Xiaomi Ecosystem's First Industrial Bodily Intelligence Company Secures Series A Funding
date
Dec 10, 2024
damn
language
en
status
Published
type
News
image
https://www.ai-damn.com/1733855174216-202308091546512360_0.jpg
slug
xiaomi-ecosystem-s-first-industrial-bodily-intelligence-company-secures-series-a-funding-1733856805996
tags
Xiaomi
Robotics
Artificial Intelligence
Industrial Automation
Series A Funding
summary
Beijing Xiaoyu Intelligent Manufacturing Technology, the first industrial robotics company in the Xiaomi ecosystem, has successfully closed a Series A funding round, securing hundreds of millions of dollars. The company focuses on embodied intelligence in industrial robotics, with its technology aimed at controlling multiple robots across various scenarios using a single intelligent core.
Beijing Xiaoyu Intelligent Manufacturing Technology Co., Ltd., a robotics company specializing in embodied intelligence, has announced the completion of its Series A funding round, raising hundreds of millions of dollars. This marks a significant milestone for the company, which is the first large-model robotics firm within the Xiaomi ecosystem.
Company Overview and Background
Founded in 2023, Xiaoyu Intelligent Manufacturing was established by a core team of former Xiaomi executives. The company was founded by Qiao Zhongliang, an early member of Xiaomi who previously headed MIUI development, and Wang Wenlin, who led Xiaomi's software system platform department and the development of 'Xiaomi Brain'.
The company's primary focus is on creating a robotics platform for embodied intelligence within the industrial sector. Their technology aims to develop a system where a single intelligent core can manage multiple robots with different shapes, adapting to various industrial scenarios. This approach, referred to as 'one brain with multiple forms,' highlights the potential of robotics to perform a wide range of tasks through shared intelligence.
Series A Funding and Investment Partners
The recent Series A round was exclusively led by the Beijing Information Industry Development Investment Fund. This follows a successful angel round in which the company raised substantial funds from Xiaomi Group, Professor Wang Tianmiao, and the Beijing Zhiyuan Research Institute. With this new round of funding, Xiaoyu Intelligent Manufacturing has solidified its position as a key player in the robotics industry within the Xiaomi ecosystem.
Technological Innovation
Xiaoyu Intelligent Manufacturing is focused on advancing embodied intelligence in industrial robots. The company's platform aims to allow robots to work seamlessly together, controlled by a singular AI-driven core. This innovative approach to robotics promises to streamline industrial automation, making processes more efficient and adaptable. The company's ambition is to create a system where robots of different shapes and functionalities can be controlled with the same intelligence, dramatically expanding their potential applications in various industries.
mage Source Note: Image generated by AI, authorized by Midjourney.
Xiaoyu Intelligent Manufacturing's successful funding rounds, backed by key industry investors, demonstrate the growing interest in the development of embodied intelligence and robotics technologies. With its leadership and technological advancements, the company is poised to play a central role in shaping the future of industrial automation.
Key Points
- Xiaoyu Intelligent Manufacturing, a robotics firm in the Xiaomi ecosystem, raised hundreds of millions in its Series A round.
- The company focuses on embodied intelligence in industrial robotics, using a single core to control multiple robots.
- The Series A funding was led by the Beijing Information Industry Development Investment Fund, following previous backing from Xiaomi Group and other investors.
- The company's innovative approach aims to enhance the efficiency and adaptability of industrial automation.