Robotics Chipmaker Huixi Secures Funding to Scale Embodied AI Development
Huixi Technology has completed its latest financing round, led by the Beijing Artificial Intelligence Industry Investment Fund, to bolster its high-performance chip production.
Beijing-based robotics chip developer Huixi Technology announced on October 22 the completion of its Pre-Series B-plus and Series B funding rounds. The investment, led by the Beijing Artificial Intelligence Industry Investment Fund, attracted backing from the Beijing Robotics Industry Development Investment Fund and Hidden Hill Capital, alongside existing investors including Shunwei Capital and Cathay Capital.
The capital infusion is designated for the development of next-generation chips tailored for embodied AI applications. Additionally, the company plans to utilize these funds to accelerate the commercial delivery of its hardware and software systems.
Huixi focuses on the R1 system-on-chip and associated computing platforms, which facilitate model deployment and real-time control for robotics. Its technology is currently integrated into the Genie G2 robots manufactured by AgiBot. The company reported that its total equity financing for 2024 has surpassed 2.5 billion RMB.