In the first two months of the year, nearly 2 billion yuan (US$276 million) in new funding went to humanoid robot developers across 20 deals, up from 1.2 billion yuan generated from 4 transactions a year earlier, according to data from ITJuzi, which tracks China’s venture-capital market.
China is also home to 45 per cent of the world’s integrators, which are firms that customise robots to match end-user needs, according to the report.
At least three Chinese robotics start-ups on Thursday announced new financing, including LimX Dynamics, AI2Robotics and Eyoubot.
