeled, two-armed, body-folding humanoid robot, was publicly unveiled.

Compared to legged robots that can't bend at the waist or knees, Galbot combines two legs into a single folding leg with higher stability and efficiency, and a 360° omnidirectional wheeled chassis that allows the 1.73 meter tall Galbot to reach up to 2.4 meters and touch the ground to a certain extent, allowing for a larger workspace.

Galaxy General, a Body Intelligence Company, Announces Another $500 Million Strategic Round of Funding, Closing $1.2 Billion in Cumulative Financing

Founded a year and a half ago, Galaxy General has received investment from many parties, with a cumulative financing of more than 1.2 billion yuan, including (in no particular order):

  • Well-known venture capital fund:Matrix Partners, Bluechip Ventures, Source Capital, IDG Capital, Qiming Ventures, Lightsource Capital, etc.
  • Strategic and industrial investors:Meituan Investment, BAIC Industry Investment, SAIC Hengxu, Xunfei Fund, Shangtang Guoxiang Fund, Shougang Fund, China Merchants Bank International, CCB International, Rongyi Investment, Jinjing Capital, etc.
  • Fund for Scientific Research Institutions:Peking University, Peking University Yan Yuan Fund, Tsinghua SeeFund, Zhiyuan Research Institute Fund, Pengcheng Vision Fund, Zhiyou Scientist Fund
  • State-owned heavyweight investment platform:China Internet Investment Fund (CIIF), Hong Kong Investment Corporation (HKIC), Shenzhen Innovation Investment Group (SIIG), Shanghai Artificial Intelligence Industry Fund (AIIF), as well as several investment platforms in Beijing -- Beijing Artificial Intelligence Industry Fund (BAIIF), Robotics Industry Fund (RIF), Shunxi Fund (Shunxi), Beijing Guorui (BGR), and Haidian Zhongguancun Fund (HZF)

Galaxy General, a Body Intelligence Company, Announces Another $500 Million Strategic Round of Funding, Closing $1.2 Billion in Cumulative Financing

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