TMTPOST — Xynova, a developer of dexterous robotic hands, completed a 5 billion yuan ($700 million) A+ financing round led by Meituan, with participation from NIO Capital, China Merchants Capital, an undisclosed major internet company, and continued backing from existing investor Xiaomi’s venture arm. Light Source Capital served as exclusive financial advisor. The company has now raised approximately 15 billion yuan across four rounds since its founding in late 2024. Xynova has launched the Xynova Flex 2, claimed as the world’s first hybrid cable-drive and direct-drive dexterous hand, and is scaling production capacity toward 10,000-unit annual deliveries by the end of 2026. Strong investor appetite for humanoid and dexterous robotics hardware persists on the Chinese mainland, fueled by expectations of large-scale deployment in manufacturing and service sectors. Xynova’s rapid fundraising and product progress reflect accelerating capital concentration around companies that can deliver functional, scalable robotic end-effectors capable of bridging the gap between laboratory prototypes and real-world industrial applications.