China's Noetix Robotics completes almost 1 billion yuan of financing

China's Noetix Robotics completes almost 1 billion yuan of financing

Noetix Robotics Completes Nearly RMB 1 Billion in Series B Funding, Reflecting Investor Confidence in China’s Humanoid Robot Sector

Noetix Robotics, a Beijing-based humanoid robot manufacturer, has secured nearly RMB 1 billion ($145.9 million) in a Series B funding round led by CD Capital, a venture capital firm backed by battery giant Contemporary Amperex Technology Co. Ltd. (CATL). This marks one of the largest recent financing rounds in China’s robotics sector, underscoring growing investor interest in commercializing humanoid technologies.

The funding follows Noetix’s high-profile appearance on the CCTV Spring Festival Gala on February 16, 2026, where its robots were showcased in a skit, amplifying public and industry visibility. The company aims to use the capital to advance research and development, scale production, and accelerate market penetration for its consumer and industrial robot models.

This development aligns with a broader industry trend: Chinese robotics firms are increasingly prioritizing software and artificial intelligence (AI) systems over hardware-centric innovation. For instance, Shenzhen-based LimX Dynamics recently unveiled an embodied AI operating system, while startups like Orca and X Square Robot are focusing on simulation platforms and foundation models for robotics according to industry reports. Analysts note that major tech firms, including ByteDance and Alibaba, are investing in AI-driven "brains" for humanoid robots, signaling a strategic shift toward training advanced AI models.

Despite technical and supply-chain challenges, China’s humanoid robot sector continues to attract substantial capital. According to recent data, U.S. venture deals in AI and robotics have surged to over $160 billion this year, while comparable Chinese deals reached $10 billion—still modest but reflecting more contained valuation risks compared to the U.S. market.

Noetix’s funding highlights the competitive landscape, where startups balance innovation with cost efficiency to achieve commercial viability in an evolving industry.