China’s Deep Robotics has raised US$70 million in new funding, with founder Zhu Qiuguo stating the money will go toward research and recruiting top robotics talent. The company aims to develop machines as “intelligent assistants” for various industries, signaling growing investor interest in the sector.
Deep Robotics, a Hangzhou-based Chinese robotics startup specializing in quadruped robots, has secured US$70 million in fresh funding led by investors including China Asset Management, DeepSeek, and Vision Knight Capital.
Founder Zhu Qiuguo said in a statement that the new capital would primarily fund research and development efforts, as well as the recruitment of top global robotics talent. He highlighted the company’s goal of turning its machines into “intelligent assistants” deployable across industries such as power inspection, emergency rescue, and industrial applications.
This funding round underscores the rapid growth of China’s robotics sector. The company, which has ties to Zhejiang University, has previously launched products like the DR02 and Bobcat M20. In comparison to rivals like Unitree Robotics, Deep Robotics is strengthening its position in quadruped robotics through continued investment.
The surge in investor interest also reflects broader support from Chinese government initiatives, including funds like the Beijing Robotics Industry Development Investment Fund and the China Integrated Circuit Investment Fund. While specific deal terms remain limited, the infusion is expected to accelerate technological innovation and market expansion for the firm.