Simplexity Robotics Secures USD289.3 Million for AI Robotics Development
Simplexity Robotics has raised CNY2 billion (USD289.3 million) in under six months to advance its embodied AI technologies. Investors include Tencent, Alibaba, and others. The company's valuation exceeds USD1 billion after this funding round. Founded by former Li Auto executives, Simplexity is focused on training models and developing robots and algorithms. Its LaST₀ model enhances robotic responsiveness in dynamic environments. The company is progressing through various application scenarios, with initial robot production and testing underway in major Chinese cities.
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Simplexity Robotics has raised CNY2 billion (USD289.3 million) in less than six months to enhance its embodied intelligence technologies. Investors include Tencent Holdings, Alibaba Group, and others, leading to a valuation exceeding USD1 billion.
Founded in July 2022 by Jia Peng, Wang Kai, and Wang Jiajia, all from Li Auto, the company integrates advanced AI models to improve robotic capabilities. Its LaST₀ model addresses rapid response in dynamic environments. Simplexity Robotics is moving from closed to open application scenarios, with initial robot production and proof-of-concept testing in Beijing, Shanghai, and Suzhou.
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