TMTPOST -- Beijing Galbot Co., Ltd. announced the completion of a 500 million yuan ($69 million) strategic funding round. Key investors include SAIC Hengxu Investment, Hong Kong Investment Company (HKIC), Shanghai AI Industry Fund, Beijing Robotics Industry Fund, Shenzhen Capital Group, CCB International, Zhiyou Scientist Fund, Rongyi Investment, and Jinjing Capital. Existing shareholders such as IDG, Matrix Partners China, BlueRun Ventures, and Beijing AI Industry Fund also made significant follow-on investments.    In June 2024, Galbot completed a total of ¥700 million ($96 million) in angel funding. With this latest round, the company, founded just over a year ago, has raised more than ¥1.2 billion ($165 million) in total, setting a record for the largest financing in the embodied large-model sector.   Galbot’s rapid fundraising highlights growing investor confidence in its potential to revolutionize the robotics and AI industry.