Seeds｜Zhipingfang Completes Nearly 5 Billion Yuan in New Financing
According to Automotive News, Shenzhen-based embodied intelligence company ZhiPingFang has recently completed a new round of financing. The funding amount for this round is nearly 5 billion yuan, and post-investment, ZhiPingFang’s valuation has surged to over 20 billion yuan, making it the first embodied intelligence enterprise in the Guangdong-Hong Kong-Macao Greater Bay Area to exceed a valuation of 20 billion yuan.
It is reported that the investor list for ZhiPingFang’s current round achieves full-chain capital coverage across “national teams – ministries – Greater Bay Area – insurance funds – securities firms – industrial investors – financial investors”:
On the national team side, this includes the National SME Development Fund, China Cultural Industry Fund, etc.;
On the regional capital side, the Guangdong Provincial Artificial Intelligence Fund, Shenzhen Capital Group, Nanshan Strategic Emerging Industry Investment, and the Guangdong-Hong Kong-Macao Greater Bay Area Series Funds have continued to increase their investments;
On the industrial capital side, multiple industry leaders such as China Biologic Products, Pharmaron, Kweichow Moutai Group, China Merchants Group Capital, Wuzhou Xinchun, Wanfeng Holdings, China Bester Group Telecom, and China Biologic Products (Charoen Pokphand Group) have participated in the investment;
Additionally, several insurance companies, as well as leading securities firm-affiliated capital and market-oriented financial investment institutions including CICC Capital, CSC Financial, Hongtai Capital, GSR United Capital, Bo Hua Capital, and Avic Capital, have also been deeply involved;
Existing shareholders such as Fortune Capital, Dunhong Asset, Daode Investment, Liangchuang Investment, Xichuang Investment, and Junli Capital have continued to add to their investments.
This is the second large-scale financing round completed by ZhiPingFang this year. Prior to this, the company completed a Series B financing round in February, with a scale exceeding 1 billion yuan.
Founded in April 2023, ZhiPingFang primarily focuses on the research, development, production, and service of productivity-oriented general-purpose intelligent robots. To this end, ZhiPingFang has adhered to the end-to-end large model technology paradigm since its inception, independently developing the first full-body embodied intelligence large model, Alpha Brain, and designing and developing the AlphaBot series of robots around Alpha Brain.
Previously, the AlphaBot series has achieved large-scale deployment in multiple fields, including: penetrating high-end scenarios such as the automotive, biotechnology, and semiconductor panel display (e.g., HKC) industries, performing tasks like sorting, transferring, and labeling; operating in complex open environments such as core transportation hubs in first-tier cities, providing public services to passengers; and in the new retail sector, the modular embodied intelligence service space “ZhiCube” launched by ZhiPingFang at the end of 2025 has been operating routinely in multiple locations including Beijing and Shenzhen. Over the next three years, ZhiPingFang plans to deploy 1,000 ZhiCubes, creating a new growth curve beyond industry.
It is worth noting that on the same day, Zibianliang was also reported to have completed four consecutive rounds of financing with an extremely impressive lineup, and the transactions have been definitively closed. Its post-investment valuation has also exceeded 20 billion yuan, making it another embodied intelligence enterprise in the Greater Bay Area to break the 20 billion yuan valuation mark.
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The “Seeds Discovery” column of Automotive News aims to create a service platform that connects startups, industrial chain ecosystem partners, investment institutions, and local governments, deeply empowering the upstream and downstream of the industrial chain. Since its launch, this column has been dedicated to discovering good companies, good technologies, and good business models that have significant inspiration and leadership for the industry amidst the wave of intelligent transformation, driving the growth of innovative forces in the automotive industry. According to Automotive News statistics, almost all startups reported by the “Seeds Discovery” column have successfully connected with industrial chain ecosystem resources.
