🇨🇳Embodied-model developer Xieyue Intelligence (斜跃智能) closed angel-plus financing worth hundreds of millions of renminbi to fund training and compute infrastructure.

Xieyue Intelligence (斜跃智能) announced completion of an angel-plus financing round worth hundreds of millions of renminbi. Investors included Linear Capital (线性资本), Junshan Capital (钧山资本), Hongyi Capital (弘颐资本), and Hidden Hill Capital (隐山资本); the reports do not disclose an exact amount or valuation.

Founded in February 2026, the company develops embodied foundation models, with households identified as its first application setting. Its co-founders are Chen Wei (陈伟), formerly Li Auto’s (理想) AI chief scientist and foundation-model department head, and Zhang Xiao (张骁), formerly a Li Auto product-line president.

The stated uses of funding include embodied-model training, compute and data infrastructure, expansion of the core team, household-robot hardware research and development, and application validation. These are planned funding uses rather than disclosed spending already completed.

The company reported preliminary completion of its internally developed Ego data-collection equipment and data platform. It plans to establish a complete collection, cleaning, annotation, and training workflow during 2026, but the sources provide no compute-hardware inventory, infrastructure budget, financing conditions, or dilution terms.