StoryFunding
Galaxea AI raises RMB 2B, doubling its valuation to over RMB 20B in two months
Less than two months after its Series B, Galaxea raised RMB 2 billion (about $291M) from nearly 20 investors, including Lens Technology and state-backed funds, valuing it above RMB 20 billion. It was one of the largest private valuations among China's embodied-AI start-ups.
- RMB 2B (about $291M) round, following the February Series B.
- Nearly 20 investors, including Lens Technology and state-backed funds.
- Valuation above RMB 20B (about $2.9B).