Beijing-based Galaxea AI has raised over $100 million in two financing rounds, pushing its valuation to $700 million. The company, founded in 2023, aims to build 10 billion robots for 10 billion people, with its humanoid robots entering homes within less than a decade. Galaxea is competing with Tesla's Optimus, with analysts warning of a potential wave of consolidation in the humanoid sector.
Beijing-based Galaxea AI has secured over $100 million in two financing rounds, pushing its valuation to $700 million. The company, founded in September 2023 by a team of scientists from Tsinghua and Stanford universities, aims to build 10 billion robots for 10 billion people, with its humanoid robots entering homes within less than a decade. Galaxea is competing with Tesla's Optimus, with analysts warning of a potential wave of consolidation in the humanoid sector.
Galaxea's latest funding rounds, led by Capital Today, Meituan's Long-Z Investments, and Meituan's strategic arm, with continued support from investors such as Ant Group, IDG Capital, Baidu Ventures, GL Ventures, and FunPlus, bring cumulative fundraising to nearly $210 million. The company's mission is to build embodied intelligence at a global scale, as stated by Co-founder and Co-Chief Science Officer Xu Huazhe.
Xu Huazhe, a Stanford-trained engineer now teaching robotics at Tsinghua, told Forbes that the company is accelerating the commercialization of its R1 humanoid robots priced between $44,500 and $64,000. Galaxea aims to ship up to 1,000 units by December, split between China and overseas markets, including the U.S. The company already serves more than 40 clients, including Huawei Cloud, Volkswagen, Haier, Samsung, ByteDance, Physical Intelligence, Stanford University, and MIT, with applications in algorithm training, robotics deployment, and embodied AI data collection.
Galaxea has introduced its proprietary G0 AI model to improve robots' ability to understand language, perform reasoning, and execute complex tasks like making beds. The company's next major release will be the two-legged humanoid planned for 2026. Xu Huazhe predicts that household integration will follow industrial adoption, with robots capable of cooking, sweeping, and cleaning homes within a decade.
China has declared humanoid robotics a national priority, establishing a $138 billion government fund in March to accelerate development across artificial intelligence and robotics. The Chinese government also staged the first World Humanoid Robot Games in Beijing earlier this month, featuring competitors from 16 countries in soccer, dance, and combat challenges.
Galaxea says it is the only Chinese startup simultaneously led by two AI professors, giving it world-class expertise in perception, locomotion, and manipulation. Its R1 series, including R1 Pro and R1 Lite, forms part of a broader ecosystem combining standardized hardware, massive datasets, and developer tools to create what the company calls "embodied intelligence infrastructure."
By year-end, Galaxea expects its workforce to grow from 120 to 200 employees. Despite no recorded revenue in 2024, the company projects tens of millions of yuan in 2025 sales and is targeting profitability in 2026.
References:
[1] https://www.benzinga.com/news/topics/25/08/47431117/beijings-galaxea-ai-raises-100-million-at-700-million-valuation-says-humanoids-will-enter-homes-in-less-than-a-decade
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