# X Square Robot

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/x-square-robot

- Industry: Industrial Machinery
- Headquarters: Shenzhen, China
- Website: www.x2robot.com/
- Total disclosed funding: $573M
- Latest round: Series B (Jun 30, 2026)
- Investors on record: 22

## About

Based in Shenzhen, China and founded in 2023, X Square Robot Technology (Jinan) Co., Ltd., together with its wholly owned subsidiary X Square Robot Technology (Shenzhen) Co., Ltd., collectively trading as X Square Robot, develop robot platforms and related embodied intelligent models. Hao Wang, the CTO of the company, used to be the head of algorithm of the big model team of Fengshenbang.

In June 2026, X Square Robot raised a series C funding from Shenzhen Investment Holdings, Source Code Capital, IDG Capital, China International Capital Corporation, and other investors.

X Square Robot mainly engages in the research and development of universal robot platforms including humanoid robots, robotics hands and wheeled bimanual robots. The company's robot products are empowered by its self-developed Robot General Model Platform, which is a combination of Multimodal Large Model, Robot Control Large Model (Large Manipulation Model), and Robot Ontology. The model can be used to train robots to perform physical operations, such as cutting vegetables and brewing beverages. 

The company generates revenue from developing and providing robot platforms and embodied intelligence models.

## Funding rounds

- Series B, Jun 30, 2026 — HSG, Xiaomi Group, Shanghai Guosheng Capital Management, China Mobile Hechuang Capital
- Series C, Jun 30, 2026 — IDG Capital, China International Capital Corporation, Source Code Capital, Shenzhen Investment Holdings
- Series B, Apr 1, 2026, $289M — HSG, Xiaomi Group
- Series A, Jan 12, 2026, $143M — Wuxi Huading Venture Capital, Shenzhen Capital Real Estate Fund, HSG, Beijing Guorui Investment, ByteDance, Nanshan SEI Investment
- Series A, Sep 8, 2025, $140M — Legend Capital, China Development Bank Capital, CAS Investment Management, Alibaba Group, Legend Star, HSG, INCE Capital, Meituan
- Series A, May 12, 2025 — Long Z Investment, Meituan
- Angel, Mar 28, 2024 — Unity Ventures

## Investors

- Unity Ventures (https://capitalatlas.ai/funds/unity-ventures) — Angel
- Long Z Investment (https://capitalatlas.ai/funds/long-z-investment) — Series A
- Meituan — Series A
- Legend Capital — Series A
- China Development Bank Capital — Series A
- CAS Investment Management (https://capitalatlas.ai/funds/cas-investment-management) — Series A
- Alibaba Group — Series A
- Legend Star (https://capitalatlas.ai/funds/legend-star) — Series A
- HSG (https://capitalatlas.ai/funds/hsg) — Series A, Series B
- INCE Capital (https://capitalatlas.ai/funds/ince-capital) — Series A
- Wuxi Huading Venture Capital (https://capitalatlas.ai/funds/wuxi-huading-venture-capital) — Series A
- Shenzhen Capital Real Estate Fund (https://capitalatlas.ai/funds/shenzhen-capital-real-estate-fund) — Series A
- Beijing Guorui Investment — Series A
- ByteDance — Series A
- Nanshan SEI Investment (https://capitalatlas.ai/funds/nanshan-sei-investment) — Series A
- Xiaomi Group — Series B
- Shanghai Guosheng Capital Management (https://capitalatlas.ai/funds/shanghai-guosheng-capital-management) — Series B
- China Mobile Hechuang Capital (https://capitalatlas.ai/funds/china-mobile-hechuang-capital) — Series B
- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series C
- China International Capital Corporation (https://capitalatlas.ai/funds/china-international-capital-corporation) — Series C
- Source Code Capital (https://capitalatlas.ai/funds/source-code-capital) — Series C
- Shenzhen Investment Holdings — Series C