X Square Robot raises funding at $2.8 billion valuation

Investing.com -- X Square Robot, a Chinese embodied AI company, announced today it closed four consecutive financing rounds ending with a Series C. The funding brought the company's valuation above $2.8 billion (RMB 20 billion), making it among China's highest-valued embodied AI startups.

IDG participated in the Series C round, while HongShan and Xiaomi backed the company in multiple previous rounds. Earlier lead investments came from Meituan, Alibaba, ByteDance and Xiaomi. X Square Robot became the only embodied AI company in China to receive lead-round backing at different stages from four of the country's major technology companies.

"Since day one, X Square Robot has focused on in-house development of foundation models, pursuing a challenging but necessary path," said Wang Qian, founder and CEO of X Square Robot. "Today, our investments in embodied AI models, scalable, model-driven high-quality data pipeline system and real-world deployment are beginning to deliver clear results."

The company plans to use the funding to invest in core technologies and foundational research in embodied intelligence. Founded in 2023, X Square Robot develops end-to-end embodied AI systems that combine foundation models, robotics hardware and proprietary data pipeline system.

In April 2026, the company introduced WALL-B, an embodied AI foundation model built on its World Unified Model architecture. The company also open-sourced WALL-OSS-0.5 and WALL-WM. WALL-OSS-0.5 achieved over 80% autonomous completion on four of 17 real-robot tasks without post-training.

X Square Robot is deploying its model and hardware stack across household, industrial and logistics scenarios. The company partnered with 58.com to launch an AI-powered cleaning service in Shenzhen and Beijing, where robots work alongside human cleaners in residential environments. Since May, X Square Robot launched the "X Family Member Program," where robots live with users' families for up to one month as household companions.

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