Robotera has raised USD70 million in a Series A funding round led by CDH Investments and Haier Capital to scale R&D and production.

Robotera has raised CNY500 million (USD70 million), which the Chinese humanoid robotics startup said it will use to scale up research and development and its rapidly expanding production. The funding round was led by CDH Investments and Haier Capital, with additional investments from Houxue Capital, Meridian Capital, and Crystal Stream Capital. The company is focused on developing embodied AI systems and has already started mass production of its robots. Robotera aims to accelerate its growth in the robotics market through this funding.