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Zerith has recently secured hundreds of millions of Chinese yuan—equivalent to tens of millions of US dollars—in its latest funding rounds, marking the third funding phase this year for the Chinese robotics company founded at the beginning of 2023.
Participants in the Angel+ round included Baohe Venture Capital, Cowin Capital Group, and Shenzhen Leaguer, while Waterwood Asset Management, Baohe Venture Capital, Mizuho Leaguer Investment, and Nanjing Ralph Entrepreneurship joined the Angel++ round, according to Zerith’s announcement yesterday.
The capital raised will be directed toward advancing the research and development of core algorithms for embodied intelligence tailored to specialized scenarios. This effort aims to speed up the deployment of embodied intelligence in commercial settings, facilitate the rapid growth of manufacturing facilities, and foster collaborations with industry investors, government bodies, and ecosystem developers to establish a data hub for embodied intelligence.
Founded by graduates of Tsinghua University from the “post-00s” generation, Zerith first raised tens of millions of yuan in angel funding in February. Unlike typical robotics entrepreneurs, the founding team consists of students from the university’s artificial intelligence and robotics laboratories, rather than industry veterans.
The team has achieved notable results in robot manipulation and motion control, publishing multiple papers in prestigious robotics conferences and journals such as Transactions on Robotics, Conference on Robot Learning, Conference on Robotics and Automation, and Intelligent Robots and Systems.
Zerith offers a holistic solution encompassing both hardware and software for embodied intelligence, along with a full data training and commercial service platform. Its product lineup includes the Z1 and H1 robots, with a focus on applications in hotel and restaurant service industries.
Since last month, Zerith has begun delivering the H1 robot gradually, with mass shipments expected to commence this month. The company aims to deliver 500 units this year and has already secured approximately $13.9 million (CNY100 million) worth of intended orders.
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