DEEP Robotics Completes Over 500 Million RMB Series C Financing to Accelerate Breakthroughs in Core

Figure: The Complete Product Portfolio of DEEP Robotics

Hangzhou, December 9 – Hangzhou DEEP Robotics Technology Co., Ltd. (hereinafter referred to as "DEEP Robotics") announced the completion of its Series C financing round, raising over 500 million RMB. This round was jointly led by CMB International and ChinaAMC, with strategic participation from funds affiliated with China Telecom and China Unicom. Additional investments came from institutions including Yunhui Capital, China Fortune-Tech Capital, Zhejiang University Education Foundation, and Shoucheng Holdings. Existing shareholders such as Fortune Capital, Qianhai Ark, CCTV Media Convergence Fund, Beijing Robotics Industry Development Investment Fund, and Meridian Capital also continued their support.

This round of financing not only provides substantial capital for DEEP Robotics' R&D, production capacity expansion, and market development, but also establishes deep partnerships with investors possessing strong industrial resources. This collaboration builds a new ecosystem that synergistically develops "technology, industry, and application scenarios," which will strongly promote the commercialization and large-scale adoption of embodied intelligent robots across all sectors, realize the deep integration of industrial resources and technological innovation, and accelerate the transformation of technological achievements into practical productivity.

"We are grateful for the continued trust and support from both new and existing shareholders, and we especially thank our customers for their consistent choice and support. This has been a year of rapid growth for DEEP Robotics. We have achieved significant business expansion, launched the wheeled-legged hybrid quadruped robot LYNX M20 and the industry-grade humanoid robot DR02, established an embodied AI pilot production base, and completed our shareholding system reform. With the backing of several renowned investment institutions and strategic investors in this round, we are confident that, with our collective efforts, we will soon reach the next milestone," said Zhu Qiuguo, Founder and CEO of DEEP Robotics. Regarding the use of funds, he stated they will "continue to increase R&D investment, attract more outstanding talent, and further strengthen the development of both quadruped and humanoid robots. We will take this financing as an opportunity to advance embodied AI technology from 'isolated breakthroughs' towards 'system-level empowerment,' enabling robots to truly become intelligent assistants across all industries, contributing to the Chinese solution for the embodied AI industry."

Focus on Innovation: Continuously Building Technological and Product Advantages

DEEP Robotics focuses on embodied AI technological innovation and industry applications. It is a National High-Tech Enterprise specializing in the R&D, production, sales, and service of quadruped robots, humanoid robots, and core components. Committed to independent innovation, the company has established a comprehensive "perception-decision-action" full-chain technical system. Its core technologies, including multimodal environment perception, cross-scenario embodied navigation, and AI-driven sensory-motor fusion control, have been successfully deployed in numerous new application scenarios.

This year, DEEP Robotics has continued to achieve breakthroughs in both products and technology. In April, the company launched the groundbreaking LYNX M20 – the world's first wheeled-legged robot specifically designed for complex terrain and hazardous environments. It combines the speed of wheeled robots with the agility of legged robots, weighs only 33 kg and can be easily carried by a single person, features an IP66 protection rating, operates within a temperature range of -20°C to 55°C, can climb obstacles up to 80cm high, and supports autonomous perception, navigation, and omnidirectional obstacle avoidance. Powered by advanced AI motion control algorithms, the LYNX M20 robot dog can autonomously adjust its locomotion posture, confidently navigating extreme operational environments such as rugged mountain paths, muddy wetlands, and debris-filled obstacles, enabling operations across diverse terrains and expanding application boundaries.

In October, DEEP Robotics unveiled the DR02, the world’s first industry-grade, all-weather humanoid robot. Featuring an IP66 protection rating, the DR02 operates reliably in a wide temperature range from –20°C to 55°C, breaking through the traditional limitation that humanoid robots can function only in controlled environments. It achieves a walking speed of 1.5 m/s and a top speed of 4 m/s, easily climbs stairs up to 25 cm high, and adapts to various sloped terrains. With real-time perception and intelligent decision-making in complex environments, the DR02 delivers human-like operational capabilities for scenarios such as security patrols and factory operations.

Figure: The Industry-Grade All-Weather Humanoid Robot

Concurrently, the company officially launched the DeepVLA 1.0 Visual-Language Embodied Navigation System, realizing the practical application of embodied navigation in large-scale, comprehensive scenarios. DeepVLA 1.0 integrates open-vocabulary semantic point clouds with large language models, supporting precise path planning adjustments through natural language commands. Its topological road network connects outdoor environments with building interiors, enabling accurate "door-to-door" navigation across multiple floors. This provides crucial support for deploying robot dogs in civilian scenarios like campus inspections and building patrols, facilitating the genuine integration of robots into daily production and life.

Figure: The DeepVLA 1.0 Visual-Language Embodied Navigation System

Deepening Industry Focus: Continuously Expanding Application Scenarios

Guided by the vision of "Creating a Better Life with Robots and AI," DEEP Robotics has established a global market presence, with operations covering all 34 provincial-level regions in China and 44 countries and regions overseas. The company has successfully deployed its solutions in industry scenarios such as power inspection, emergency firefighting, security patrols, industrial operation & maintenance, education & research, and entertainment experiences, consistently leading the industry application of quadruped robots.

Over the past year, DEEP Robotics has continued to deepen its industry focus, further expanding the depth and breadth of its applications. In the power inspection sector, DEEP Robotics' smart power solutions utilizing quadruped robots have provided highly effective answers to traditional power O&M challenges. In nearly thirty substations under China Southern Power Grid, DEEP Robotics' robot dogs have become "super employees." By deeply integrating excellent environmental adaptability, mobility, and intelligent perception systems, they not only effectively cover areas difficult or hazardous for human inspectors but have also helped substations reduce operational and maintenance costs by approximately 70% and increase operational efficiency by over 50%.

In the security patrol sector, DEEP Robotics' robot dogs are empowering frontline policing with a new paradigm of intelligent patrols. At the Chengzhong Branch of the Xining Public Security Bureau in Qinghai Province, DEEP Robotics' security patrol solution, featuring autonomous operational capabilities that integrate loudspeaker functions, identification, data collection, and following, has significantly enhanced the efficiency and safety of patrol duties.

This year, DEEP Robotics has also actively expanded into new application scenarios, continuously driving the intelligent transformation of various industries. At the "World's Supermarket," Yiwu International Trade City, the X30 robot dog serves as a "mobile security outpost," undertaking three core responsibilities: patrolling key areas, identifying potential fire hazards, and providing early warning for abnormal activities. As the market's first "24/7 non-stop" technological security guard, it addresses the security challenges of a super-sized market, helping management achieve "complete awareness of global dynamics."

Figure: Robot Dog Performing Inspection Tasks at Yiwu International Trade City

In Hoh Xil at an altitude of 4,600 meters, a DEEP Robotics robot dog transformed into the “world’s first robotic Tibetan antelope,” integrating seamlessly into a herd and migrating alongside them. This breakthrough overcomes the conventional distance limitations of human wildlife observation, providing more precise and reliable imagery and data for studying Tibetan antelope behavior. It offers powerful support for conservation efforts in Hoh Xil, a region often referred as no man's land.

Figure: X30 Robot Dog Transformed into a “Robotic Tibetan Antelope”

Simultaneously, DEEP Robotics actively expanded into overseas markets this year, promoting the deployment of its technologies in more international scenarios. At a large storage park in North America, the company’s robot dogs were successfully deployed alongside HawkRobo’s intelligent security platform and put into practical operation. They achieved full-process automation—“perception–analysis–decision–action”—in warehouse environments, enhancing monitoring coverage and emergency response speed. While reducing the workload of manual patrols, the system also provides a stable, intelligent operational model for global warehouse security.

Figure: Robot Dog Performing Inspection Tasks at a Large Storage Park in North America

In the extreme beach environment of NEOM, Saudi Arabia’s futuristic megacity, the Jueying X30 robot dog established the country’s first fully automated outdoor inspection system. It completely replaced manual inspections in high-risk areas, transforming a previously four-hour human patrol into efficient, continuous unmanned operation. This sets a replicable and intelligent benchmark for inspections in extreme environments worldwide.

Figure: Robot Dog Conducting Outdoor Inspections in the Extreme Beach Environment of NEOM, Saudi Arabia

Moving forward, DEEP Robotics will continue to deepen its dual-driven strategy of “Independent Innovation + Industrial Collaboration,” advancing along two core paths. On one hand, the company will focus on breakthroughs in core technologies and the construction of production bases to solidify its development foundation. On the other hand, it will collaborate with industry chain partners to build an industrial ecosystem, creating more exemplary use cases across various sectors and promoting the deep integration of robotics technology with industrial needs.

Qi Xiaoxiao, Managing Director of CMB International, stated: "CMB International has long been deeply involved in the artificial intelligence and robotics sectors. Our decision to lead this investment in DEEP Robotics stems from our high recognition of the company's globally leading, robust technology, its mature and reliable products, and its solid scenario deployment capabilities. We particularly value the team's exceptional vision coupled with a pragmatic approach, and its commitment to 'doing the hard but right thing,' which aligns closely with CMB International's long-term philosophy of empowering hardcore technology and serving the national strategy of strengthening the country through science and technology. We look forward to working together to create new industrial value."

Zhang Hui, General Manager of China Equity Fund Management, commented: "This joint lead investment not only represents high recognition of DEEP Robotics' team capabilities and development potential but also signifies a deep, strategically aligned partnership with industrial resources. Leveraging our deep insights in the technology sector and our full-chain resources, China Equity Fund Management will act as a long-term partner to support and empower the growth of outstanding enterprises."