{"id":63464,"date":"2026-06-29T18:00:00","date_gmt":"2026-06-29T11:00:00","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=63464"},"modified":"2026-06-29T18:00:00","modified_gmt":"2026-06-29T11:00:00","slug":"x-square-robot-secures-four-consecutive-financing-rounds-surpasses-us2-8-billion-valuation-in-push-for-physical-ai-foundation-models","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=63464","title":{"rendered":"X Square Robot Secures Four Consecutive Financing Rounds, Surpasses US$2.8 Billion Valuation in Push for Physical AI Foundation Models"},"content":{"rendered":"<p><i>New funding supports development of embodied AI foundation models, commercial deployments and integrated robotics infrastructure, only embodied AI company\u00a0<\/i><i>backed by all four major Chinese internet technology leaders<\/i><\/p>\n<p><span class=\"legendSpanClass\">SHENZHEN, China<\/span>, <span class=\"legendSpanClass\">June 29, 2026<\/span> \/PRNewswire\/ &#8212; <a href=\"https:\/\/x2robot.com\/en\" target=\"_blank\" rel=\"nofollow\">X Square Robot<\/a>, an embodied AI company developing general-purpose embodied intelligence robots and foundation models for real-world environments, today announced the closing of four consecutive financing rounds culminating in a Series C, bringing its valuation to over US$2.8 billion (RMB 20 billion) and positioning the company among China&#8217;s highest-valued embodied AI startups.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<p><a href=\"https:\/\/mmx.prnasia.com\/media\/MS1874531\/e29bbc393f60464f9ddf3eb254e67d5d.jpg?id=OA2743361&amp;p=medium600\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/mmx.prnasia.com\/media\/MS1874531\/e29bbc393f60464f9ddf3eb254e67d5d.jpg?id=OA2743361&amp;p=medium600\" title=\"X Square Robot performing household tasks in a home environment\" alt=\"X Square Robot performing household tasks in a home environment\" \/><\/a><br \/><span>X Square Robot performing household tasks in a home environment<\/span><\/p>\n<\/div>\n<p>The financing brings together a diverse group of strategic and financial investors, including leading technology companies, industrial partners and venture capital firms. IDG participated in the Series C round, while HongShan and Xiaomi have backed the company in multiple previous rounds. Combined with earlier lead investments from Meituan, Alibaba, ByteDance and Xiaomi, X Square Robot has become the only embodied AI company in China to secure lead-round backing at different stages from four of the country&#8217;s leading technology companies.<\/p>\n<p>&#8220;Since day one, X Square Robot has focused on in-house development of foundation models, pursuing a challenging but necessary path,&#8221; said Wang Qian, founder and CEO of X Square Robot. &#8220;Today, our investments in embodied AI models, scalable, model-driven high-quality data pipeline system and real-world deployment are beginning to deliver clear results.&#8221;<\/p>\n<p>The company said it will use the funding to further invest in core technologies and foundational research in embodied intelligence, advancing toward general-purpose embodied AI that bridges the physical world and ultimately serves humanity.<\/p>\n<p>Founded in 2023, X Square Robot develops end-to-end embodied AI systems that combine foundation models, robotics hardware and proprietary data pipeline system. Rather than relying on traditional rule-based automation, the company&#8217;s approach enables robots to adapt to changing environments and generalize across a wide range of tasks.<\/p>\n<p><b>Building a Full-Stack Embodied AI System<\/b><\/p>\n<p>X Square Robot is building a full-stack embodied AI system that combines foundation models, robotics hardware, proprietary model-driven high-quality data pipeline system and real-world deployment. At its core is a general-purpose embodied AI model designed to enable robots to perceive, reason and act in complex physical environments.<\/p>\n<p>In April 2026, the company introduced WALL-B, an embodied AI foundation model built on its World Unified Model architecture. Unlike modular VLA approaches that connect separate vision, language and action components, WALL-B trains perception, language, action and physical prediction within a unified network, enabling stronger multimodal understanding, spatial reasoning and continual learning from real-world interactions.<\/p>\n<p>The company has also open-sourced WALL-OSS-0.5 and WALL-WM, extending its unified approach to robot manipulation and world modeling. WALL-OSS-0.5 achieved over 80% autonomous completion on four of 17 real-robot tasks without post-training, while WALL-WM introduces event-level prediction by aligning language, vision and action data around meaningful events, enabling stronger cross-modal learning and physical-world prediction across reasoning, manipulation and generalization tasks.<\/p>\n<p>To accelerate model development, X Square Robot has built a scalable, model-driven data pipeline spanning automated data collection, cleaning, annotation, quality control and augmentation. Combined with real-world deployment, the system enables rapid model iteration while creating high-quality datasets for complex and long-tail scenarios.<\/p>\n<p><b>Real-World Deployments Already Underway<\/b><\/p>\n<p>X Square Robot is deploying its model and hardware stack across household, industrial, and logistics scenarios. Among these, household settings represent one of the most complex and important testbeds for real-world deployment.<\/p>\n<p>In this area, the company has partnered with 58.com to launch an AI-powered cleaning service in Shenzhen and Beijing, where robots work alongside human cleaners in real residential environments. Since May, X Square Robot has also launched the &#8220;X Family Member Program,&#8221; where robots live with users&#8217; families for up to one month as household companions, responding to a broader range of everyday needs. Together, these initiatives bring embodied robots beyond staged demos and into real homes and everyday life.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<p><a href=\"https:\/\/mmx.prnasia.com\/media\/MS1874532\/8775a7adfcee45e58e2dd7aa32546165.jpg?id=OA2743362&amp;p=medium600\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/mmx.prnasia.com\/media\/MS1874532\/8775a7adfcee45e58e2dd7aa32546165.jpg?id=OA2743362&amp;p=medium600\" title=\"X Square Robot in real-world deployment at a nursing home\" alt=\"X Square Robot in real-world deployment at a nursing home\" \/><\/a><br \/><span>X Square Robot in real-world deployment at a nursing home<\/span><\/p>\n<\/div>\n<p>The company believes these real-world deployments create a continuous feedback loop in which operational data improves model performance, helping accelerate progress toward general-purpose embodied intelligence.<\/p>\n<p>&#8220;As AI moves beyond digital experiences into the physical world, progress will depend on close integration between models, data and robotics,&#8221; Wang said. &#8220;We&#8217;re building that foundation so embodied AI can become part of everyday life.&#8221;<\/p>\n<p>To learn more, visit <a href=\"https:\/\/x2robot.com\/en\" target=\"_blank\" rel=\"nofollow\">https:\/\/x2robot.com\/en<\/a>.<\/p>\n<p><b>About X\u202fSquare\u202fRobot<\/b><\/p>\n<p>X Square Robot develops general-purpose embodied intelligence robots with high-precision manipulation capabilities. The company is building foundation models for the physical world, integrating models, robotic hardware and scalable, model-driven high-quality data pipeline system. Its robots are designed to perceive, reason and act across long-horizon tasks in home and everyday environments, research and education, logistics and warehousing, and industrial operations.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">  <\/div>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p><i>New funding supports development of embodied AI foundation models, commercial deployments and integrated robotics infrastructure, only embodied AI company\u00a0<\/i><i>backed by all four major Chinese internet technology leaders<\/i><\/p>\n<p><span class=\"legendSpanClass\">SHENZHEN, China<\/span>, <span class=\"legendSpanClass\">June 29, 2026<\/span> \/PRNewswire\/ &#8212; <a href=\"https:\/\/x2robot.com\/en\" target=\"_blank\" rel=\"nofollow\">X Square Robot<\/a>, an embodied AI company developing general-purpose embodied intelligence robots and foundation models for real-world environments, today announced the closing of four consecutive financing rounds culminating in a Series C, bringing its valuation to over US$2.8 billion (RMB 20 billion) and positioning the company among China&#8217;s highest-valued embodied AI startups.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<p><a href=\"https:\/\/mmx.prnasia.com\/media\/MS1874531\/e29bbc393f60464f9ddf3eb254e67d5d.jpg?id=OA2743361&amp;p=medium600\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/mmx.prnasia.com\/media\/MS1874531\/e29bbc393f60464f9ddf3eb254e67d5d.jpg?id=OA2743361&amp;p=medium600\" title=\"X Square Robot performing household tasks in a home environment\" alt=\"X Square Robot performing household tasks in a home environment\" \/><\/a><br \/><span>X Square Robot performing household tasks in a home environment<\/span><\/p>\n<\/div>\n<p>The financing brings together a diverse group of strategic and financial investors, including leading technology companies, industrial partners and venture capital firms. IDG participated in the Series C round, while HongShan and Xiaomi have backed the company in multiple previous rounds. Combined with earlier lead investments from Meituan, Alibaba, ByteDance and Xiaomi, X Square Robot has become the only embodied AI company in China to secure lead-round backing at different stages from four of the country&#8217;s leading technology companies.<\/p>\n<p>&#8220;Since day one, X Square Robot has focused on in-house development of foundation models, pursuing a challenging but necessary path,&#8221; said Wang Qian, founder and CEO of X Square Robot. &#8220;Today, our investments in embodied AI models, scalable, model-driven high-quality data pipeline system and real-world deployment are beginning to deliver clear results.&#8221;<\/p>\n<p>The company said it will use the funding to further invest in core technologies and foundational research in embodied intelligence, advancing toward general-purpose embodied AI that bridges the physical world and ultimately serves humanity.<\/p>\n<p>Founded in 2023, X Square Robot develops end-to-end embodied AI systems that combine foundation models, robotics hardware and proprietary data pipeline system. Rather than relying on traditional rule-based automation, the company&#8217;s approach enables robots to adapt to changing environments and generalize across a wide range of tasks.<\/p>\n<p><b>Building a Full-Stack Embodied AI System<\/b><\/p>\n<p>X Square Robot is building a full-stack embodied AI system that combines foundation models, robotics hardware, proprietary model-driven high-quality data pipeline system and real-world deployment. At its core is a general-purpose embodied AI model designed to enable robots to perceive, reason and act in complex physical environments.<\/p>\n<p>In April 2026, the company introduced WALL-B, an embodied AI foundation model built on its World Unified Model architecture. Unlike modular VLA approaches that connect separate vision, language and action components, WALL-B trains perception, language, action and physical prediction within a unified network, enabling stronger multimodal understanding, spatial reasoning and continual learning from real-world interactions.<\/p>\n<p>The company has also open-sourced WALL-OSS-0.5 and WALL-WM, extending its unified approach to robot manipulation and world modeling. WALL-OSS-0.5 achieved over 80% autonomous completion on four of 17 real-robot tasks without post-training, while WALL-WM introduces event-level prediction by aligning language, vision and action data around meaningful events, enabling stronger cross-modal learning and physical-world prediction across reasoning, manipulation and generalization tasks.<\/p>\n<p>To accelerate model development, X Square Robot has built a scalable, model-driven data pipeline spanning automated data collection, cleaning, annotation, quality control and augmentation. Combined with real-world deployment, the system enables rapid model iteration while creating high-quality datasets for complex and long-tail scenarios.<\/p>\n<p><b>Real-World Deployments Already Underway<\/b><\/p>\n<p>X Square Robot is deploying its model and hardware stack across household, industrial, and logistics scenarios. Among these, household settings represent one of the most complex and important testbeds for real-world deployment.<\/p>\n<p>In this area, the company has partnered with 58.com to launch an AI-powered cleaning service in Shenzhen and Beijing, where robots work alongside human cleaners in real residential environments. Since May, X Square Robot has also launched the &#8220;X Family Member Program,&#8221; where robots live with users&#8217; families for up to one month as household companions, responding to a broader range of everyday needs. Together, these initiatives bring embodied robots beyond staged demos and into real homes and everyday life.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<p><a href=\"https:\/\/mmx.prnasia.com\/media\/MS1874532\/8775a7adfcee45e58e2dd7aa32546165.jpg?id=OA2743362&amp;p=medium600\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/mmx.prnasia.com\/media\/MS1874532\/8775a7adfcee45e58e2dd7aa32546165.jpg?id=OA2743362&amp;p=medium600\" title=\"X Square Robot in real-world deployment at a nursing home\" alt=\"X Square Robot in real-world deployment at a nursing home\" \/><\/a><br \/><span>X Square Robot in real-world deployment at a nursing home<\/span><\/p>\n<\/div>\n<p>The company believes these real-world deployments create a continuous feedback loop in which operational data improves model performance, helping accelerate progress toward general-purpose embodied intelligence.<\/p>\n<p>&#8220;As AI moves beyond digital experiences into the physical world, progress will depend on close integration between models, data and robotics,&#8221; Wang said. &#8220;We&#8217;re building that foundation so embodied AI can become part of everyday life.&#8221;<\/p>\n<p>To learn more, visit <a href=\"https:\/\/x2robot.com\/en\" target=\"_blank\" rel=\"nofollow\">https:\/\/x2robot.com\/en<\/a>.<\/p>\n<p><b>About X\u202fSquare\u202fRobot<\/b><\/p>\n<p>X Square Robot develops general-purpose embodied intelligence robots with high-precision manipulation capabilities. The company is building foundation models for the physical world, integrating models, robotic hardware and scalable, model-driven high-quality data pipeline system. Its robots are designed to perceive, reason and act across long-horizon tasks in home and everyday environments, research and education, logistics and warehousing, and industrial operations.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">  <\/div>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-63464","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cision-pr-newswire","category-cision-pr-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/63464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=63464"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/63464\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=63464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=63464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=63464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}