StoryFunding
X Square Robot raises 1 billion yuan Series A++ led by ByteDance and HongShan
ByteDance and HongShan led a 1 billion yuan ($143M) round in X Square Robot, joined by a Shenzhen Capital Group fund. The start-up said it had raised 3 billion yuan in total and was piloting robots in package sorting and food delivery.
- 1 billion yuan, about $143M.
- Now backed by ByteDance, Meituan and Alibaba at the same time.
- Robots: Quanta X1 and Quanta X2, shown at the 2025 World Robot Conference.
- Pilots under way in package sorting and food delivery.