China’s robotics startups are starting to invest in other companies while they’re still only at the Series A stage themselves.
And another pattern is starting to appear: companies that were invested in are now turning around and investing in others.
AgiBot → PsiBot → Mifeng Technology → KONVERY
29 embodied AI companies have already made 125 external investment deals.
I think this says a lot about how fast the sector is moving in China: Companies don’t want to wait years to build every capability in-house.
They’re using capital to lock in technologies, teams, and supply-chain positions early.
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