<cite index="24-3">Shenzhen-based general-purpose humanoid robot company LimX Dynamics announced the completion of a nearly $200 million Pre-IPO funding round, pushing its post-money valuation to 15 billion yuan (approximately $2.21 billion) and cementing its status as a decacorn. Combined with a $200 million Series B round in February, the company has raised a total of $400 million in just six months.</cite> <cite index="24-3">Investors include global heavyweights IDG Capital, Apple supplier Lens Technology (300433.SZ), and pan-European group GGG Group, alongside continued backing from existing shareholders like UAE-based Stone Venture and NIO Capital.</cite>
<cite index="24-2">The funds from this round will be primarily directed toward breakthroughs in brain-body fusion technology and productization, advancing the large-scale deployment of thousands of fully autonomous humanoid robots, and strengthening global market expansion. The company plans to further enhance its global manufacturing and delivery capabilities, accelerate its footprint in key markets including the Middle East, Europe, and other Asian countries and regions.</cite>
<cite index="24-3">Founded in 2022 by Southern University of Science and Technology professor Zhang Wei, the company adheres to a full-stack self-developed approach, having launched products including LimX Luna and TRON 2, with cumulative orders reaching several thousand units—over half from overseas markets.</cite> <cite index="30-2">In May, LimX introduced Luna, its full-size interactive humanoid robot. Customer deliveries in China and overseas began less than a month after launch.</cite> <cite index="30-3">LimX claims this makes Oli the first full-size humanoid robot in China to successfully complete long-horizon mobile manipulation tasks in a home setting entirely autonomously.</cite>
<cite index="24-4">LimX Dynamics completed its shareholding reform in March and is advancing its IPO process. The Chinese embodied intelligence sector now counts approximately 20 startups with valuations exceeding 10 billion yuan, intensifying the race toward public listings.</cite> For practitioners tracking robotics and embodied AI, LimX's international order base (50%+ overseas) and demonstrated product delivery velocity (Luna shipped within weeks of announcement) position it as a credible contender in the 2026 humanoid arms race, despite crowded competition and potential U.S. export restrictions on Chinese robotics.