Big news in the robotics industry! Didi, Meituan, Longzhu, and others are making moves!

【Introduction】Horizon’s GuaGua Robot raises $120 million in Series B1 funding, with investments from Didi, Meituan Longzhu, and others

China Fund Reporter Li Zhi

The robotics industry is once again making waves! Industry capital and top investment institutions are collectively betting on robotics infrastructure.

GuaGua Robot completes $120 million Series B1 funding

On March 16, Horizon Robotics’ GuaGua Robot announced the recent completion of $120 million in Series B1 funding.

This round of financing gathered top industry investment institutions, with Synstellation Capital, Didi, Meituan Longzhu, and other leading industry investors joining in. Strategic investors such as Borui Capital, Jiuyang Home, Yongning Gaoxin, BAIC Industry Investment, Jiukun Venture Capital, Xinlian Capital, Yary Capital also participated, along with frontline financial investors like Jinqiu Fund, Xingrui Capital, Chuxin Capital, Gengxin Capital, and Yunbai Capital co-investing.

At the same time, major shareholders including Hillhouse Capital, Vertex Growth Fund under Temasek Singapore, Linear Capital, Hexuan Capital, Huangpu River Capital, Wuyuan Capital, and Meihua Venture Capital all participated with oversubscriptions.

GuaGua Robot stated that this financing brings together industry giants, core strategic investors, and top-tier institutions, fully supporting the company’s full-stack hardware and software technology R&D and product iteration. It aims to solidify the foundation of soft-hard synergy and edge-cloud integration for embodied intelligence, driving the industry toward a new cycle of scale and inclusive development through systematic infrastructure.

Notably, GuaGua Robot has a strong investor background, with multiple previous funding rounds favored by top domestic and international investment institutions.

In May 2025, GuaGua Robot completed $100 million in Series A funding. This round was jointly invested by Hillhouse Capital, Wuyuan Capital, Linear Capital, Hexuan Capital, Jiuhé Venture Capital, Vertex Growth, Lisi Capital, Dunhong Assets, Feidian Capital, Meihua Venture Capital, and Huangpu River Capital, injecting strong momentum into building an embodied intelligence ecosystem.

In December 2025, GuaGua Robot again secured several hundred million dollars in Series B funding. Multiple US dollar funds and strategic investors participated, with existing shareholders also increasing their support, reflecting high recognition from the capital market of GuaGua Robot’s strategic positioning and growth potential. Prosperity7, a diversified growth fund under Saudi Aramco Ventures, participated in this round.

Accelerating the development of embodied intelligence native technology foundation

Public information shows that GuaGua Robot is a provider of fundamental infrastructure focused on the evolution of robot intelligence. By offering high-performance computing chips and full-chain development platforms integrating hardware-software synergy and edge-cloud integration, it comprehensively supports robot development and large-scale deployment, bringing smarter and better experiences to people.

Centered on the Xuri® intelligent computing chip and RDK® robot developer kit, GuaGua Robot provides multi-level intelligent computing platforms ranging from 5 to 128 TOPs, covering scenarios such as humanoid robots, wheeled and legged robots, robotic dogs, service companion robots, logistics AMRs, vacuum robots, and lawnmowers.

Over the past year, GuaGua Robot has deepened cooperation with leading industry clients, continuously creating multiple industry benchmark products in core scenarios like vacuum cleaners, drones, robotic dogs, and desktop companions: helping Yunqiang Xiaoyao 002 pioneer the era of AI dual-vision perception in vacuum cleaners; assisting Ying Shi Insta360 in developing the world’s first panoramic drone Yingling Antigravity A1, reshaping flying intelligence; supporting Vitar Power in launching intelligent companion robotic dogs, redefining home smart partners. With full-chain development infrastructure, GuaGua Robot continues to drive generational leaps in robot product intelligence.

Relying on Horizon’s proven BPU intelligent computing architecture with millions of units in mass production and industry-leading Foundation Model capabilities, GuaGua Robot focuses on building chips, algorithms, and software systems optimized for robot scene requirements, designed natively and deeply optimized. By creating a “embodied intelligence native” technology foundation through hardware-software synergy and edge-cloud integration, it offers a new computing paradigm and a full-chain development platform covering from simulation validation to physical deployment, continuously lowering industry development barriers and accelerating the evolution and large-scale deployment of robot intelligence.