Xynova raises RMB 500 million Series A+
Xynova raised RMB 500 million in a Series A+ round for humanoid-robot dexterous hands and actuators.
Evidence notes
- Meituan led the round, with NIO Capital, China Merchants Capital and an unnamed major internet company participating.
- Existing investor Xiaomi Strategic Investment increased its backing.
- Xynova told STAR Market Daily that it has completed four rounds and reached a post-money valuation above US$1 billion.
Company context
Xynova develops dexterous hands and actuator hardware for humanoid robotics. Its product surface includes dexterous hands, rotary actuators and linear actuators, with integrated production across mechanical processing, motor winding, module assembly and hand assembly.