Xynova, The Hangzhou-based dexterous-hand company announced a Series A in late May, bringing cumulative funding to nearly 1 billion yuan. So far their investors boast some heavy hitters: Li Auto, Xiaomi and CATL-linked capital.

Xynova was founded in late 2024 by Xia Yuxuan, whose background spans physics, computer science and hard-tech investment. Its R&D team is reported at more than 40 people, with graduate-degree holders making up most of the group.

Xynova’s latest model, the Flex 2 hand, is due for an offline public debut at ICRA 2026 in Vienna on June 2. The hand is listed with 23 degrees of freedom, a 400g palm weight, a 12kg single-hand grasp load and 4kg rated continuous load, using a hybrid cable-driven and direct-drive architecture.

Reported plans include a facility targeting annual output of 10,000 high-degree-of-freedom dexterous hands and 200,000 micro electric cylinders, with commissioning expected by the end of 2026. The company has also reported more than 2 million open-close cycles in internal testing, an MTBF target of at least 5,000 hours and batch deliveries to named clients already underway.

The broader market context is already hot, Beijing-based Linkerbot recently closed a Series B+ at a reported $3 billion valuation, then said it was targeting $6 billion in its next round. It also claims to produce around 5,000 robotic hands per month and plans to lift that to 10,000.

AGILINK adds another Chinese signal from the same layer, the AgiBot-linked dexterous-hand company this month completed a new financing of several hundred million yuan in May, pushing its valuation above $1 billion less than five months after its January founding. It says it has delivered more than 8,000 dexterous hands and over 10,000 grippers, with more than 1,000 units already in regular operation across industrial, logistics and service scenarios.

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