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- Spirit AI
Spirit AI Valuation, Funding & Investors
Spirit AI is valued at $1.5B as of February 2026.
Last Spirit AI valuation
$1.5B
Series A · Feb 2026
Last Spirit AI funding round
$146M
Series A · Apr 2026
Cumulative funding Spirit AI raised
$520M
across 3 funding rounds
Key investors in Spirit AI
Shunwei Capital
YF Capital
Fortune Venture Capital
JD.com
Dongfang Jiafu
Huatai Zijin Investment
Spirit AI Overview
About Spirit AI
Spirit AI is a robotics firm focused on humanoid robots for industrial and service applications. Its platforms enable motion control, perception, and task learning through reinforcement algorithms. Headquartered in Hangzhou, China, Spirit AI develops bipedal robots for warehouses and elderly care. Established in 2023, the company collaborates with manufacturers on prototypes exceeding 1.8 meters in height.
Founded
2024
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Valuation
$1.5B (Feb 2026)
Spirit AI Valuation
Spirit AI is currently valued at $1.5B, based on its Series A in February 2026.
The $291M round was led by Chaos Investment and YF Capital, with participation from Hangzhou Financial Investment, Huatai Zijin Investment, Dongfang Jiafu, Shunwei Capital, Bai Rui Capital and 5 other investors.
Spirit AI's valuation has grown 1.0x from $1.4B at its seed round in July 2025 to $1.5B in February 2026, across 2 priced rounds.
Spirit AI valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Feb 2026 | Series A | $1.5B |
| Jul 2025 | Seed | $1.4B |
Spirit AI Funding History
Spirit AI has raised a total of $520M across 3 funding rounds.
Spirit AI's first fundraising round was a $84M seed round in July 2025. The most recent completed round was a $146M Series A in April 2026.
Spirit AI funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Apr 2026 | Series A | Shunwei Capital (lead); YF Capital (lead); Turing Fund; Fortune Venture Capital; Xin Ding Capital; Glacier Capital; Galaxy Yuanhui Investment | $146M | - | - |
| Feb 2026 | Series A | Chaos Investment (lead); YF Capital (lead); Hangzhou Financial Investment; Huatai Zijin Investment; Dongfang Jiafu; Shunwei Capital; Bai Rui Capital; Fibonacci VC; Minghui Zhiyuan; Houxue Capital; Synstellation Capital; 360 Fund | $291M | $1.5B | Spirit AI, a Beijing-based robotics innovator founded in February 2024, develops embodied AI foundation models and general-purpose robotics intelligence stacks, including the open-source Spirit v1.5 vision-language-action (VLA) model for zero-shot task generalization in humanoid robots like Moz1. The company secured nearly $290 million (close to 2 billion yuan) across two back-to-back funding rounds announced on February 24, 2026, achieving a post-money valuation of $1.5 billion and unicorn status. Lead investors included Chaos Investment and YF Capital (Yunfeng Capital), with participation from 360 Capital (360 Fund), Synstellation Capital, Shunwei Capital, HongShan, Houxue Capital, TCL Capital, Hangzhou-linked state funds, and existing backers like Prosperity7 and Fortune Capital, building a full-spectrum industrial ecosystem. Proceeds will scale embodied AI models, expand real-world data pipelines targeting over one million hours of operational data by 2026 (already amassed 200,000+ hours using cost-efficient wearable sensors), and deepen partnerships with giants like CATL (deployments in battery assembly at Zhongzhou facility), JD.com (retail interactions), Huawei, Xiaomi, and TCL for deployment access and data. Early commercial traction includes production-line applications at CATL and retail at JD.com, with Spirit v1.5 topping the RoboChallenge leaderboard in January 2026. This funding aligns with surging investor interest in China's embodied intelligence sector, where at least six startups raised over $100 million in February 2026 alone, including LimX Dynamics ($200M Series B) and others. Spirit AI's focus on 'dirty data' from unstructured human interactions and VLA architectures positions it against global peers like Google DeepMind, addressing bottlenecks in adaptable robotic systems for industrial automation amid a market projected to reach hundreds of billions. |
| Jul 2025 | Seed | JD.com (lead) | $84M | $1.4B | Spirit AI, a Hangzhou/Beijing-based Chinese startup founded in February 2024, develops embodied intelligence foundation models and humanoid robots like Moz1, featuring a unified Vision-Language-Action (VLA) architecture for tasks integrating perception, reasoning, and action. The company open-sourced its Spirit v1.5 model in January 2026, which excels in zero-shot generalization for complex manipulations without scripted demonstrations, topping global leaderboards like RoboChallenge. In July 2025, Spirit AI completed a JD.com-led Pre-A+ round raising nearly 600 million yuan (about $83.6-87.2 million), participating with China Internet Investment Fund, to enhance VLA models and robotic hardware. This was one of two back-to-back rounds totaling nearly 2 billion yuan ($255-290 million) across sources, pushing post-money valuation above 10 billion yuan (approximately $1.4-1.5 billion), achieving unicorn status shortly after inception. Investors spanned VCs like HongShan, Yunfeng, Shunwei, Prosperity7, and industrials including CATL, TCL, Huawei, Xiaomi, JD.com. Deployments validate traction: Moz robots handle assembly at CATL's battery facilities and customer interactions/product demos in JD.com retail, leveraging JD Cloud and JoyInside LLM integrations. Plans use funds to scale models, real-world data pipelines targeting over 1 million hours by 2026, and deepen industrial partnerships amid China's embodied AI boom, where multiple startups raised over $100M in early 2026. |
Who has invested in Spirit AI?
18 investors have backed Spirit AI across its funding rounds, including Shunwei Capital, YF Capital, Fortune Venture Capital, JD.com, Dongfang Jiafu and Huatai Zijin Investment.
Lead investors include Shunwei Capital, YF Capital, Chaos Investment and JD.com.
Spirit AI Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Feb 2026 | ||
| 2 | Lead | Feb 2026 | ||
| 1 | Participant | Feb 2026 | ||
| 1 | Participant | Feb 2026 | ||
| 1 | Participant | Feb 2026 | ||
| 1 | Participant | Feb 2026 | ||
| 1 | Participant | Apr 2026 | ||
| 1 | Lead | Jul 2025 | ||
| 1 | Participant | Feb 2026 | ||
| 1 | Participant | Feb 2026 | ||
| 1 | Participant | Apr 2026 | ||
| 1 | Participant | Apr 2026 | ||
| 1 | Participant | Feb 2026 | ||
This data is available for Pro users. Sign up to see all 18 Spirit AI investors. Start Free Trial | ||||
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Start Free TrialSpirit AI Competitors
Spirit AI competitors include listed companies like UBtech Robotics and Cidi, and private ones like Science, Odyssey, Square Robot and Zhuoyu Technology.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $298M | ($108M) | $5.1B | 9.5x | ||
| Private | - | - | $1.5B | - | ||
| Private | - | - | $1.4B | - | ||
| Private | - | - | $1.4B | - | ||
| Private | - | - | $1.4B | - | ||
| Publicly listed | $132M | ($155M) | $1.3B | 5.0x |
Spirit AI Public Comps
Spirit AI is still privately-owned, but its public comps include ROKAE Robotics, Eacon Group, Cidi, Xtend AI Robotics, Braiin, AEVEX, Extreme Vision, SEER Robotics, Kodiak AI and Space42.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $78M | ($7M) | 20.7x | - | (221.3x) | - | |||
| $214M | ($33M) | 6.6x | - | (42.5x) | - | |||
| $132M | ($155M) | 8.8x | 5.0x | (7.5x) | (22.7x) | |||
| $20M | ($27M) | 64.2x | - | (47.5x) | - | |||
| $73M | ($15M) | 15.8x | 13.0x | (76.1x) | 89.6x | |||
| $433M | $30M | 5.2x | 3.5x | 74.9x | 25.6x | |||
| $44M | ($6M) | 22.8x | 11.6x | (163.7x) | - | |||
| $66M | ($6M) | 13.2x | - | (156.2x) | - | |||
This data is available for Pro users. Sign up to see all Spirit AI competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Spirit AI
| When was Spirit AI founded? | Spirit AI was founded in 2024. |
| Where is Spirit AI headquartered? | Spirit AI is headquartered in Hangzhou, China. |
| Is Spirit AI publicly listed? | No, Spirit AI is a private, VC-backed company. |
| What is Spirit AI's valuation? | Spirit AI was last valued at $1.5B in its Series A in February 2026. |
| How much funding has Spirit AI raised? | Spirit AI has raised $520M across 3 funding rounds. |
| What was Spirit AI's last funding round? | Spirit AI's last funding round was a $146M Series A in April 2026, led by Shunwei Capital and YF Capital. |
| Who are Spirit AI's investors? | Spirit AI's investors include YF Capital, Shunwei Capital, Hangzhou Financial Investment, Huatai Zijin Investment, Dongfang Jiafu, Bai Rui Capital, Turing Fund, JD.com, Fibonacci VC, Minghui Zhiyuan and 8 others. |
| Which companies are comparable to Spirit AI? | Companies comparable to Spirit AI include UBtech Robotics, Science, Odyssey, Square Robot, Zhuoyu Technology and Cidi. |
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