Qianxun Intelligence funding, valuation and investors

Overview

Qianxun Intelligence (Spirit AI, 千寻智能) is a Hangzhou- and Beijing-based embodied-intelligence company founded in January 2024 by Han Fengtao, former co-founder and CTO of industrial-robotics firm Luoshi Robotics. The company builds a full stack: self-developed Vision-Language-Action (VLA) foundation models under the Spirit brand, the Moz humanoid robot line, and a large-scale real-world data collection network. Spirit models target generalizable manipulation—flexible-object tasks, hinge operations, and long-horizon workflows—with open-sourced versions ranking on RoboChallenge benchmarks. Qianxun closed a 1.5 billion yuan Series A+ round in June 2026, its fourth financing in three months, bringing disclosed totals above 4.5 billion yuan. The company deploys in manufacturing, logistics, retail, and commercial services, with reported strategic partnerships including Bosch.

Why Qianxun Intelligence is interesting

Qianxun raised four large rounds in roughly three months while China's broader embodied-AI funding cooled—capital is concentrating in teams that pair a robot "brain" with real factory data, not demo videos alone.

Product & use cases

Qianxun develops embodied foundation models (Spirit VLA family) and Moz humanoid hardware as an integrated stack. Models fuse vision, language, and action for on-site manipulation; data comes from wearable capture devices and professional collection teams across Chinese cities rather than simulation-only training.

• Factory and warehouse manipulation tasks requiring force-aware humanoid control
• Retail and commercial service automation in Chinese industrial deployments
• Battery and new-energy manufacturing partnerships (reported enterprise pilots)
• Open-source Spirit models for researchers benchmarking real-machine robot tasks

Key facts

• Series A+ (Jun 2026): 1.5B yuan (~$207M); fourth round in three months
• Total disclosed funding exceeds 4.5B yuan across rapid 2026 raises
• Spirit v1.5 open-source model ranked #1 on RoboChallenge Table30 (Jan 2026)
• Moz1 humanoid: 26 DOF, integrated force-control joints, enterprise logistics focus
• Founder Han Fengtao delivered 20,000+ industrial robots at prior company Luoshi
• Targeting 1M+ hours of real interaction data in 2026 via wearable capture rigs

Funding history (newest first)

Competitive landscape

Edge: Industrial-robotics founder pedigree plus aggressive real-world data flywheel—"dirty data" diversity over lab-clean demos—and unusually fast capital formation for full-stack brain + body development.

China's embodied-AI sector is consolidating around teams that can fund hardware, models, and field data simultaneously. Qianxun's risk is valuation ahead of scaled revenue; its edge is speed of fundraising, open-source benchmark wins, and industrial partnerships as the category shifts from demos to deployment.

• Unitree Robotics direct

  Chinese humanoid and quadruped leader; Qianxun emphasizes VLA brain and industrial data moat.

• Agibot (Zhiyuan Robotics) direct

  Well-funded Chinese embodied-AI peer racing for factory deployment at scale.

• Figure AI adjacent

  U.S. humanoid leader; competes for global embodied-AI mindshare and capital benchmarks.

• Luoshi Robotics adjacent

  Founder's prior industrial-robotics firm; Qianxun pivots from traditional arms to embodied AI.

Notable stories

• Han Fengtao founded Qianxun in February 2024 after a decade building Luoshi Robotics, where he helped deliver more than 20,000 industrial robots (Baidu Baike).
• Spirit v1.5 became the first Chinese open-source embodied model to top RoboChallenge's real-machine ranking with 66.09 points in January 2026 (company announcement).

Industries

Related funding articles

Venture Capital Tracker pieces that cover Qianxun Intelligence's financing or category context.

• Qianxun Intelligence's 1.5B Yuan Round: China's Embodied-AI Funding Sprint