🦾 Robotics Funding Rounds by Month - February 2025

Alibaba leads $100 million investment in Chinese humanoid robot startup X Square Robot

Chinese humanoid startup X Square Robot announced Monday it had secured around $100 million in a funding round led by Alibaba Cloud. It’s the Shenzhen-based startup’s eighth round of financing since the company launched less than two years ago in December 2023, according to Chief Operating Officer Yang Qian. She told CNBC the latest deal brings total investment in X Square Robot to around 2 billion yuan ($280 million).

X Square’s website advertises three physical products - two wheeled robots and a robotic arm, at a time that many local startups are touting two-legged humanoid offerings. However, X Square is currently making revenue from their product lineup for specialized purposes.

COO Yang Qian believes that for robots to really enter the consumer market, their price needs to come down to around $10,000 — largely through cuts in hardware costs — an achievement she expects is possible in three to five years.

According to Bloomberg, X Square has been focusing on algorithms powering robotics rather than hardware. On Monday, the startup unveiled its Wall-OSS open source foundation model in what appears to be a move to compete with OpenAI-backed Physical Intelligence, which is trying to build high-level intelligence into a wide variety of robots and machines.

---

Taking a look back at February 2025 and who got funded. I share this data because from a robotics dataset that I’ve worked with for 15 years. It’s not perfect but the overall trends and totals are solid.

Here’s a look at some of the funding rounds, by company, location, amount raised and with some of the top investors listed. I’ll work on dropping these lists more regularly!