ENCOS

ENCOS (因克斯) is a Nanjing-based humanoid-robot and embodied-intelligence core-components company founded in 2022. It specializes in integrated joint actuators—the critical upstream hardware for humanoid robots—and has built a full-stack in-house capability spanning drives, reducers, motors, encoders and communication modules, plus self-built production lines .

The company is best known as what Oasis Capital calls "the largest domestic manufacturer" of integrated joints for embodied intelligence . Its product matrix covers planetary, harmonic and cycloidal joint series, with a standardized catalog that lets downstream robot makers shortcut their own R&D cycles; it also produces dexterous hands, smart batteries and communication modules . ENCOS began developing hollow-bore joints for humanoid wiring as early as 2023 and scaled them to mass production by 2025, with new 14 mm ultra-large hollow-bore products announced late that year .

On the commercial side, ENCOS claims to be the first joint-module supplier in the embodied-intelligence space to ship more than 100,000 units in a single year (2025), and is now building out million-unit capacity . It has also pushed into overseas markets, exhibiting at Korea's Robotworld 2025 in November and joining Alibaba.com in May 2026 .

Funding has come rapidly: a tens-of-millions-yuan angel round led by Oasis Capital in October 2024, two follow-on rounds in 2025, and a roughly RMB 200 million round in December 2025 co-led by Huakong Fund and Shenzhen Capital Group, with Oasis reinvesting at an oversubscribed level each time . Oasis Capital, which began betting on embodied intelligence in 2023, treats ENCOS as a core portfolio holding alongside the likes of Qianxun Intelligence and LimX Dynamics .