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

Deep Robotics Overview

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

ChinaHangzhou

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

Deep Robotics funding rounds
DateStageInvestorsRaisedDeal Summary
Dec 2025Undisclosed stageNational Artificial Intelligence Industry Investment Fund (lead); JD.com--
Dec 2025Series CChina 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$72MDeep 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 2025Undisclosed stageChina 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

Investors in Deep Robotics by funding rounds participated
InvestorHQRoundsRoleFirst check
Huaying CapitalChinaShanghai2ParticipantJul 2025
CCTV Media FundChinaBeijing2ParticipantJul 2025
Fortune Venture CapitalChinaShenzhen2LeadJul 2025
Vision Knight CapitalChinaShanghai1ParticipantDec 2025
China Asset ManagementHong KongHong Kong1LeadDec 2025
ZSCOChinaHangzhou1ParticipantJul 2025
Qianhai Ark CapitalChinaChina1ParticipantDec 2025
China Reform Fund ManagementChinaChina1LeadJul 2025
China TelecomChinaBeijing1ParticipantDec 2025
F&G VentureChinaShanghai1ParticipantJul 2025
China Fortune-Tech CapitalChinaShanghai1ParticipantDec 2025
JD.comChinaBeijing1ParticipantDec 2025
National Artificial Intelligence Industry Investment FundChinaShanghai1LeadDec 2025

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Deep Robotics Competitors

Deep Robotics competitors include listed companies like UBtech Robotics and Symbotic, and private ones like Apptronik, Sharpa, Sineva and Square Robot.

Public and private companies comparable to Deep Robotics
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
UBtech RoboticsChinaChinaPublicly listed$298M($108M)$5.1B9.5x
ApptronikUnited StatesAustin, TXPrivate--$5.3B-
SharpaSingaporeSingaporePrivate--$3.3B-
SinevaChinaHefeiPrivate--$1.8B-
Square RobotUnited StatesBoston, MAPrivate--$1.4B-
SymboticUnited StatesUnited StatesPublicly listed$2.2B($35M)$5.8B1.6x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Tesla$95B$10B15.0x13.8x140.8x97.4x
Siemens$91B$15B3.0x2.9x18.1x15.7x
Schneider Electric$46B$9.5B4.3x3.9x21.0x18.4x
ABB$33B$6.9B5.4x4.9x25.9x22.6x
Hitachi$68B$11B2.2x2.2x13.8x13.5x
Mitsubishi$122B$8.7B1.2x1.2x17.2x21.8x
Stryker$25B$6.3B4.7x4.5x18.8x15.6x
Delta Electronics (Thailand)$5.9B$1.1B15.0x11.4x80.8x64.9x

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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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