Browsing Tag
IDG Capital
5 posts
Manus secures $500m-plus after Meta split as AI-agent race intensifies
Manus parent Butterfly Effect has secured more than $500 million from Boyu Capital, IDG Capital and existing backers, giving the AI-agent company fresh firepower just weeks after it formally returned to independent operations following the unwinding of its Meta transaction.
ByteDance AI drug spin-off Anew Labs secures $290m at $1.5bn valuation
ByteDance’s artificial-intelligence drug discovery spin-off Anew Labs has completed a $290 million external financing at a reported $1.5 billion valuation, attracting leading Chinese investment firms while leaving ByteDance with a controlling 56% stake.
XPENG (9868) retains 82% of $6.3bn Dogotix as IRON humanoid production scales
XPENG has established a standalone $6.3 billion valuation for Dogotix, its humanoid robotics business, while retaining more than 80% ownership initially. The financing gives IRON its own capital base, but the larger investor question is whether mass production and commercial deployments can turn robotics into a meaningful source of value beside XPENG’s still loss-making electric vehicle business.
XPENG’s Dogotix raises $900m at $6.3bn valuation as humanoid robotics becomes a standalone capital story
XPENG has signed a $900 million financing for Dogotix led by major technology investors, establishing a $6.3 billion post-transaction valuation while shifting part of the cost of humanoid robotics development to outside capital.
Humanoid robots finally have a day job, and ROBOTERA’s $200m raise shows why it matters
Humanoid robots need real work, not stage tricks. ROBOTERA’s $200 million raise shows why logistics may decide the first winners.