XYZ Robotics
星猿哲
XYZ Robotics (星猿哲科技) is a Shanghai-based robotics company specializing in hand-eye coordination technology for logistics and industrial automation. Founded in 2018 by CMU robotics PhD Jiaji Zhou (CEO), MIT EECS PhD Guanting Yu (CTO), and Peking University master's graduate Liangbo Xing (COO), the company emerged from the team's record as the only group to place in the top three of the Amazon Robotics Picking Challenge for three consecutive years .
The company's core technology combines deep learning, 3D geometric vision, optimal motion planning, and a patented quick-change end-effector system to enable robots to "pick anything, place anywhere" — handling unregistered, variably shaped items in complex warehouse and factory settings . Its solutions target automated sorting, mixed-case palletizing, and industrial machine tending, with claims of 99.9% accuracy and payback periods around two years .
XYZ Robotics raised approximately $8 million in Series A funding led by Gaorong Capital and Morningside Venture Capital in 2019 , followed by a roughly $20 million Series A+ in 2020 led by Source Code Capital with continued participation from its earlier backers . It subsequently closed a $35 million Series B round in mid-2021, again with Source Code Capital increasing its stake . By that point, the company had expanded its customer base across e-commerce, logistics, consumer goods, pharmaceuticals, and industrial manufacturing .
AI-generated — may contain errors, please verify.
Coverage
The times have changed: VCs used to fight over talent, now VCs fight over…?
The World Hasn't Changed: In the End, It's Still a Scramble
Exclusive | Kathy Xu says she hasn't exited primary markets, and just invested in an AI company
The facts may not matter; what matters is the signal.
June, the World's Childhood | 5Y News Monthly
The big news from last month.
Source Code Capital | Source Code Capital Honored with "Top Investors and Investment Firms Across Ten Innovation Economy Sectors" Awards
Source Code Capital portfolio company "Lingkong Tianxing" announces completion of over 300 million yuan Series A funding round, with existing shareholder Source Code Capital continuing to increase its stake
The only high-tech enterprise in China engaged in commercial hypersonic flight technology.
Chemical.AI, an intelligent chemical synthesis platform, announced the completion of a nearly $15 million Series A+ funding round led by Source Code Capital.
Dedicated to solving new drug synthesis problems through artificial intelligence and chemical big data
Source Code Capital portfolio company Silicon Integrated announced the completion of a Series C financing round of several hundred million yuan. Source Code Capital was an investor in the company's Series B round.
Secured strategic investments from three major smartphone brands
What do CEOs of smart manufacturing companies talk about when they get together?
Stande, XYZ Robotics, Keenon, Chuxin... All the robotics companies you care about are right here.
5Y Talk|The Next Decade: Embracing the Age of Robots
5Y Capital is always searching for and backing promising technical founders — whether you're working in robotics, AI, or any other technology field, we'd love to hear from you.
Let's meet today — I'll be waiting for you at the Shenzhen office!
Source Code Capital's Shenzhen office is now officially open, embedding itself at the cutting edge of South China's tech innovation and riding the new wave of smart manufacturing!
Let’s Write the Code That Changes the World Together
Bring your curiosity and creativity. Join a frontier company. Change the world together.
AI-powered disease management platform "Jianhai Technology" announces completion of RMB 60 million Series A3 funding round, led by Source Code Capital
It covers over 400 hospitals at or above the second-tier grade, and is exploring the use of AI for disease management and treatment.
Source Code Capital Portfolio Company Cyclone Robotics Closes Nearly $40 Million Series B Round, Source Code Capital Continues to Increase Stake
Already serving hundreds of domestic clients across financial services, government, energy, and high-tech sectors.
Automotive parts supply chain company "Gandu Auto Parts" announced the completion of a seed and angel round totaling tens of millions of RMB, with Source Code Capital leading the angel round.
Over 100 international top-tier full-vehicle parts distributors and brand owners have joined the platform, with total SKUs exceeding 5 million.
Source Code Capital portfolio company "Ruigu Mall" announces completion of hundreds of millions of RMB in Series C2 funding; existing shareholder Source Code Capital continues to increase its stake
Covering nearly 100,000 end-customer locations across dozens of cities, with hundreds of thousands of electromechanical tools and hardware products delivered daily.
What were the big moments for us last month? | Light Moments August Report
IPOs, Funding, Strategic Partnerships, Awards... August in Review
Gaorong Monthly · August | Waterdrop Completes $230 Million Series D Funding; Gaorong Ventures Named Among 36Kr's "Top 5 Most GP-Trusted VC Firms by LPs"
Shuidi, Kaikeba, and other companies closed major funding rounds, while Gaorong Ventures received multiple industry honors.
HAI ROBOTICS, a logistics and warehousing robotics technology company, announced it has completed a financing round exceeding 100 million yuan, led by Source Code Capital in its Series B.
It has been deployed across 3PL, footwear and apparel, e-commerce, electronics, electric power, manufacturing, pharmaceuticals, and other industries.
Morningside-backed XYZ Robotics closes nearly $20 million Series A+ round | Light Moments
Morningside-backed portfolio company XYZ Robotics has closed a nearly $20 million Series A+ round.
XYZ Robotics, a company specializing in robotic hand-eye coordination application technology, announced the completion of a nearly $20 million Series A+ funding round led by Source Code Capital.
Deep learning, 3D geometric vision, and optimal motion planning algorithms enable fully automated sorting in category-specific warehouses.
Gaorong Report · July | Gaorong Ventures Ranked Top 5 VC Funds by Returns at 2020 China Fund of Funds Summit, Decoding Consumer Investment Logic Under the "Dual Circulation" Development Paradigm
Investment in consumer, technology and innovation, and healthcare sectors continues to gain recognition.
YITU was commissioned to build the national next-generation AI open innovation platform for visual computing, Pinduoduo and HUYA Inc. released their Q2 earnings...
More Gaorong Ventures innovation updates, all in the Rongbao newsletter.





















