PsiBot, a Chinese startup focused on dexterous robot manipulation, has raised more than $100M in a round backed by a cluster of industrial investors.
New backers include Ningbo Tuopu Group, a fund backed by automaker Chery Holdings, Lens Technology, gaming firm 37 Interactive Entertainment, Wuhu Investment Holding Group and Fosun Fortune Capital. Existing shareholder Zhuhai Technology Industry Group also added capital.
The money will fund research on embodied world models, collection of human operation data and deployments in logistics and advanced manufacturing.
PsiBot is building a dual-system architecture that pairs its Psi-R2 operation policy model with the Psi-W0 action-conditioned world model, an approach meant to let robots both plan and execute physical tasks.
The round reflects China’s broader push into embodied AI, where startups are racing to move robots from research labs into factories and warehouses.
