Beijing Shihe Technology Co., Ltd., known internationally as RobotPlusPlus, announced a Series C financing round as part of a global disclosure on September 16. Chinese coverage first reported the round on July 21, so the September disclosure is an international announcement rather than a new closing on that date, according to GlobeNewswire.
According to GlobeNewswire, the company described the transaction as worth hundreds of millions of yuan, or tens of millions of U.S. dollars. RobotPlusPlus says the funds will support scaling robots for work at height and advancing embodied AI for industrial work. The company identifies founder and CEO Dr. Hua-Yang Xu as its leader.
Investor lineup and attributions
The GlobeNewswire release names Qianggang Capital Fund as lead. It also lists GIG Capital Group, Sealand Innovation, Juntong Capital, and prior backer Fosun RZ Capital among the investors. These named participants reflect an investor set that includes at least one prior backer of RobotPlusPlus alongside additional firms that the announcement identifies as participants in the round. The disclosure does not provide a precise valuation or a currency conversion beyond the magnitude description stated by the company.
Chinese reporting identifies Zhongji Holding as a joint lead on the round, a detail attributed to domestic coverage of the transaction from 36Kr. Its international announcement identifies Qianggang Capital Fund as the lead and separately identifies GIG Capital Group, Sealand Innovation, Juntong Capital, and Fosun RZ Capital as part of the investor group. The company has not released a detailed allocation by investor, board composition changes, or other governance specifics associated with the Series C.
RobotPlusPlus framed the financing in its announcement as part of a broader effort to scale its systems and to pursue embodied AI advancements aligned with industrial use cases. The naming of an existing investor in the participant set indicates continuity of support in addition to new participation disclosed for the round. The release does not include information about closing tranches, secondary components, or other structural features that would further characterize the round.
Applications and use of proceeds as stated by the company
RobotPlusPlus develops robots for work at height. The company highlights applications that include ship-rust removal, tank cleaning, and offshore-wind inspection. In its description of the financing, RobotPlusPlus links the new capital to scaling these robots and advancing embodied AI for industrial work. The disclosure does not specify technical milestones, performance targets, deployment counts, or customer commitments associated with the funding.
The company’s focus areas define a portfolio of working-at-height systems that apply to maintenance and inspection scenarios. The announcement does not provide a breakdown of the investment by application, region, or product generation. It also does not outline delivery schedules, manufacturing volume plans, or service coverage expansions tied to the capital. As presented, the stated use of proceeds centers on scaling existing categories of robots and pursuing research and development in embodied AI for industrial tasks, as described by RobotPlusPlus.
Leadership information in the release identifies founder and CEO Dr. Hua-Yang Xu. The disclosure does not include further management changes, executive additions, or hiring targets associated with the new funding. No additional programmatic initiatives beyond scaling and embodied AI advancement are detailed in the public materials.
Timeline and disclosure scope
Chinese coverage first reported the Series C on July 21, and the September 16 item is positioned as an international announcement and disclosure of the financing rather than a new closing on that date. The two-step timeline distinguishes an earlier domestic report from the subsequent global communication. The company did not provide an alternate date for the transaction’s close in its international announcement, and it did not supply supplementary terms that would alter the magnitude characterization already stated.
The description of the round as totaling hundreds of millions of yuan, or tens of millions of U.S. dollars, sets the scope of the financing without a more granular figure. The international announcement identifies Qianggang Capital Fund as lead, then names GIG Capital Group, Sealand Innovation, Juntong Capital, and Fosun RZ Capital in its investor list. Chinese reporting adds Zhongji Holding as a joint lead, with that detail directly attributed to domestic coverage via 36Kr. The company’s public materials do not elaborate on the sequencing of communications beyond the presence of the September 16 global disclosure following the July report in Chinese media.
The current disclosure also sits within a broader funding backdrop that EastFrontier tracked in its report on China’s 416 unicorn companies, while its specialist focus contrasts with the factory automation described in EastFrontier’s report on humanoid-robot production in Guangdong.
In summary, RobotPlusPlus, also known as Beijing Shihe Technology Co., Ltd., announced a Series C as part of a September 16 global disclosure following an initial July 21 report in Chinese media. The company describes the round as totaling hundreds of millions of yuan, or tens of millions of U.S. dollars, and states that proceeds will support scaling robots for work at height and advancing embodied AI for industrial work.
The international release identifies Qianggang Capital Fund as lead and names GIG Capital Group, Sealand Innovation, Juntong Capital, and Fosun RZ Capital; Chinese coverage separately identifies Zhongji Holding as a joint lead. The company identifies founder and CEO Dr. Hua-Yang Xu in its materials. No additional figures, terms, or deployment specifics accompany the disclosure beyond these elements.