X Square Robot raises $100M in A+ round backed by Alibaba

Chinese humanoid company X Square Robot secured $100 million in an A+ round of funding led by Alibaba Cloud and CAS Investment on ￰1￱ firm’s Chief Operating Officer, Yang Qian, said the initiative is the company’s eighth round of financing since it launched less than two years ago in December ￰2￱ also revealed that X Square Robot’s latest financing round brings its total investment to roughly 2 billion yuan ($280 million). Other startups also participated in the funding round, including HongShan, Meituan, Legend Star, Legend Capital, and INCE Capital. X Square releases Wall-OSS’s open-source foundation model Igniting VLMs toward the Embodied Space.

We're excited to introduce WALL-OSS🧠🤖, an end-to-end embodied foundation model–our first open source step. Paper, code, blog, uncut videos: ￰0￱ ￰3￱ — X Square Robot (@XSquareRobot) September 8, 2025 X Square Robot aims to use the funds for the ongoing training of its robot’s self-developed general intelligence foundation model and the development of hardware ￰4￱ company’s initiative also comes as the race for household robots heats up ￰5￱ capitalists are investing in the humanoid robot industry on the expectation that their integration with generative artificial intelligence will transform how machines interact with human ￰6￱ believes the industry needs robots that operate and complete complex tasks ￰7￱ said the robotics industry has now realized that AI is required to enable humanoid robots to expand their capabilities beyond the mere function of performing limited tasks such as grasping ￰8￱ Chinese humanoid firm also released an open-source foundation model for embodied AI named ￰9￱ initiative means that developers and the general public can access the underlying code and use it for ￰10￱ firm’s previous WALL-A model was pre-trained and fine-tuned for multitasking, allowing it to generalize to new ￰11￱ to the startup, the model is for use cases of tech integrated with hardware, such as ￰12￱ firm said it was the first to open-source an AI model of its kind in the robotics space.

X Square Robot also expects robotic butlers to become a reality within five ￰13￱ also acknowledged that advancements in generative AI for chatting or code generation had surpassed those of ￰14￱ also believes that generative AI for robots won’t achieve ChatGPT 3.5-type capabilities for at least 12 ￰15￱ company’s COO added that the startup may require less powerful semiconductor chips that can be sourced domestically, despite using Nvidia chips for computing. X Square launches Quanta X2 robot X Square Robots also released its Quanta X2 robot in addition to its open-source ￰16￱ company said the robot can attach mop heads for 360-degree ￰17￱ self-developed wheeled humanoid robot is designed for diverse scenarios such as service, household, and industrial ￰18￱ to the firm, the robot will also come with hands capable of perceiving subtle pressure changes as it advances its human-like ￰19￱ the launch of the new Quanta X2 robot, the company said it doesn’t have any products for mass market ￰20￱ firm also said specific prices are determined by the robot use case, while research firm Humanoid Guide priced the humanoid robot at $80,000.

A company like Unitree sells its humanoid robots for $16,000, although it’s unclear how advanced its functions ￰21￱ companies need to price their products at around $10,000 to enter the consumer market. X Square Robots will have to largely cut hardware costs – an achievement Qian expects is possible in three to five ￰22￱ revealed that X Square Robot is planning an initial public offering next ￰23￱ also highlighted that the startup had not yet decided on where the listing would ￰24￱ COO added the firm was already generating revenue from sales to schools, hotels, and retirement homes, and expects to grow next year. X Square Robot CEO and founder, Wang Qian, sees potential in the prospects of AI in the robotics ￰25￱ revealed that the company aims to integrate both hardware and software technologies while promoting the innovation and development of embodied intelligence.

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