Huixi Technology Secures Series B Financing Led by Beijing AI Fund

Chinese robotics chip company Huixi Technology has announced the completion of its Pre-Series B-plus and Series B financing on October 22. The funding round was led by the Beijing Artificial Intelligence Industry Investment Fund, with contributions from the Beijing Robotics Industry Development Investment Fund, Hidden Hill Capital, and other investors.

Existing shareholders, including Shunwei Capital and Cathay Capital, also participated in this financing round. The funds raised will be utilized to develop a new generation of high-performance chips aimed at embodied AI and to accelerate commercial deliveries.

Huixi is known for its R1 AI system-on-chip and Huixi Embodied computing platforms, which integrate processors with software for model deployment, simulation, and real-time control. The company’s computing platform is currently utilized in AgiBot’s Genie G2 robots.

According to Huixi, its total equity financing for the year has surpassed RMB 2.5 billion.

Source: TechNode (China)