Robot chipmaker Huixi closes Series B led by Beijing AI fund

Chinese robotics chip developer Huixi Technology has completed Pre-Series B-plus and Series B financing. The round was led by the Beijing Artificial Intelligence Industry Investment Fund, with the Beijing Robotics Industry Development Investment Fund, Hidden Hill Capital, Shunwei Capital and Cathay Capital also participating. Total equity financing this year has exceeded RMB 2.5 billion.

• Round led by Beijing Artificial Intelligence Industry Investment Fund
• Proceeds to fund next-gen chips for embodied AI and deliveries
• R1 SoC and Huixi platform already used in AgiBot Genie G2 robots
• Equity financing this year topped RMB 2.5 billion