Sweet Potato Robot raises 1 billion in funding, with participation from Middle Eastern elites

On April 8, Sweet Potato Robot announced that it had completed a Series B2 financing round of $150 million (about RMB 1 billion), bringing its cumulative Series B financing to $270 million.

This round was backed by strategic investors including a retail technology and supply-chain giant, the Prosperity7 VC fund, and the Visionary Technology Group, as well as top-tier financial investors such as MuHua ChuangKe, YunFeng Capital, Huakong Capital (T-Capital), LOOK CAPITAL, and KAILIAN Capital. Existing shareholders including Gaoling Capital Venture, Hexuan Capital, Linear Capital, Huangpu River Capital, Didi, Wuyuan Capital, Chuxin Capital, Meihua Venture Capital, and Vertex Growth (under Temasek) also continued to participate.

Just 20 days ago, Sweet Potato Robot had completed a $120 million (about RMB 820 million) Series B1 financing round. In last May, it also completed a $100 million (about RMB 680 million) Series A financing round.

With this latest round added, Sweet Potato Robot’s publicly disclosed total financing amount has exceeded $370 million (about RMB 2.53 billion). The lineup of investors includes leading companies such as Didi, Meituan Longzhu, and BAIC Capital, as well as many well-known investment institutions such as Jinqiu Fund, Wuyuan Capital, and Huangpu River Capital.

Sweet Potato Robot’s predecessor was the Horizon AIoT division. In January 2024, it formally spun off. With a track record including over one million additional annual units shipped at the chip level, 70% of embodied intelligence enterprises covered, more than 400 robot enterprise customers, and over 100k robot developers, it has found itself in the convergence of both capital and market headwinds. Sweet Potato Robot CEO Wang Cong said this has also made them highly favored by investors, and the financing was almost inevitable.

In 2025, Sweet Potato Robot’s full-year shipment volume increased sharply by 180% year over year, while its number of customers grew by 200% year over year. Its leading customers achieved full-spectrum coverage—from established mainstream consumer-grade categories to cutting-edge embodied intelligence robots—and to date it has launched more than 100 robot products in total.

In the consumer robot market, Sweet Potato Robot’s Xuri (Sunrise) series smart computing chips had already shipped over 5 million units as of 2024. Customers include Ecovacs, Yunji Jing, and Yingshi Insta360. In the humanoid robot track, industry leaders such as Fourier, Accelerated Evolution, Ziqiwei Robot, Xingdong Yuan, Zhujili (Juqili) Power, and GAC Group have become the first global strategic customers for the S600.

Author’s statement: The content is quoted from off-site media.