Galbot raises $370M for embodied AI robots in industry

Galbot, a Chinese embodied AI robotics company, raised RMB 2.5 billion ($370 million) in 2026, with investors including the National AI Industry Investment Fund, Sinopec, and CITIC. Its valuation reportedly exceeds RMB 22 billion ($3.27 billion). The company's G1 robot combines a mobile platform with dual-arm manipulation for industrial tasks.
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