On March 2, Beijing Songyan Power Technology Group Co., Ltd. (“Songyan Power” hereinafter) announced the completion of its Series B financing round. Co-led by Chendao Capital, an industrial investment platform affiliated with CATL, the round saw participation from renowned institutions including Guoke Investment, Jingguosheng Fund, and Jiuhe Venture Capital, with total financing amount reaching nearly 1 billion yuan.
This round brings together core strengths from industrial capital, state-owned capital, and market-oriented venture capital institutions. It not only provides financial momentum for Songyan Power to deepen its presence in household consumer scenarios and accelerate technology industrialization, but also marks the official transition of the humanoid robot industry from technical verification to a closed-loop commercialization stage, setting an industry benchmark for the penetration of embodied intelligence into the mass consumer market.
To date, Songyan Power has completed 9 financing rounds in total, gaining continuous recognition and follow-on investment from both new and existing shareholders.
This reflects strong endorsement of Songyan Power’s cutting-edge technical strength, mature commercialization capabilities and industry-leading value, as well as high confidence in the future of the consumer humanoid robot market. With this financing, Songyan Power will further consolidate its industry position, take the lead in occupying the core of the consumer scenario track, and lead the industry into a new phase of inclusive development through its full-industry-chain layout and full-scenario ecological capabilities.
Led by CATL-Backed Chendao Capital
Jointly Building an Industrial Ecosystem
2026 is a pivotal year for the commercialization of humanoid robots. Capital market investment logic has shifted from purely focusing on technical concepts to a comprehensive evaluation of enterprises’ “technical moat + implementable commercial model + independent profitability”. Only high-quality enterprises with both hardcore technology and commercial monetization capabilities can become core targets for capital.
The strong completion of Songyan Power’s current financing round demonstrates capital’s confidence in its development. As a long-term industrial investment platform of CATL focused on clean energy and intelligent manufacturing, Chendao Capital highly recognizes the long-term trend of deep integration between clean energy and artificial intelligence.
Highly impressed by Songyan Power’s team execution, advanced technology stack layout, mature mass production system and clear commercialization path, Chendao Capital led the round with a significant investment. It not only provides strong financial support but also injects core resources for upstream and downstream industrial chain synergy based on its profound experience in clean energy and intelligent manufacturing, achieving deep integration of industrial resources and robotic technology.
Notably, Songyan Power already possesses independent mass production capabilities and full-industry-chain integration advantages, with its own dedicated mass production base.
This collaboration with Chendao Capital further combines industrial-side mass production experience and supply chain resources with the company’s technological and capacity advantages. With the triple strengths of “technology + capacity + industrial resources”, Songyan Power has become a key force driving the humanoid robot industry from technical verification to large-scale mass production and industrial implementation.
This means that as the industry competition shifts focus to industrialization capabilities, Songyan Power has already established strategic advantages in capacity supply, scenario implementation and ecological collaboration through its mature mass production capabilities, full-industry-chain integration and early layout in consumer scenarios, building solid core competitiveness for the inclusive development of the industry.
Dual-Track Technology Builds Core Barriers
Reshaping the Heights of Humanoid Robots
It is reported that Songyan Power’s management and technical teams are mainly composed of the post-95s generation. This group of young people with an average age of under 30 has endowed the company with rapid technological iteration and boldly adopted a dual-driven technology strategy: bipedal + biomimetic.
In October 2023, Songyan Power completed the development of its first humanoid robot from conceptual design to manufacturing in just 43 days. Such rapid iteration has since run through the entire R&D process of its technical team.
During the 2026 Chinese New Year Gala project, the team completed 21 rounds of dance motion training for “Xiaobumi” within one month, while proactively setting hardware constraints. This showcased Songyan Power’s ability to quickly adapt to scenario demands, as well as its technical strengths in lower-limb motion control and lightweight design.
Meanwhile, Songyan Power is the only enterprise in the industry that has established two major product lines: bipedal humanoid robots and biomimetic humanoid robots.
While most companies focus on bipedal humanoid robots, Songyan Power took the lead in laying out the biomimetic segment, driven by its forward-looking vision of the industry’s ultimate direction:“Humanoid robots will eventually feature strong interaction and emotional resonance. In the long-term development of the industry, biomimetic humanoid robots will undoubtedly be a critical part.”
Based on this forward-looking judgment, Songyan Power has achieved multiple industry-leading technological breakthroughs in bionics. Technological advances from its two product lines complement and reinforce each other, jointly forming the company’s “technical moat”.To date, Songyan Power holds more than 30 patents and has built a fully self-developed core technology system, laying a solid technical foundation for the large-scale application of humanoid robots.
Defining a New Era for Consumer Humanoid Robots
Mass Production and Scenario Closed-Loop
For humanoid robot enterprises, future market competition will intensify around three core dimensions:industrial chain integration, scenario implementation, and cost control.Investors’ continuous support for Songyan Power stems exactly from its comprehensive advantages in these three areas, as well as recognition and expectation for the company to lead the industry in exploring the consumer market.
Focused on industrialization, Songyan Power proactively integrates high-quality upstream and downstream resources and builds large-scale mass production bases to fully ensure product delivery, driving humanoid robots from technical concepts to market terminals and from samples to volume products.
At a time when most similar products are priced too high to reach the mass market, Songyan Power has broken through the industry dilemma with innovation. It launched the industry’s first 10,000-yuan level high-performance humanoid robot “Xiaobumi”, stimulating market vitality with high cost-performance and opening up volume growth in the consumer humanoid robot market.
More importantly, Songyan Power goes beyond product breakthroughs to deeply cultivate the ecosystem, with a long-term strategic layout of full-scenario applications. In the near future, the company plans to deploy robots in schools, science and technology museums and communities, allowing more consumers to directly experience the value of robots through scenario-based demonstration applications.
In Songyan Power’s view, a reasonable downward adjustment in product prices will activate massive livelihood scenarios such as households and education. Large-scale scenario implementation will in turn drive supply chain efficiency and continuous cost optimization, forming a virtuous closed loop of “scenario volume – capacity improvement – cost optimization”, ultimately unlocking both market demand and enterprise capacity.
This financing round not only provides financial support for Songyan Power to deepen its commercial ecosystem and build a full-industry-chain synergy mechanism, but also enables the company to continue investing in technological innovation and accelerate large-scale penetration into the consumer market.
Taking this opportunity, Songyan Power will, with firm industrial determination and market-oriented thinking, continuously break through technological boundaries, optimize product experience, improve commercial layout, and jointly build a new embodied intelligence ecosystem with ecological partners, leading the humanoid robot industry into a new stage of large-scale and inclusive development.
