
X Square Robot, a Shenzhen-based humanoid startup, secured approximately $100 million in funding led by Alibaba Group Holding (NYSE:BABA) through Alibaba Cloud in a deal that strengthens the company's expansion in the robotics market.
The latest investment brings the startup’s total funding to around $280 million across several financing rounds since launching in December 2023, X Square Robot Chief Operating Officer Yang Qian told CNBC earlier this week.