---
title: "Zhishen Technology completes hundreds of millions in Series B financing, led by Stone Venture"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/299570091.md"
description: "ZhiShen Technology has completed a Series B financing of hundreds of millions of yuan, led by Stone Venture, with several institutions including Hongshan Capital participating in the follow-up investment. The company was established in 2023 and focuses on the field of embodied intelligence. Meanwhile, the Ministry of Industry and Information Technology has released a standard system for humanoid robots, and Shenzhen has issued an industrial development plan. Companies like UBTECH ROBOTICS have achieved delivery applications in the industrial sector, and the industry has entered a phase of parallel production verification and standardization"
datetime: "2026-09-20T23:50:09.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/299570091.md)
  - [en](https://longbridge.com/en/news/299570091.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/299570091.md)
generator: "portal-rs"
---

# Zhishen Technology completes hundreds of millions in Series B financing, led by Stone Venture

**On September 21, the Science and Technology Innovation Board Daily reported that** recently, Zhishen Technology (Beijing) Co., Ltd. (hereinafter referred to as "Zhishen Technology") completed a Series B financing round, raising hundreds of millions of yuan. This round of financing was led by Stone Venture, with follow-on investments from Hongshan Capital, Yueke Financial, Wuzhong Rongyue, Wuzhong Jinkong, Neusoft Group, Haopeng Technology, Yuanzhi Capital, and Riying Electronics.

According to the financial news agency Caixin's investment data platform—Zhizhong Data, based on a forecast benchmark time of September 2026, the financing forecast rate for Zhishen Technology over the next two years is 75.06%.

Zhishen Technology was established in 2023 and is headquartered in Daxing District, Beijing. It is a technology company focused on the field of embodied intelligence.

The embodied intelligence sector is entering a phase of parallel production verification and standardization, with industrialization becoming the core development direction.

In terms of competitive landscape, UBTECH ROBOTICS has achieved sales of 1,079 full-size embodied intelligent humanoid robots, becoming the world's first company to deliver over 1,000 industrial humanoid robots. Its products have been applied in industrial fields such as automotive manufacturing, smart logistics, and 3C electronics manufacturing. As of the end of 2025, Yundongchu has produced over 5,500 quadruped and wheeled robots, with its power inspection solution successfully implemented in the Singapore Energy Group's pipeline tunnel project in 2024, completing the first batch of deliveries in the second phase the following year. Daka Robotics' dual-arm dexterous humanoid robot starts at a price of only 69,800 yuan and ranked among the top three in the autonomous sorting competition for pharmaceuticals. Its ton-level heavy-duty robotic horse can carry a maximum load of 1,000KG and has established deep cooperation with leading global retail companies and logistics firms, achieving rapid growth in thousands of orders.

In terms of policy, the Ministry of Industry and Information Technology released the "Humanoid Robot and Embodied Intelligence Standard System (2026 Edition)" in February 2026, which is China's first top-level design covering the entire industrial chain and lifecycle of humanoid robots, consisting of six parts: basic commonality, brain-like and intelligent computing, limbs and components, complete machines and systems, applications, and safety ethics. The Shenzhen Municipal Bureau of Industry and Information Technology and the Shenzhen Municipal Bureau of Science and Technology Innovation issued the "Shenzhen Work Plan for Promoting High-Quality Development of the Intelligent Robot Industry (2026-2028)" in September 2026, proposing to focus on key technologies in areas such as the autonomous ecological toolchain for embodied intelligence, embodied intelligence models, humanoid robot bodies, and the localization of core components.

In terms of market space, TrendForce estimates that the market size of humanoid robots in China will reach 15 billion yuan by 2026, and with the expansion of production scale and the increase in application scenarios, the market size is expected to maintain at least 60% growth in 2027.

In terms of industry trends, Huatai Securities pointed out that as the industry matures further and more companies go public, with the secondary market starting to provide pricing, it will be difficult to continue pricing solely based on financing rounds and technological narratives; industry resources may further concentrate on leading companies with existing revenues, while companies that only have technological concepts without orders will find it harder to obtain financing support. WanLian Securities noted that 2026 is a critical window for production verification and scenario implementation, with market focus shifting from motion capabilities to the feasibility of mass production and factory deployment, with core advantages for manufacturers that achieve stable replacements for human labor first In terms of industry risks, Changjiang Securities pointed out that various new technologies in humanoid robots, lithium battery equipment, and controllable nuclear fusion are on the brink of industrialization. If the economic benefits of these new technologies are not ideal, costs are high, or they are affected by other technological routes, the implementation of these technologies may fall short of expectations, which could impact the demand for related new technology equipment

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**