A humanoid robotics startup from Shenzhen — known for building highly skilled and flexible robots — has received new funding from a China Mobile–backed investment fund. This shows how both the Chinese government and private companies are increasingly investing in the robotics sector.
Daimon Robotics Technology — co-founded by Wang Yu, the dean of the robotics institute at HKUST, and his student Duan Jianghua — announced on Wednesday that it has secured new investment.
The funding comes from Lianchang Fund, which is backed by China’s largest mobile operator.
Although the company did not reveal the amount, Daimon said this marks its fourth round of funding so far.
Daimon, considered one of the hottest startups in China’s robotics sector, has already raised “hundreds of millions of yuan” from major Chinese investors, including Lenovo Capital, Jinding Capital, and Incubator Group, the investment arm of China Merchants Group.
The company’s robots use advanced sensing technology developed at HKUST, which helps them understand things like how hard, soft, rough, or smooth an object is, and how it feels when they touch it.
The company added that it has successfully moved its technology “from the lab to the market.” Its visual-tactile systems, launched in April 2025, are now widely used by customers in both manufacturing and logistics.
The company said the investment from Lianchang Fund would be used for research and development, marketing as well as for the Vision Tactile Language Action model – an artificial intelligence framework designed to enhance robotic capabilities.
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