AI Summary
Ant Group has invested in its 12th humanoid robotics company, Zeroth, with a funding round of 500 million yuan. This investment is part of a broader strategy to expand into the humanoid robotics sector, following a halt on its IPO in 2020 and the establishment of its own robotics subsidiary.
- Ant Group has led a funding round of 500 million yuan ($73.58 million) in humanoid robotics company Zeroth, marking its 12th investment in the sector since early 2025.
- The investments include various companies focused on humanoid robotics and related technologies, such as Galaxea, Unitree, and software firms like Linkerbot and Genrobot AI.
- Following the suspension of its IPO in 2020, Ant Group has diversified its offerings, launching a healthcare app and developing AI models, as well as creating a humanoid robot subsidiary named RobbyAnt.
- Zeroth, founded in late 2024, aims to develop companionship robots for elderly and pet care, and plans to expand into children's education robots.
- The company has reported over 30,000 orders and a 600% increase in operating revenue in the first half of the year.
- Zeroth plans to begin overseas sales in North America and Europe this fall, pending compliance with local regulations.
- The investment comes amid growing interest in humanoid robots in China, with Nvidia also expanding its robotics roles in major cities.
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