X Square Robot completes nearly 1 billion yuan Series A+ financing led by Alibaba Cloud and CAS Investment
Evidence notes
- X Square Robot completed a nearly 1 billion yuan Series A+ round in September 2025.
- The round was led by Alibaba Cloud and CAS Investment, with participation from multiple strategic and financial backers including HongShan and Meituan's strategic arm.
- The company said the funds would support embodied-foundation-model training, hardware iteration, and broader scenario deployment.
Company context
Full-stack embodied-AI robotics company developing WALL foundation models, Quanta robot platforms and dexterous hands for manipulation-heavy service, home, logistics and research workflows.