Embodied Intelligence: The Future Is Here — Three Hours of Industry Resonance and Global Perspective | Yunqi Capital x SEE Fund

On August 9, the 2025 World Robot Congress themed event "Embodied Intelligence: The Future Is Here — Venture Capital, Innovation, Creation", co-hosted by Yunqi Capital and SEE Fund, was successfully held at the Beijing Etrong International Exhibition & Convention Center.

The event focused on the technological evolution, commercial deployment, and globalization pathways of embodied intelligence. More than a dozen leading entrepreneurs, industrial technology experts, representatives of international partner organizations, and investment and financial institution delegates in the embodied intelligence space gathered for three hours of collaborative "industry-academia-research" dialogue, exchanging insights and sparking new ideas.

The event drew over a hundred entrepreneurs, investors, researchers, and professional media outlets in the embodied intelligence field. The Singapore National Robotics Programme (NRP) delegation, visiting China during the World Robot Congress, also made a special appearance to discuss the latest trends and cooperation opportunities with industry partners face-to-face.

Riding the Wave, Coexisting with Intelligence

At the outset, the co-hosts Yunqi Capital and SEE Fund delivered welcome remarks to the attending guests.

Yunqi noted that the robotics industry is currently at a critical juncture on the verge of application deployment, with the potential to achieve greater scenario-based integration into daily life over the next 5–10 years. Realizing this vision depends on ecosystem stakeholders joining forces to drive collaborative improvement across the industrial chain and collectively lower the technical and manufacturing barriers for embodied robots. As one of the earliest-stage investors in robotics and the embodied intelligence track, Yunqi will continue to serve as an active promoter and long-term partner in this process.

Since 2016, Yunqi has supported multiple representative companies across embodied intelligence sub-sectors, including Keenon Robotics, Realman Robotics, Ziliangliang Robotics, Noematrix, Robotsquare, Astribot, and Hillbot, forming an investment matrix covering key industrial chain links such as "brain" and "cerebellum" systems, hardware bodies, and embodied data training**.

SEE Fund stated that global attention is currently focused on the convergence of AI and robotics, while China possesses distinctive advantages in supply chain, application scenarios, talent reserves, and manufacturing infrastructure — providing fertile ground for nurturing world-class robotics enterprises. SEE Fund will remain deeply committed to this direction for the long term, accompanying the growth and development of the embodied intelligence industry.

SEE Fund is an early-stage investment institution originating from Tsinghua University's Department of Electronic Engineering. Since 2023, it has invested in multiple companies with original technology and global potential, including Galaxy Universal Robotics, Xinghai Tu, Songyan Dynamics, Noematrix, Robotsquare, and Guanglun Intelligence.

Frontier Insights:

Ecosystem Co-Creation, Data Solutions, Industrial Deployment

In the keynote speech segment, three heavyweight speakers at the forefront of embodied intelligence technology iteration and industrial application delivered multi-layered, multi-perspective insights.

In his keynote "Ecosystem Co-Creation: Accelerating the Commercialization of Embodied Intelligence," Mao Yinian, Vice President of Meituan and Chairman of Meituan Robotics Research Institute, reviewed the evolution of robotics technology and application deployment pathways, and explained the central role of ecosystem co-creation in driving commercial implementation of embodied intelligence, drawing on Meituan's application prospects across multiple scenarios.

He pointed out that balancing cost, efficiency, and scenario generalizability is the key proposition for commercializing embodied intelligence; as technology matures and industrial chain costs decline, embodied intelligence could become the next "industrial crown jewel" following automobiles.

Mao Yinian, Vice President of Meituan and Chairman of Meituan Robotics Research Institute

Huang Xiaohuang, Co-founder and Chairman of Manycore Tech, used "spatial brain" as his entry point to share Manycore's long-term accumulation and latest progress in spatial intelligence. He analyzed that high-quality spatial data of the real world is scarce and costly to acquire, constraining improvements in robots' understanding and interaction capabilities.

Building on over a decade of accumulated interactive 3D indoor scenes and spatial data, Manycore has constructed a "tools-data-models" flywheel. From opening the world's largest indoor scene deep learning dataset InteriorNet in 2018, to releasing the 3D Gaussian structure-based InteriorGS dataset and spatial understanding large model SpatialLM this year, Manycore continues to provide solid foundations for the industry by reducing robots' spatial perception and training costs and accelerating embodied intelligence scenario deployment.

Huang Xiaohuang, Co-founder and Chairman of Manycore Tech

Yao Song, Director of the International Center for Advanced Technology Application Promotion (Shenzhen), delivered the keynote "From Technology to Industry: How Embodied Intelligence Moves Toward 'Pragmatism.'" He drew an analogy between the development path of embodied intelligence and autonomous driving — from early high expectations for Level 4 full automation to the reality that deployment concentrates more on Level 2 scenarios, with the industry gradually becoming more pragmatic.

Yao noted that most robots currently remain at the L1 stage, and advancing to higher levels requires focusing on real, urgent, and commercially viable scenarios, making breakthroughs progressively from high-risk, high-aversion tasks to repetitive, heavy physical labor. When intelligence capabilities and stability are still imperfect, robots should be given tool-like attributes, and the data flywheel should be accelerated to advance batch application of embodied intelligence.

Yao Song, Director of the International Center for Advanced Technology Application Promotion (Shenzhen)

Shared Perspectives:

Dual Exploration of Commercialization and Globalization

Application deployment and globalization pathways are key topics of current concern in the embodied intelligence industry. In two roundtable discussions, Sun Yuejia, Investment Vice President of SEE Fund, and Sang Yu, Investment Vice President of Yunqi Capital, engaged in in-depth exchanges with entrepreneurial teams long immersed in embodied intelligence on the front lines, as well as representatives of the Singapore National Robotics Programme.

In the "Outlook on Embodied Intelligence Deployment" roundtable, Chen Yang, Vice President of Galaxy Universal; Jiang Zheyuan, Chairman of Songyan Dynamics; and Li Haolai, CTO of Qizhi Robotics / Deputy Chief Engineer of EFORT, drew on their respective practices to discuss experiences and challenges in data requirements, real-world scenarios, and deployment pathways for embodied intelligence, and shared perspectives on opportunities and considerations for industrial robots transitioning into the embodied intelligence field. Ma Lin, Managing Partner of SEE Fund, analyzed the industry logic and potential opportunities for embodied intelligence deployment from an investment perspective.

How can embodied enterprises expand opportunities in the vast global market? In the "Globalization Pathways for Embodied Intelligence" roundtable, Chen Yu, Partner at Yunqi Capital; Wang Qian, Founder and CEO of Ziliangliang Robotics; and Zheng Suibing, Founder and CEO of Realman Robotics engaged in deep exchanges on the importance of technical standards, supply chain, and localized team building for embodied intelligence going global, sharing differentiated strategies and recommendations for various regional markets from their respective perspectives. Zeng Youjun, Deputy Director of the Singapore National Robotics Programme, introduced Singapore's practical experience and ecosystem building in promoting embodied intelligence technology deployment and international cooperation.

Financial empowerment is a critical component of the science and technology innovation development system. Li Bing, Branch President of Beijing Rural Commercial Bank Economic-Technological Development Area Branch, shared the bank's innovative practices in combining "investment, financing, and lending" to serve science and technology enterprises, demonstrating the active exploration of local financial institutions in supporting intelligent technology industry development and their own digital transformation.

From in-depth discussions of frontier technology to pragmatic thinking on deployment pathways, to multi-dimensional perspectives on globalization and financial empowerment, the "Embodied Intelligence: The Future Is Here — Venture Capital, Innovation, Creation" themed event gathered diverse observations from across the embodied ecosystem, building a platform for consensus and co-creation for the industry's global development.

With technological evolution, application expansion, and ecosystem collaboration, embodied intelligence is moving from concept to reality, from single-point breakthroughs to scaled deployment. Going forward, Yunqi will join hands with more entrepreneurs, industry partners, and global resources to jointly promote venture capital, innovation, and creation in this emerging field, using the power of technology to open up a better future.