Event

MagicLab completes RMB 150M angel round to accelerate humanoid mass production

Dec 25, 2024 · Funding · MagicLab · Humanoid

  • MagicLab announced completion of a RMB 150M angel round led by Zhuichuang Venture Capital, with Yipu Fund participating.
  • The company said the funds would support embodied-AI core technology R&D, humanoid robot development, mass-production ramp, and expansion into industrial and commercial scenarios.
  • MagicLab also said it planned to formally launch its next-generation MagicBot humanoid in Q1 2025 and begin mass-production delivery in 2025.

Develops general-purpose robotics and embodied intelligence systems, including humanoid robots and bionic quadrupeds for industrial, commercial, and household applications. The company combines full-stack robot development across core hardware, control, perception, and embodied AI, with a stated focus on scaling deployment and commercialization.

Company
MagicLab
Segment
Humanoid
Event type
Funding
Added to Korthos
Mar 15, 2026
Geography
Wuxi, Jiangsu · China