Xixuan Chuangzhi Completes RMB 500 Million Angel Round Financing

Recently, Xixuan Chuangzhi Technology Co., Ltd. completed a RMB 500 million angel round of financing. This round was co-led by GGV Capital and Matrix Partners China, with participation from Heli Capital, CDH Longxin Venture Capital, SAIC Hengxu Capital, Yaotu Capital, Zhengxuan Capital, Xin Capital, Advantage Capital, Boya Venture Capital, and others. Thank you to all investors for their trust and support. The funds from this round will be mainly used for the research and development of core chips and computing platforms, the construction of software toolchains, the expansion of the R&D team, as well as joint validation with robot manufacturers and industry customers and the advancement of mass production and delivery. Information shows that Xixuan Chuangzhi was jointly initiated by MetaX and UBTECH, focusing on embodied intelligence edge-side chips and computing platforms.