Every funding round, launch and paper, as it's reported.
Hong Kong-listed cobot maker Dobot grew 2025 revenue 31.7% to RMB492.2 million, with embodied AI robots rising to RMB20.0 million from RMB3.9 million. Its net loss narrowed to RMB84.0 million, but the adjusted loss widened to RMB49.6 million as 39.3% of research spending went to embodied AI.
Hong Kong-listed warehouse robot maker Geek+ reported 2025 revenue of RMB3.17 billion, up 31.6%, and its first full-year adjusted net profit of RMB43.8 million, while its IFRS loss narrowed to RMB10.4 million. The United States became its largest single market and new orders rose 31.7% to RMB4.14 billion as the company pushes a warehouse foundation model and a wheeled humanoid toward production.
Shanghai-based AgiBot said on 30 March 2026 that its 10,000th humanoid robot had come off the production line, 112 days after it announced its 5,000th. The company said the step from 5,000 to 10,000 units ran four times faster than earlier phases, but its own December breakdown shows that only about a third of its fleet is full-size.
Chinese collaborative robot maker Guangdong Huayan Robotics began trading in Hong Kong under code 1021 on 30 March 2026 after pricing its H shares at HK$17.00 and raising HK$1,579.34 million gross. The retail tranche was subscribed 5,059.38 times, while preliminary 2025 results showed revenue up 24.6% to RMB386.9 million and a net loss of about RMB29.9 million.
Shanghai MicroPort MedBot said revenue rose 114.2% to RMB551.1 million in 2025, with overseas sales of RMB400.2 million accounting for 73% of the total. The Hong Kong-listed surgical robot maker cut its net loss by 60.7% to RMB254.1 million as cumulative orders for its Toumai laparoscopic robot reached about 220 units.
Hong Kong-listed RoboSense earned RMB103.7 million in the fourth quarter of 2025, its first profitable quarter, as robotics revenue more than tripled over the year to RMB709.8 million. Robot lidar shipments rose to about 303,000 units from 24,400, outpacing rival Hesai's 239,273, while revenue from car sensors fell 17.2%.
The Shanghai Stock Exchange accepted Unitree Robotics' application to list on the STAR Market on March 20, 2026, with the Hangzhou company seeking RMB4.202 billion. Its prospectus shows reviewed 2025 revenue of RMB1,708.21 million, up 335.36%, and more than 5,500 humanoids shipped in 2025, with humanoids overtaking quadrupeds as its largest product line.
China's legislature approved the 2026 to 2030 development outline on March 12, naming embodied AI a future industry and calling for national training grounds, integrated brain-and-cerebellum robot models and faster humanoid deployment. Official data show industrial robot output rose 28.0% to 773,074 sets in 2025 and 33.2% in the first quarter of 2026.
Nanjing industrial robot maker Estun Automation began trading in Hong Kong on 9 March 2026 after pricing 96.78 million H shares at HK$15.36, raising HK$1.49 billion gross, with half of the net proceeds reserved for overseas plants, alliances and acquisitions. Its first annual results as a dual-listed company showed 2025 revenue up 21.93% and a small profit after a RMB810.93 million loss, while stabilisation buying down to HK$11.69 showed weak aftermarket demand.
Tsinghua spin-out Robot Era closed a CNY1 billion strategic round two months after its previous financing, with Samsung, Singtel and a Woori Financial Group investment arm among new backers. The Beijing humanoid maker reports more than CNY500 million in cumulative orders, half from overseas, and sold close to 1,000 dexterous hands in 2025.
Beijing humanoid robot maker Galbot announced on 2 March 2026 that it had closed a RMB 2.5 billion round, which Haidian district officials called the largest single financing in China's embodied AI sector. The state Big Fund invested in embodied AI for the first time through the National Artificial Intelligence Industry Investment Fund, alongside Sinopec, CITIC and SAIC's finance arm, and the Zhongguancun Science City administration put Galbot's valuation at RMB 20 billion.
A standards committee set up under China's Ministry of Industry and Information Technology released the Humanoid Robot and Embodied Intelligence Standard System (2026 Edition) in Beijing on 28 February 2026. The six-part framework runs from AI "brains" and computing to joints, complete robots, applications and safety, and came with a first list of priority standard projects drafted with more than 70 leading companies.
China's National Bureau of Statistics confirmed on 28 February 2026 that industrial robot output rose 28.0% on a comparable basis to 773,074 sets in 2025, and service robot output climbed 16.1% to 18,581,081 sets. Data for January and February 2026 showed industrial robots accelerating to 31.1% growth while service robots grew only 1.0%.
Shenzhen-based LimX Dynamics said on 2 February 2026 it had closed a US$200 million Series B with investors including Stone Venture, JD, Oriental Fortune Capital, CoStone Capital and SAIC-backed Shangqi Capital. The round came three weeks after the launch of LimX COSA, the agentic operating system that runs its full-size humanoid Oli, and the company added a second US$200 million pre-IPO round 162 days later.
Shenzhen Edge Medical raised HK$1,198.7 million in a Hong Kong IPO priced at HK$43.24 a share and began trading on 8 January 2026, with the retail tranche 1,091.94 times subscribed. Its first annual results showed revenue up 184.8% to RMB455.7 million and 50 of 72 robots delivered in 2025 going overseas.
OneRobotics, the Shenzhen company behind the SwitchBot smart home robots, began trading in Hong Kong on December 30, 2025 after pricing its H shares at HK$73.80 and raising gross proceeds of HK$1,640.01 million. The retail tranche was 254.50 times subscribed. The company sells most of its products in Japan and turned profitable only in the first half of 2025.
The National Development and Reform Commission said on November 27, 2025 that China now has more than 150 humanoid robot companies, over half of them start-ups or entrants from other industries, and that it must guard against near-identical products flooding the market. The agency said it will build industry standards plus entry and exit rules for embodied AI, even as listed and private robot makers raised billions in the same weeks.
UBTech Robotics agreed on 25 November 2025 to place 31.468 million new H shares at HK$98.80, raising about HK$3.11 billion, and earmarked 75% of the net proceeds for investing in or acquiring upstream and downstream companies. Eight days earlier the Shenzhen company said its Walker S2 industrial humanoid had entered mass production and delivery, with orders since the start of 2025 above RMB800 million.
XPeng used its 2025 AI Day in Guangzhou on 5 November to show a redesigned IRON humanoid with 82 degrees of freedom, 22-degree-of-freedom hands, three in-house Turing AI chips and an all-solid-state battery. The carmaker said it aims for large-scale mass production by the end of 2026, starting with guide and retail roles, and named Baosteel as an industrial partner.
AgiBot's acquisition vehicle Shanghai Zhiyuan Hengyue and a concert party now hold 63.6232% of Swancor Advanced Materials after holders tendered 135,663,336 shares at RMB7.78 in a partial offer that closed on 28 October 2025, Swancor disclosed on 30 October. With share transfers registered in September, the stake cost about RMB2.0 billion, and the filings say the buyer has no explicit plan to change Swancor's business within 12 months.