China's Robotics Startups Act as VCs: 29 Firms Make 125 Investments

FinanceYF5 · x · 2026-08-11

A unique trend is emerging in China's embodied AI sector: robotics startups, still in early funding stages like Series A, are actively investing in other companies like VCs.

This creates an interconnected investment network (e.g., AgiBot → PsiBot → Mifeng Technology → KONVERY). Data shows that 29 embodied AI companies have already completed 125 external investment deals, with leading startup AgiBot alone backing 37 projects.

This pattern highlights the rapid pace of the sector in China. Rather than spending years building every capability in-house, companies are using capital to quickly lock down essential technologies, talent teams, and supply chain positions.

Related event: Embodied AI Startups Embrace VC Trend with 125 Deals(2 posts)→

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