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Home»Finance»Alibaba-affiliate Ant Group enters the humanoid robot market with 12 deals
Finance

Alibaba-affiliate Ant Group enters the humanoid robot market with 12 deals

July 2, 2026No Comments3 Mins Read
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Alibaba-affiliate Ant Group enters the humanoid robot market with 12 deals
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Zeroth W1, produced by Lexiang Know-how, has obtained the Wall-E IP authorization for the Disney animated movie “RoboCop” and can be unveiled at AWE 2026 in Shanghai, China on March 15, 2026.

Cfoto | Future Publishing | Getty Photos

BEIJING — Alibaba-affiliate Ant Group is ramping up its transfer into humanoid robots.

Ant has led a 500 million yuan ($73.58 million) funding spherical in humanoid robotics firm Zeroth, the start-up introduced Thursday.

It is the twelfth firm within the sector that Ant has invested in because the starting of 2025, in accordance with CNBC evaluation of PitchBook knowledge. The investments tracked by CNBC vary from humanoid robotics corporations Galaxea and Unitree, to elements and software program start-ups comparable to Linkerbot, Hypershell and Genrobot AI.

After regulators halted Ant’s large IPO in 2020, the operator of cellular funds app Alipay has launched a healthcare providers app and launched its personal synthetic intelligence fashions. In late 2024, Ant additionally established a humanoid robotic subsidiary referred to as RobbyAnt that subsequently developed its personal robotic.

Ant has launched an AI and robotics-friendly model of its Alipay cellular funds service, which is an space Zeroth mentioned it wish to cooperate in.

Monolith, Geely Capital, 37 Interactive Leisure and Hua Capital additionally participated in Zeroth’s newest funding spherical. The pre-Sequence A increase brings complete funds raised to 1 billion yuan.

The beginning-up’s founder, Guo Renjie, advised CNBC that Zeroth targeted on securing corporations with expertise in industries comparable to smartphone chips. He mentioned the corporate’s robots at present use chips from Horizon Robotics.

Zeroth Robotics, recognized in China as Suzhou JoyIn Clever Know-how, was based in late 2024.

The beginning-up plans a phased strategy to realizing humanoid robots for the house, Guo advised CNBC in an interview earlier this yr. The corporate is beginning with companionship robots for aged care and pet care, adopted by robots for kids’s schooling, he mentioned.

Zeroth claimed it has acquired orders for greater than 30,000 models, and that working income within the first half of the yr surged 600% from a yr in the past.

Guo mentioned he plans to begin abroad gross sales in North America and Europe this fall, as soon as the corporate clears native compliance necessities.

The Ant Group-led deal comes as curiosity in humanoid robots grows in China. Nvidia on Monday introduced it was hiring for a number of robotics roles primarily based in Beijing, Shanghai and Shenzhen.

Select CNBC as your most well-liked supply on Google and by no means miss a second from probably the most trusted title in enterprise information.

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