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- Deep Robotics
Deep Robotics Funding, Investors & Competitors
Deep Robotics has raised $141M across 3 funding rounds, most recently a undisclosed-stage round in December 2025.
Last Deep Robotics funding round
Undisclosed stage
Amount undisclosed · Dec 2025
Cumulative funding Deep Robotics raised
$141M
across 3 funding rounds
Key investors in Deep Robotics
Fortune Venture Capital
Huaying Capital
CCTV Media Fund
Qianhai Fund of Funds
CMB International Capital Corporation
JD.com
F&G Venture
China Fortune-Tech Capital
About Deep Robotics
Deep Robotics is a Hangzhou-headquartered company manufacturing embodied-AI robots including quadrupedal models like X20 and X30 for industrial inspections in harsh environments, Lite 3 series for research tasks, Lynx wheeled-legged units for varied terrain, and DR01 humanoid for AI training. These platforms feature all-weather operation, obstacle traversal, modular designs, and quick-swap power systems for utility, rescue, pipeline, and research uses.
Founded
2017
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Deep Robotics Funding History
Deep Robotics has raised a total of $141M across 3 funding rounds.
Deep Robotics' first fundraising round was a $70M undisclosed-stage round in July 2025. The most recent completed round was a undisclosed-stage round in December 2025.
Deep Robotics funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Dec 2025 | Undisclosed stage | National Artificial Intelligence Industry Investment Fund (lead); JD.com | - | - |
| Dec 2025 | Series C | China Asset Management (lead); CMB International Capital Corporation (lead); Vision Knight Capital; Huaying Capital; Qianhai Ark Capital; China Telecom; China Fortune-Tech Capital; CCTV Media Fund; Fortune Venture Capital; Zhejiang University Education Foundation; Shoucheng Holdings; V Fund Management | $72M | Deep Robotics, a Hangzhou-based company founded in 2017 by Zhu Qiuguo, develops embodied AI robots including quadruped robot dogs like the LYNX M20 wheel-legged model for complex terrains and the DR02 all-weather industry-grade humanoid, targeting applications in power-grid inspection, industrial maintenance, security patrols, emergency response, and hazardous environments. The company integrates mobility, perception, and intelligent systems, helping substations reduce costs by 70% and boost efficiency over 50%, with deployments across 34 Chinese provinces and 44 overseas markets. In December 2025, Deep Robotics completed its Series C funding round, raising over CNY 500 million (USD 70-71 million), co-led by CMB International (China Merchants Bank International) and China Asset Management, with participation from China Telecom and China Unicom funds, China Fortune-Tech Capital, Zhejiang University Education Foundation, Shoucheng Capital (or Holdings), Yunhui Capital (or Huaying Capital), and existing shareholders. Funds will support R&D, production expansion, talent recruitment, market development, and advancing embodied AI from isolated breakthroughs to system-level empowerment. The financing underscores investor interest in China's robotics sector, positioning Deep Robotics as one of the 'Six Little Dragons' in Hangzhou alongside Unitree and DeepSeek. Founder Zhu Qiuguo emphasized partnerships for commercialization and large-scale adoption across industries. The company plans a mainland A-share IPO, having signed with CITIC Securities on December 8, 2025, and filed regulatory paperwork on December 10, aiming to complete preparations by mid-2026, following peers like Unitree. |
| Jul 2025 | Undisclosed stage | China Reform Fund Management (lead); Fortune Venture Capital (lead); Huaying Capital; ZSCO; F&G Venture; CCTV Media Fund; Beijing Robot Industry Fund; Wuchan Zhongda Group Co; Peakvest; Qianhai Fund of Funds | $70M | - |
Who has invested in Deep Robotics?
21 investors have backed Deep Robotics across its funding rounds, including Fortune Venture Capital, Huaying Capital, CCTV Media Fund, Qianhai Fund of Funds, CMB International Capital Corporation and JD.com.
Lead investors include National Artificial Intelligence Industry Investment Fund, China Asset Management, CMB International Capital Corporation, China Reform Fund Management and Fortune Venture Capital.
Deep Robotics Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Participant | Jul 2025 | ||
| 2 | Participant | Jul 2025 | ||
| 2 | Lead | Jul 2025 | ||
| 1 | Participant | Dec 2025 | ||
| 1 | Lead | Dec 2025 | ||
| 1 | Participant | Jul 2025 | ||
| 1 | Participant | Dec 2025 | ||
| 1 | Lead | Jul 2025 | ||
| 1 | Participant | Dec 2025 | ||
| 1 | Participant | Jul 2025 | ||
| 1 | Participant | Dec 2025 | ||
| 1 | Participant | Dec 2025 | ||
| 1 | Lead | Dec 2025 | ||
This data is available for Pro users. Sign up to see all 21 Deep Robotics investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialDeep Robotics Competitors
Deep Robotics competitors include listed companies like UBtech Robotics and Symbotic, and private ones like Apptronik, Sharpa, Sineva and Square Robot.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $298M | ($108M) | $5.1B | 9.5x | ||
| Private | - | - | $5.3B | - | ||
| Private | - | - | $3.3B | - | ||
| Private | - | - | $1.8B | - | ||
| Private | - | - | $1.4B | - | ||
| Publicly listed | $2.2B | ($35M) | $5.8B | 1.6x |
Deep Robotics Public Comps
Deep Robotics is still privately-owned, but its public comps include Tesla, Siemens, Schneider Electric, ABB, Hitachi, Mitsubishi, Stryker, Delta Electronics (Thailand), Johnson Controls and Emerson Electric.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $95B | $10B | 15.0x | 13.8x | 140.8x | 97.4x | |||
| $91B | $15B | 3.0x | 2.9x | 18.1x | 15.7x | |||
| $46B | $9.5B | 4.3x | 3.9x | 21.0x | 18.4x | |||
| $33B | $6.9B | 5.4x | 4.9x | 25.9x | 22.6x | |||
| $68B | $11B | 2.2x | 2.2x | 13.8x | 13.5x | |||
| $122B | $8.7B | 1.2x | 1.2x | 17.2x | 21.8x | |||
| $25B | $6.3B | 4.7x | 4.5x | 18.8x | 15.6x | |||
| $5.9B | $1.1B | 15.0x | 11.4x | 80.8x | 64.9x | |||
This data is available for Pro users. Sign up to see all Deep Robotics competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Deep Robotics
| When was Deep Robotics founded? | Deep Robotics was founded in 2017. |
| Where is Deep Robotics headquartered? | Deep Robotics is headquartered in Hangzhou, China. |
| Is Deep Robotics publicly listed? | No, Deep Robotics is a private, VC-backed company. |
| How much funding has Deep Robotics raised? | Deep Robotics has raised $141M across 3 funding rounds. |
| What was Deep Robotics' last funding round? | Deep Robotics' last funding round was a undisclosed-stage round in December 2025, led by National Artificial Intelligence Industry Investment Fund. |
| Who are Deep Robotics' investors? | Deep Robotics' investors include Huaying Capital, CCTV Media Fund, Fortune Venture Capital, Vision Knight Capital, China Asset Management, ZSCO, Qianhai Ark Capital, China Reform Fund Management, China Telecom, F&G Venture and 11 others. |
| Which companies are comparable to Deep Robotics? | Companies comparable to Deep Robotics include UBtech Robotics, Apptronik, Sharpa, Sineva, Square Robot and Symbotic. |
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