Unity Ventures Early Bet Momenta Files for Hong Kong IPO, Over a Dozen Portfolio Companies Announce Funding Rounds | Unity Ventures Summer Review
From Embodied Artificial Intelligence and world models to controlled nuclear fusion and quantum computing, the frontier of exploration knows no bounds.
Unity Ventures Portfolio: Funding Updates
"D-Robotics Secures Additional $150 Million Investment! Series B Total Reaches $270 Million, Accelerating Global Business Expansion"
D-Robotics recently announced the completion of its $150 million Series B2 round, bringing total Series B funding to $270 million. The company will accelerate the globalization of its commercial and developer ecosystem. In 2025, D-Robotics' annual shipments surged 180% year-over-year, with customer numbers growing 200%. Its top-tier clients now span the full spectrum from mature consumer categories to cutting-edge embodied intelligence robots. To date, D-Robotics has launched over 100 robot products and has become the "greatest common denominator" behind an increasing number of hit products. (Learn more)
"Independent Variable Robotics Closes Four Rounds in Two Months, Valuation Exceeds 20 Billion Yuan"
Independent Variable Robotics announced the consecutive completion of four funding rounds, with post-money valuation surpassing 20 billion yuan, all capital delivered and funds fully received. Among domestic embodied intelligence companies, Independent Variable is currently the only one to have been led and continuously backed by all four major tech giants — Meituan, Alibaba, ByteDance, and Xiaomi. The company recently released WALL-B, the world's first embodied large model based on a world unified model architecture; the open-source embodied foundation model WALL-OSS-0.5; and WALL-WM, the world's first world model with event-level prediction capability. (Learn more)
"Moying Technology Announces Over 100 Million Yuan Series B Round, Building the 'Android Ecosystem' for Industrial Robots"
Moying Technology announced the completion of a Series B round exceeding 100 million yuan. Built on its Baichuan collaborative programming platform and Tiangong flexible manufacturing management system, the company is constructing an "Android ecosystem" for industrial robots. Moying's mobile collaborative robots already serve multiple global manufacturing leaders, with commercial deployments in 3C electronics, semiconductor packaging and testing, liquid cooling processing, and optical module processing — forming a sustainable business loop of "standard product output → full-factory intelligent upgrade → ecosystem value monetization." (Learn more)
"Former Huawei Embodied Intelligence 'Employee No. 1' Shunbo Zhou Launches Ola Dimensions, Closes Three Rounds Within Three Months"
Ola Dimensions announced the completion of an angel round of hundreds of millions of yuan with participation from Unity Ventures, marking its third funding round within three months. Founder Shunbo Zhou was Huawei's first employee in embodied intelligence and a company-level chief expert, as well as Huawei's only "Genius Youth" recruit brought in specifically for "intelligent robots." The company defines its first product as "a family robot that anyone can raise," with a drive model enabling genuine progressive evolution in the physical world. (Learn more)
"Aether AI Completes $20 Million Funding Round, Driving Next-Generation AI Paradigm Shift with Causal World Models"
Aether AI announced the completion of its first funding round with participation from Unity Ventures. Founded by Biwei Huang, assistant professor at UC San Diego, Aether AI is building a new generation of AI systems that understand how the real world works — enabling machines to reason, predict, and make decisions in complex environments. With cutting-edge research积累 and scalable engineering experience in causal AI, the team is pushing AI from "correlation" to "causality," providing foundational capabilities for robotics, Physical AI, and future general intelligence. (Learn more)
"Jingying Technology Secures Tens of Millions of Dollars in Funding, Former AWS Chief Applied Scientist Joins as Agent-Native Content Company"
Jingying Technology announced the completion of a new round of Series A and A+ funding totaling tens of millions of dollars, alongside the announcement that Minjie Wang — former chief applied scientist at the AWS Shanghai AI Research Institute and current dean of the Shanghai Institute of Intelligent Interdisciplinary Innovation at The University of Hong Kong — has joined as chief scientist. Jingying Technology provides the content industry with an agent "that can connect and self-evolve" in a reinforcement learning environment, accelerating its transformation into an agent-native company in this space. (Learn more)
"AlignBase Completes Hundreds of Millions of Yuan in Funding, Building New Foundation for Industrial AI with 'Full-Element Large Model'"
AlignBase announced the completion of three funding rounds totaling hundreds of millions of yuan. Centered on its "full-element large model" technology system, the company focuses on driving deep deployment of large models in core industrial manufacturing scenarios. Founder Zonghong Dai previously served as co-founder and AI Infra VP at 01.AI, AI CTO at Huawei Cloud, and AI Infra director at Alibaba's DAMO Academy. AlignBase has already delivered multiple benchmark projects in metal metallurgy, petrochemicals, electronics manufacturing, and textiles, pushing its "full-element large model" from single-scenario validation toward multi-industry, multi-scenario deployment. (Learn more)
"Star Ring Fusion Energy Completes 500 Million Yuan Series A+ Round, Total Funding Exceeds 2 Billion Yuan"
Star Ring Fusion Energy announced the completion of a 500 million yuan Series A+ round, bringing total funding to over 2 billion yuan. This round was completed rapidly following the January 2026 Series A round (1 billion yuan, led by Shanghai state capital). Funds will continue to support core engineering priorities: construction of the Shanghai Jiading experimental base, installation and operation of the NTST (negative triangularity spherical tokamak), continued iteration of the CTRFR-1 (Star Ring No. 1) design, and engineering translation of key technologies including fusion-reactor-grade high-temperature superconducting magnet production and AI plasma control. (Learn more)
"MatriQ Atom Matrix Completes Three Consecutive Rounds Totaling Hundreds of Millions of Yuan in Six Months, Accelerating Toward Logical Qubits and Commercial Delivery"
MatriQ Atom Matrix announced the completion of its Series A round, having closed three consecutive rounds totaling hundreds of millions of yuan within six months. The team recently demonstrated key capabilities for scalable neutral-atom quantum computing systems, reaching international frontier standards, and has completed technical finalization and commercial refinement of its first commercial product — transitioning fully from R&D to market commercialization, advancing pilot partnerships and scenario testing. (Learn more)
"Aviation Industry Veteran Leads eVTOL Developer Flight Era to Four Funding Rounds in One Year"
Flight Era has completed consecutive angel+ and angel++ rounds totaling over 50 million yuan. As the first domestic company to adopt a "range-extended + full tilt-rotor" eVTOL configuration, Flight Era has secured four funding rounds within less than a year, with total financing exceeding 100 million yuan. Its independently developed range-extended full tilt-rotor eVTOL debut product, the F2500ERF, recently rolled off the production line, achieving an engineering breakthrough in this product configuration. (Learn more)
"Chuhang Technology Completes Series C Round, Continues Expanding Lead in Spatial Intelligent Perception"
Chuhang Technology announced the completion of its Series C round. The company has established a scaled product matrix including forward-looking radar, corner radar, vital signs radar, and 4D high-precision radar, entering the supply chains of nearly 30 automakers including Leapmotor, Geely, Chery Automobile, Great Wall Motor, BAIC Group, and Dongfeng, with designated projects for nearly 90 mainstream models and mass production in over 20 models. The company is also accelerating strategic expansion into consumer emerging sectors including two-wheelers, robots, drones, and wellness. (Learn more)
"YolTech Therapeutics Completes Nearly 500 Million Yuan Series C Round"
YolTech Therapeutics recently announced the completion of a Series C round of nearly 500 million yuan. The company is dedicated to developing in vivo gene editing medicines with "one dose, lifetime cure" potential, with a world-class gene editing R&D team that has developed a portfolio of proprietary gene editors and LNP delivery systems. Six pipeline programs have entered clinical stages — the most of any company globally for in vivo gene editing pipelines. (Learn more)
"Endless Ark Completes Tens of Millions of Yuan Seed Round with Unity Ventures Participation, Oxford PhD Launches Anti-Aging Drug Venture"
Endless Ark announced the completion of a seed round of tens of millions of yuan with participation from Unity Ventures. The company focuses on longevity science and aging intervention. Founder Simiao Zhao completed both master's and PhD studies at Oxford University, entering aging research and joining the Longevity Biotech Fellowship. Co-founder and CTO Jingkun Zeng is a UC Berkeley postdoc who studied under CRISPR gene editing inventor and Nobel laureate Jennifer Doudna. (Learn more)
"Rongsu Technology Completes Nearly 100 Million Yuan Series A Round, Accelerating DED Additive Manufacturing Industrialization"
Rongsu Technology announced the completion of a Series A round of nearly 100 million yuan. The company focuses on next-generation DED wire-feed 3D printing technology, providing printing, equipment, and component services for medium-to-large part manufacturing needs in aerospace, steel metallurgy, and petrochemicals. Its STAR series products have already received orders from leading enterprises including AVIC, CRRC Capital, and CSSC. (Learn more)
Unity Ventures Portfolio: Major Milestones
"Momenta Receives CSRC Approval for Hong Kong IPO, Set to Become 'First Physical AI Stock'"
On June 18, Unity early-stage project Momenta received approval notice for overseas issuance and listing from the China Securities Regulatory Commission. According to the filing, Momenta plans to issue no more than 43,754,060 overseas-listed ordinary shares and list on the Hong Kong Stock Exchange. This approval marks a critical step in Momenta's capitalization process, positioning it to become the "first Physical AI stock." In April, Momenta's R7 world model achieved mass production debut, as Physical AI formally transitioned from technical concept to scaled mass production. (Learn more)
"Independent Variable Robotics Releases 'Event-Level' World Model WALL-WM, Teaching Models to Focus on What Matters"
Independent Variable Robotics launched WALL-WM — the first world model with "event-level prediction capability." Breaking from the old paradigm of "uniform temporal sampling," the model no longer mechanically predicts every frame but instead judges which moments truly matter. This approach addresses longstanding VLA issues while signaling that world model prediction has entered a domain guided by "judgment." (Learn more)
"D-Robotics and Independent Variable Robotics Form Strategic Partnership to Jointly Advance Embodied Large Model Deployment on Sunrise S600"
Two Unity portfolio companies, D-Robotics and Independent Variable Robotics, recently announced a strategic partnership. The two sides will focus on the most challenging home scenarios, jointly driving deep adaptation and deployment of Independent Variable's next-generation embodied intelligence foundation model on D-Robotics' high-performance edge AI computing platform Sunrise S600. Together they will create integrated hardware-software solutions to accelerate the scaled entry of service robots into homes. (Learn more)
"Noetix Robotics Signs Strategic Partnership with JD.com, Targeting One Million Users Within Three Years"
Noetix Robotics and JD.com signed a strategic cooperation framework agreement. The two sides will collaborate deeply on product design, user operations, and channel deployment, jointly driving Noetix Robotics' full product series to cover over one million users within three years — marking an important step in Noetix Robotics' commercialization. During the "618" shopping festival, Noetix Robotics swept the top spots on JD.com's humanoid robot category rankings for sales revenue, sales volume, and single-item sales. (Learn more)
"Novsight Technology Launches Chimo® P13, Opening New Chapter in Monolithic Multi-Color Displays"
Silicon-based Micro-LED solution provider Novsight Technology officially launched the Chimo® P13 monolithic multi-color micro-display. Through its monolithic multi-color approach, it effectively addresses pain points of monochrome displays including "insufficient information hierarchy, inadequate alert intuitiveness, and poor visibility in complex scenarios." The Chimo® P13 deployment not only fills the gap in silicon-based Micro-LED micro-display monolithic multi-color technology but also represents a milestone in Novsight's product matrix. (Learn more)
"Chinese-Funded Largest Solar-Storage Project in Romania Signed, Green Voltis Officially Partners with SANY Heavy Industry"
AI-native virtual power plant energy optimizer Green Voltis and SANY Heavy Industry formally signed a power trading optimization agreement for Romania's Dobresti 95MWp+218.8MWh solar-storage integrated project, with Green Voltis serving as Optimizer responsible for multi-market trading and operations across the entire project. This project represents not only SANY's first large-scale grid-connected solar-storage demonstration project in Europe but also the largest solar-storage integrated benchmark project by a Chinese-funded enterprise in Romania to date. (Learn more)
Generation and Judgment: My Notes on Sparring with AI | Unity Viewpoints
