Galbot raises RMB 1.1 billion funding round led by CATL-backed investors

Date: 2025-06-23 · Type: funding · Company: Galbot

Galbot secured RMB 1.1 billion (approximately $153 million) in its latest funding round, co-led by CATL and Puquan Capital. The company formed a joint venture with Boyuan Capital, the investment arm of Bosch Group, to advance the development of general-purpose humanoid robots powered by embodied AI. Galbot's G1 robot is designed for applications in retail, automotive, and industrial sectors, capable of managing inventory, restocking shelves, and handling packaging tasks autonomously.

Galbot completed a RMB 1.1 billion financing round to support commercialization of its embodied AI robots and industrial deployment.
The round was led by CATL's investment arm, with participation from the growth investment arm of China Development Bank, Beijing Robotics Industry Fund, and Granite Asia.
Coverage said the financing pushed Galbot's valuation above $1 billion, making the company a unicorn.

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