Qiming Venture Partners Portfolio Companies Showcase Innovations at World Robot Conference 2025

The World Robot Conference 2025 (WRC), themed "Making Robots Smarter, Making Embodied Bodies More Intelligent," was recently held in Beijing. Co-hosted by the Chinese Institute of Electronics and the World Robot Cooperation Organization, the conference brought together over 200 companies from around the world showcasing more than 1,500 exhibits. The event focused on expanding application scenarios, frontier technological innovation, breakthroughs in key technologies, new product launches, and international cooperation — presenting the latest research achievements, products, and solutions in global robotics.

Since its founding, Qiming Venture Partners has focused on investing in outstanding early and growth-stage companies driven by technological innovation. During the conference, multiple portfolio companies demonstrated their hardcore technological capabilities through core technology showcases, major new product releases, and cutting-edge insights. These companies included UBTECH (09880.HK), a leader in humanoid robots and intelligent service robots; Galaxy Universal, an innovator in embodied multimodal large-model general-purpose robots; DH-Robotics, a high-tech enterprise focused on core components for intelligent industrial manufacturing; Hesai Technology (NASDAQ:HSAI), a global leader in LiDAR R&D and manufacturing; and Yunji Technology, a company dedicated to building a world-leading service agent ecosystem. Additionally, the TOP 20 Most Investable Robotics Companies in China and TOP 30 Most Promising Robotics Companies in China lists were announced during the conference, with Galaxy Universal, Tashi Zhihang, and Yuanling AI making the cut.

This article highlights selected company developments.

01/

UBTECH Showcases Five Humanoid Robots

Demonstrating Swarm Intelligence Capabilities

UBTECH brought five humanoid robots to this year's World Robot Conference, including Walker S2, the world's first humanoid robot with autonomous battery swapping; Cruzr S2, a full-size general-purpose wheeled humanoid robot; Walker S1, the industrial humanoid robot "employed" at the most factories globally; Walker C, the first embodied intelligent "guide ambassador" for the China Pavilion at the Osaka Expo; and Tiangong Xingzhe, a full-size research-grade humanoid robot. Through rich application scenario demonstrations spanning industrial manufacturing, commercial services, scientific research and education, and entertainment companionship, visitors were immersed in embodied intelligence use cases.

UBTECH officially launched the full-size general-purpose wheeled humanoid robot Cruzr S2, powered by UBTECH's self-developed humanoid robot collaborative intelligent agent Co-Agent. Cruzr S2 features embodied intelligent key technologies including visual-LiDAR fused navigation and learning-based motion control, enabling efficient and stable traversal in complex scenarios. It supports full-range spatial搬运 and sub-millimeter precision operations, meeting multi-scenario and multi-task operational needs such as sorting and搬运, production assembly, pharmaceutical transfer, and reception and guidance — effectively helping enterprises improve operational efficiency and achieve high-quality industrial development.

UBTECH debuted its breakthrough humanoid robot swarm intelligence technology for the first time, based on production-line-level task-driven cross-domain fused perception technology, intelligent hybrid decision-making technology, and multi-robot collaborative control technology, showcasing a general-purpose humanoid robot swarm operation solution for multi-task industrial scenarios. Through the overall scheduling and task allocation management of the Group Brain Network 2.0, multiple Walker S2 and Cruzr S2 units collaborated with UQI Youqi's lifting mobile robot Wali U600 and unmanned logistics vehicle Chitu to successfully demonstrate the full-process operation from material入库搬运 to intelligent sorting. By applying the industrial humanoid robot collaborative intelligent agent Co-Agent, Walker S2 and Cruzr S2 were transformed into "intelligent agents" with specific functions (such as搬运 intelligent agents, sorting intelligent agents, and other roles). This AI dual-loop system composed of Group Brain Network 2.0 and Co-Agent ensures both single-machine autonomous decision-making capabilities and emergent swarm collaborative intelligence, effectively improving overall operational efficiency.

02/

He Wang of Galaxy Universal Delivers Keynote at Main Forum

Showcasing the World's First Robot Powered by Thor Chip

He Wang, founder and CTO of Galaxy Universal and assistant professor at Peking University, delivered a report titled "Synthetic Data as Wings: Driving the Commercial Takeoff of Humanoid Robots" at the main forum. He argued that for humanoid robots to achieve large-scale commercial deployment, they currently face a major challenge — the data scarcity problem, and this data must include motion data. The deep integration of physical simulation and computer graphics can build a complete data augmentation and generation solution. Specifically, through computer graphics techniques, the physical laws of the real world can be fully migrated to computational simulation environments, enabling large-scale interactive object assets. Leveraging Galaxy Universal's accumulated synthetic pipeline, large amounts of motion data can be generated. This data can be produced through direct synthesis or through reinforcement learning, allowing humanoid robots to generate data through autonomous exploration. Whether directly synthesized or generated through reinforcement learning trial and error, the data can be further verified and optimized through simulators. Then, renderers are used to convert this data into visual data. Finally, through Sim2Real (simulation to reality) technology transfer, the trained models are directly deployed in the real world, driving commercial applications of humanoid robots.

He Wang, founder and CTO of Galaxy Universal, assistant professor at Peking University

At the concurrent event "Industry-Finance Linkage: Reconstructing the Value Density of Robotics from Laboratory to Industry," regarding the development prospects of China's robotics industry, Wang noted that China possesses the world's richest industrial chain and application scenarios, and will be the first to achieve breakthroughs in the field of embodied intelligent robots. This advantage, combined with synthetic data technology, is expected to propel China to become a global leader in embodied intelligence.

Additionally, on the eve of the World Robot Conference, Galaxy Universal announced the launch of the world's first fully autonomous humanoid robot retail pod, Galaxy Space Pod, at Zhongguancun Darong City; during this year's conference, Galaxy Universal brought its "robot convenience store" to the exhibition floor, showcasing its embodied large-model robot Galbot — from end-to-end embodied large-model technology live demonstrations in the foyer, to full-scenario applications covering commercial, industrial, and urban services at the autonomous booth, to real commercial sales in the reception area. Galbot operated throughout without teleoperation, running efficiently and becoming the center of attention.

Galaxy Universal and NVIDIA jointly launched the first robot application powered by the NVIDIA Jetson Thor chip. As China's first robot equipped with the NVIDIA Jetson Thor chip, the Galbot G1 Premium completed industrial scenario applications. In the live demonstration, the chip-equipped robot demonstrated smooth motion performance and real-time bin visual processing and motion planning capabilities, with significantly improved speed.

03/

DH-Robotics Unveils DH-5-6 Tactile Dexterous Hand

During the World Robot Conference, DH-Robotics unveiled its second-generation dexterous hand — the DH-5-6 tactile dexterous hand, and showcased innovative applications including chip夹持, mahjong夹持, dumbbell lifting, general insertion and removal, CPU assembly stations, teleoperation, and magnetic levitation ring lines.

The DH-5-6 dexterous hand can be optionally equipped with array high-sensitivity tactile sensors, placed at key contact areas such as fingertips and palms, enabling precise perception of object material, texture, shape, softness, sliding state, and pressure changes. Based on ionic active layers and microstructure design, its biomimetic perception capability can real-time capture three-dimensional force field changes including contact surface pressure distribution, material texture characteristics, and micro-sliding trends.

Through systematic optimization and upgrades to the drive solution and transmission structure, the DH-5-6 dexterous hand achieved a major breakthrough in grasping lifespan, with reliable operation cycles exceeding 1 million times. Compared to the industry standard of 100,000 to 300,000 cycles for conventional products, this represents an improvement of more than 3x, fully meeting stable operation requirements in long-term high-frequency operation scenarios.

DH-Robotics has established a mature supply chain system and large-scale manufacturing capabilities. To date, DH-Robotics has completed deliveries of over 200,000 sets of electric grippers, servo electric cylinders, voice coil actuators, anthropomorphic dexterous hands, iFM intelligent flexible motion systems, and drives, with electric actuator product sales ranking first in China.

04/

Hesai Technology Showcases Two Core Product Solutions

Empowering Robot Perception Enhancement with Automotive-Grade Technology

Hesai Technology brought its latest LiDAR technology to this year's World Robot Conference, showcasing two core product solutions for robotics scenarios — the miniaturized ultra-hemispherical 3D LiDAR JT series and the next-generation automotive-grade pure solid-state LiDAR FTX. Both products adhere to Hesai Technology's automotive-grade reliability standards and self-developed fourth-generation chip technology architecture, providing a hardware foundation for robot perception enhancement and empowering the industry toward high-level autonomy.

At the exhibition, Vbot's first intelligent companion robot and Robot Era's humanoid service robot Star Motion Q5, both equipped with Hesai Technology's JT series LiDAR, became focal points. As the optimal sensor for robot mobility, LiDAR enables robots to precisely localize, stably navigate, and nimbly avoid obstacles through its 3D spatial understanding, significantly improving their interaction efficiency with the physical world. Meanwhile, LiDAR plays a key role in the robot's "perception-decision-execution" closed-loop system, with its high-quality environmental data effectively driving algorithm model iteration and accelerating robot intelligence advancement.

05/

Yunji Technology Builds Future Intelligent Agent Ecosystem Paradise

Through Immersive Experience Scenarios

During the World Robot Conference, Yunji Technology, under the theme "YUNI'S HAPPYLAND," breakthroughly created the world's first "robot theme park-style exhibition area." Through six immersive experience scenarios, it demonstrated to the world how AI intelligent agents, through group collaboration, are pushing the service robot industry into the "Next Level" era.

Yunji Technology's core product, the composite polymorphic robot UP, achieves breakthrough innovation of "one machine, multiple functions, time-sharing multiplexing" through its pioneering modular design. Through the world's first "1+N+AIoT" modular architecture, the UP robot supports second-level function switching, with its self-developed universal chassis adaptable to multiple functional upper modules, flexibly covering various service scenarios.

Yunji Technology always starts from demand, enabling robots in spaces like hotels to understand customer needs, break down customer needs, and anticipate customer needs — continuously breaking through in demand density, response elasticity, and service quality. It upgrades the previous mechanical and passive service response to comprehensive, chain-like anticipatory service.

06/

3 Qiming Venture Partners Portfolio Companies Make China's Most

Investable and Most Promising Robotics Company Lists

During the World Robot Conference, the TOP 20 Most Investable Robotics Companies in China and TOP 30 Most Promising Robotics Companies in China awards were announced at the robotics venture capital themed exchange event. The former focuses on growth-stage enterprises, comprehensively evaluating commercialization progress, product maturity, global technological leadership or influence, and other indicators; the latter emphasizes startup and early-stage companies, focusing on factors such as technological disruptiveness, CEO and team capabilities, and market business competitiveness.

Qiming Venture Partners portfolio company Galaxy Universal made the TOP 20 Most Investable Robotics Companies in China list; Tashi Zhihang and Yuanling AI made the TOP 30 Most Promising Robotics Companies in China list.

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Qiming Venture Partners was founded in 2006. Currently, Qiming Venture Partners manages 11 USD funds and 7 RMB funds, with total assets under management reaching $9.5 billion. Since its establishment, it has focused on investing in outstanding early and growth-stage companies in Technology and Healthcare innovation.

To date, Qiming Venture Partners has invested in over 580 high-growth innovative enterprises, of which more than 210 have listed on the New York Stock Exchange, NASDAQ, Hong Kong Exchanges and Clearing Limited, Shanghai Stock Exchange, and Shenzhen Stock Exchange, or exited through mergers and acquisitions. Over 80 companies have become recognized unicorns or super-unicorns.

Many Qiming Venture Partners portfolio companies have grown into the most influential companies in their respective fields, including Xiaomi (01810.HK), Meituan (03690.HK), Bilibili (NASDAQ:BILI, 09626.HK), Zhihu (NYSE:ZH, 02390.HK), Roborock (688169.SH), UBTECH (09880.HK), WeRide (NASDAQ:WRD), Insta360 (688775.SH), Gan & Lee Pharmaceuticals (603087.SH), Tigermed (300347.SZ, 03347.HK), Zai Lab (NASDAQ:ZLAB, 09688.HK), CanSino Biologics (688185.SH, 06185.HK), Schrödinger (NASDAQ:SDGR), MicroPort EP MedTech (688617.SH), Sanyou Medical (688085.SH), Amoy Diagnostics (300685.SZ), Berry Genomics (000710.SZ), SinoCellTech (688520.SH), Yuanxin Technology, Insilico Medicine, MediLink Therapeutics, LaNova Medicines, Zhipu AI, StepFun, Biren Technology, and others.