Galbot parent Galaxy General raised about RMB 7 billion in 34 months as funding pace tests its commercial case
Galaxy General, a Chinese embodied AI and robotics company founded in May 2023 by Peking University researcher Wang He, has raised about RMB 7 billion across six rounds in 34 months, with its valuation surpassing RMB 20 billion, according to the source article. The company has become the most heavily financed player in China’s embodied intelligence sector. The report says Galaxy General built its strategy around a “heavy brain, light body” approach, centering on its self-developed AstraBrain embodied foundation model while using mature hardware platforms from partners such as Unitree. Its disclosed product line includes the industrial Galbot S1, the service-focused Galbot G1, and the household biped robot ET1. The company has also expanded into factory, retail, pharmacy and medical settings, while signing a global strategic cooperation agreement with Ningjia Service, a CATL affiliate. Its investor base has shifted over time. Early market-driven venture capital firms were followed by state-backed funds, industrial investors and national-level capital. The article argues that this transition has given the company stronger backing and access to deployment scenarios, but it has also raised questions about governance, valuation logic and whether investment-led orders can translate into durable revenue. Industry criticism surfaced on Sept. 10, 2026, and Galaxy General later issued a statement defending what it described as real R&D, real scenarios and a real commercial closed loop.
