Chinese embodied intelligence firm zhiyuan raises new funding, valuation hits 50 billion yuan

On October 14, 2026, IT Home reported that Zhiyuan Innovation, a leading embodied intelligence unicorn, has completed a new round of funding, raising approximately 10 to 15 billion yuan. The company’s valuation has reached around 500 billion yuan. According to the Hong Kong Stock Exchange, companies seeking to list must wait 120 days after completing new funding before they can trade publicly, which means Zhiyuan cannot proceed with its IPO this year. Zhiyuan, founded in 2023, specializes in embodied intelligence and has recently surpassed global production records with its 20,000th AGIBOT robot offline on September 24. Counterpoint Research noted that global humanoid robot shipments exceeded 22,000 units in the first half of 2026, a 300% increase year-over-year. Zhiyuan led with 9,700 units shipped, capturing over 43% of the market, with the top five manufacturers all based in China and collectively holding 86% of the market share.