Global Market Outlook: Enormous Potential by 2050
It is projected that by 2050, the global humanoid robot market will reach a scale of 5 trillion US dollars, with deployment volume hitting 1 billion units—equivalent to approximately one humanoid robot for every 10 people worldwide.
Year-End Financing Wave: Multiple Links Covered with Record-Breaking Deals
A review by the Intelligent Manufacturing Network reveals that since December 2025, at least four financing events have been publicly disclosed in China’s humanoid robot sector, covering multiple links from complete machine production to core component manufacturing. Among these, Yinhe General’s over 300 million US dollars financing round has set a new record for the largest single financing amount in the industry.
Leading Enterprise in General Robots: Yinhe General Secures Over $300M Financing
On December 19, it was learned from the official WeChat account of “Yinhe General Robotics” that Beijing Yinhe General Robotics Co., Ltd. (hereinafter referred to as Yinhe General) recently completed a new round of financing exceeding 300 million US dollars, setting a new high for single financing in the humanoid robot track. This round was led by China Mobile Chain Leader Fund, with participation from CICC Capital, Chinese Academy of Sciences Fund, Jiangsu Venture Capital Group, CCTV Media Convergence Fund, Tianqi Co., Ltd., as well as international capital from Singapore and the Middle East.
As an embodied multi-modal large model general-purpose robot enterprise, Yinhe General is committed to providing universal robot products for global users, and has taken the lead in wide application across commercial, industrial, medical and other scenarios. In the field of industrial manufacturing, the company has established in-depth cooperation with leading domestic and foreign enterprises such as CATL, Bosch Group, Toyota Motor Corporation, Hyundai Motor Company, BAIC Group, SAIC Motor Corporation Limited, Zeekr Intelligent Technology, and Great Wall Motor. It has achieved the world’s first real autonomous operation of humanoid robots in factories, with cumulative order volume reaching thousands of units.
Core Components & Complete Machine Makers: Intensive Financing Progress
On December 15, news emerged that Nanjing Inks Intelligent Technology Co., Ltd. (hereinafter referred to as Inks) announced the completion of a new round of financing of nearly 200 million RMB. The round was co-led by Huakong Fund and Shenzhen Capital Group, with participation from Puhua Capital, and existing shareholders Oasis Capital and Jinqiu Capital continued to increase their investment. Notably, this marks the third financing round completed by the company in 2025. Undoubtedly, this financing will inject strong momentum into the company’s further development and help it accelerate its pace in the intelligent technology track.
Inks is a high-tech enterprise focusing on the R&D and manufacturing of core technologies for robot power systems, dedicated to providing high-performance joint module solutions for the new generation of humanoid and embodied intelligent robots. Its product portfolio includes integrated joints, dexterous hands, communication modules and battery systems.
In terms of mass production, Inks’ joint module shipments exceeded 100,000 units in 2025, making it the first joint module enterprise in the industry to achieve annual shipments of 100,000 units in the field of embodied intelligence.
On December 8, Luming Robot Technology (Shenzhen) Co., Ltd. (hereinafter referred to as Luming Robotics) announced the completion of two rounds of financing, Pre-A1 and Pre-A2, totaling hundreds of millions of RMB. The Pre-A1 round was led by CDH Investments, with participation from Nanjing Venture Capital, Jinjing Capital and Jingu Co., Ltd., while the Pre-A2 round was invested by Shenergy Chengyi Investment. The funds raised in this round will be used for the company’s continuous investment in embodied intelligent data and hardware fields.
Positioned as a complete machine manufacturer with full-stack technical capabilities, Luming Robotics is committed to achieving rapid product iteration and commercialization through self-developed hardware and software. The company boasts a diversified product line, including the full-size bipedal humanoid robot LUS series, high-load dual-arm wheeled robot MOS series, and small-size service robot NIX series. Its technical highlights are prominent: the LUS2 humanoid robot has achieved the world’s first “1-second ejection and standing” with its self-developed ultra-high-speed dynamic balance system. In addition, the company has developed an embodied data technology named FastUMI, which significantly improves data collection efficiency.
On December 16, news reported that Wuhan Greno Intelligent Robot Co., Ltd. (hereinafter referred to as Greno) secured a tens of millions of RMB A+ round of financing. This round was led by Hubei Humanoid Robot Industry Investment Fund Partnership (Limited Partnership) managed by Changjiang Capital, with participation from Optics Valley Industrial Investment.
Greno is a high-tech enterprise engaged in R&D and manufacturing of complete robot machines, and is committed to building a full-size intelligent robot product matrix, including 1.3m, 1.7m and 1.8m bipedal robots, quadruped robots, humanoid wheeled robots, etc., to meet the application needs of different industries and scenarios.
Industry Evolution: Entering a New Phase of Comprehensive Competition
The financing wave at the end of 2025 clearly indicates that China’s humanoid robot industry has moved beyond the concept speculation stage and entered a new phase led by leading enterprises, empowered by industrial capital, characterized by differentiated technical routes, and driven by commercial effectiveness. The competition in the industry is shifting from a single focus on technical indicator comparisons to a comprehensive contest of technology, products, costs, supply chains and scenario implementation capabilities.
