China’s Galbot Secures $153M, Launches Humanoid Robotics JV with Boyuan Capital

Beijing-based humanoid robotics startup Galbot has formed a joint venture with Boyuan Capital, the market-oriented investment platform under the Bosch Group. Announced on June 17, 2025, the JV is called BOYIN INNOVATION ALLIANCE and aims to advance the development of general-purpose humanoid robots powered by embodied AI.

The announcement comes as Galbot raised RMB 1.1 billion (approximately $153 million) in its latest funding round—reportedly the largest single-round investment in China’s humanoid robotics sector to date. The round was co-led by battery giant CATL and its investment arm Puquan Capital, with additional backing from China Development Bank’s venture arm, the Beijing Robotics Industry Fund, and Jiyuan Capital.

The partnership was unveiled during the “Open Bosch: Embodied AI Day”, when  Boyuan Capital, Galbot and Bosch China, signed a strategic MOU.  The newly formed joint venture, BOYIN INNOVATION ALLIANCE, will focus on applying embodied AI to high-precision manufacturing tasks, such as complex assembly processes.

By leveraging Galbot’s proprietary Embodied AI models, trained on real-world industrial data, the JV plans to replace traditional rule-based automation with intelligent robotic systems capable of adapting to dynamic production environments. The goal is to scale embodied AI from experimental deployments to real-world industrial use. The alliance adopts a “global design, local production” strategy and plans to serve markets in Europe, North America, and Southeast Asia.

Founded in May 2023 by Professor Wang He from Peking University, Galbot has rapidly become a leading name in embodied AI. The company has raised over RMB 2.4 billion ($330 million) in total funding and reached unicorn status in early 2025. Its robots are already generating revenue from commercial deployments, with each unit capable of replacing three labor shifts over a three-year span.

Galbot’s humanoid robots were showcased at the launch event, demonstrating autonomous performance in complex retail and automotive scenarios. The company’s technology stack includes an end-to-end Vision-Language-Action (VLA) model, a proprietary dataset of over 10 billion robotic actions, and advanced hardware optimized for real-world applications. A joint lab with UAES, called RoboFab, has also been launched to deepen the use of embodied AI in automotive manufacturing.

Galbot’s rapid rise is backed by major investors, including GGV Capital, China Development Bank’s venture arm, and CATL Capital, reflecting growing confidence in China’s push toward embodied intelligence. While the sector is attracting strong capital inflows, analysts note that achieving full-scale commercialization remains a challenge. Still, Galbot’s robust technical foundation and strategic partnerships are helping it stand out as a key contender in this emerging field.

Industry experts view the Bosch-Boyuan-Galbot alliance as a significant step forward for Embodied AI, with the potential to accelerate the adoption of intelligent robots in manufacturing. The collaboration unites Bosch’s industrial know-how, Boyuan’s financial backing and ecosystem network, and Galbot’s AI technologies—forming a strong foundation for scaling embodied robotics globally.

China is rapidly becoming a global hub for the development of humanoid robots. Bloomberg Intelligence expects the country to produce over half of the world’s humanoid robots this year. Long-term projections from UBS and Citigroup estimate that up to 2 million humanoid units will be deployed by 2035 and 300 million by 2050, with the market value possibly hitting $7 trillion. Galbot’s founder, Wang He, believes this marks the start of a new productivity era in which robots can take on continuous, labor-intensive tasks across various industries.