---
title: "D-Robotics Raises $400M Series C for Sunrise Robot Chips"
description: "D-Robotics closed a $400M Series C (Mirae led per Yicai) after claiming 8M+ Sunrise chip shipments and 20+ embodied-AI customers on S600 — who buys the silicon and why the round fits industrial robotics."
date: 2026-09-17T00:00:00.000Z
source: https://venturecapitaltracker.com/2026-d-robotics-400m-series-c-sunrise-chips
---

# D-Robotics Raises $400M Series C for Sunrise Robot Chips

> D-Robotics closed a $400M Series C (Mirae led per Yicai) after claiming 8M+ Sunrise chip shipments and 20+ embodied-AI customers on S600 — who buys the silicon and why the round fits industrial robotics.

**[D-Robotics](/startup/d-robotics)** closed a **$400 million** Series C announced **September 17, 2026**. **Yicai** named **Mirae Asset** as lead with **Meituan** and government-backed platforms in; the company **PR Newswire** release described a “leading global internet company,” institutions, and existing shareholders without naming Mirae.

See VCT's [robotics sector coverage](/industry/robotics) for related startups and funding activity.

this is a **silicon + stack** round with company-claimed **8 million+** Sunrise chip shipments — not a humanoid OEM raise dressed up as infrastructure.

## Key facts

| Field | Detail |
| --- | --- |
| Company | [D-Robotics](/startup/d-robotics) — Horizon Robotics spinout (Jan 2024) |
| Round | **$400M** Series C |
| Date | September 17, 2026 |
| Lead | Mirae Asset (Yicai); unnamed in company PR |
| Strategic | Meituan (Yicai); “global internet company” (PR) |
| Valuation | **Not disclosed** |
| Shipments (company) | Sunrise series **>8M** cumulative |
| S600 | Launched Nov 2025; **20+** embodied-AI customers in six months |
| Named customers | TARS, Spirit AI, X Square Robot, UBTECH, PaXini, Astribot, FOURIER, Booster Robotics |
| Revenue | H1 2026 “several times” YoY (company — no absolute dollar figure) |
| Use of proceeds | Sunrise portfolio across compute tiers; full-chain software (data → deploy) |

## Who uses the product — and for what job

**Users:** robot OEMs (humanoid, wheeled, companion, AMR), embodied-model teams needing edge compute, and universities/developers on RDK kits (company: 500+ universities, 100k+ developers, 20+ countries).

**Job:** buy a **compute + toolchain** substrate so a robot team is not reinventing chips, OS layers, and sim-to-deploy pipes. The Gravity Program (DGP) adds GTM and fundraising support for innovators — a platform play, not a single product SKU.

Named S600 adopters span humanoids and industrial wheeled robots; the release says the majority are already in **mass production**. That is the diligence line versus demo-stage peers covered alongside [Antioch](/2026-antioch-32m-series-a-greylock-physical-ai) (simulation) or [PHYMI](/2026-phymi-100m-seed-idg-embodied-ai) (embodied seed with amount fuzz).

## Why now

- Embodied AI moved from lab videos to **category boom** — OEMs need volume silicon and shared software rails.
- D-Robotics already printed large **2026 B rounds** (Yicai/Gasgoo summaries differ on B1/B2 splits; treat prior totals carefully). Series C funds the next compute tiers and a software platform that looks like “Nvidia for robots” messaging without claiming Nvidia parity.
- Cross-border capital (Korean asset manager + Chinese strategic) signals that robotics compute is treated as **industrial infrastructure**, not only domestic softtech.

## Why Mirae / Meituan — portfolio fit

**Mirae Asset** (per Yicai) brings large-check Asia growth capital into hardware platforms. **Meituan** adds distribution and ops adjacency for robots in logistics and services. Existing Horizon-era shareholders rolling forward keeps continuity after the 2024 spin.

**

| Investor | Fit |
| --- | --- |
| Mirae | Growth check size for hardware platforms |
| Meituan | Strategic customer/channel adjacency |
| Existing shareholders | Continuity post-spinout |

**Strategic rationale:** raise enough to fund multi-tier silicon and software without selling control to a single strategic that would limit OEM customers; keep Meituan as a partner, not the sole buyer.

## Competitive map

- **NVIDIA Jetson / Isaac** — global default outside China.
- **Horizon Robotics** — parent lineage; ADAS vs robotics focus.
- **Humanoid OEMs** — customers (UBTECH, FOURIER), not peer chip vendors.

Do not confuse **chip shipments** with robot units sold.

## What remains undisclosed

- Valuation and ownership.
- Absolute revenue and margins behind “several times” growth.
- Exact prior 2026 B-round totals (press conflicts).
- How much of S600 design wins are exclusive vs multi-sourced.

## Implication

If the shipment and mass-production claims hold, D-Robotics is a bet that **robotics scales like phones once compute is cheap and standardized** — and that Asia’s capital stack will keep funding the substrate while Western coverage stays stuck on humanoid demos. The unresolved question is whether Sunrise becomes a **default BOM line** outside China or remains a regional stack.

### Sources

1. PR Newswire (Sep 17, 2026): https://www.prnewswire.com/news-releases/d-robotics-completes-400-million-in-series-c-funding-driving-the-robotics-industry-into-a-boom-in-product-categories-302881297.html
2. Yicai Global: https://www.yicaiglobal.com/news/chinese-chipmaker-d-robotics-bags-usd400-million-in-latest-fundraiser-led-by-mirea-asset
3. TechNode: https://technode.com/2026/09/18/d-robotics-raises-400-million-in-series-c-funding/

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** September 19, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.