- New roundUSD 140M — Amount: Approx. RMB 1B; Approx. USD 140M; Led by Beijing High-Precision Industry Fund / Jingguosheng Fund / Huakong Fund (co-led). Single round of nearly RMB 1B is Acceleration Evolution's largest funding since inception and one of the largest single rounds in the domestic humanoid robot sector in 2026. All three lead investors are Beijing state-owned capital systems. From over RMB 100M in Nov 2025 to nearly RMB 1B in Apr 2026, single-round scale expanded nearly tenfold in five months—this leap corresponds to the realization of delivery data: Q1 2026 shipments grew 500% YoY, new orders in Jan-Feb grew over 800% YoY, backlog in hundreds of millions of yuan. Source: Zhongshang Industry Research Institute.
- New roundUSD 14M — Amount: Over RMB 100M (~USD 14M); Led by: IDG Capital | IDG Capital's entry was the most significant change in this round—previously, shareholders were mainly state-owned enterprises and Tsinghua-affiliated entities; IDG is the first top-tier market-oriented USD fund. Existing investors Source Code Capital, Innoangel Fund, Shenzhen Capital Group, and Bohua Capital all continued to invest, indicating secondary market recognition of delivery data. At this point, cumulative Series A funding approached RMB 500M. Funds mainly invested in product R&D upgrades, scaled mass production/delivery, and ecosystem platform construction. | Source: Robot Forward / TMTPost
- Sixth Round ClosingUndisclosed — Amount: Undisclosed; —; Led by: Undisclosed | The company announced the closing of its sixth round. Note: Different channels have inconsistent definitions of 'cumulative rounds' (Baidu Baike 2025-07 lists 4 rounds, China Commerce Industry Research Institute 2025-08 lists the sixth round, and another new round is noted for 2025-11). This page lists each disclosed transaction chronologically without unifying round numbering. In the same month, the company demonstrated AI autonomous movement with a 5x5 formation of 25 Booster T1 units. | Source: China Commerce Industry Research Institute
- Series A++ RoundUSD 14M — Amount: Over ¥100M; approx. $14M; Led by Beijing Robotics Industry Development Investment Fund (managed by Shoucheng Holdings) | Only one month after the Series A. The lead investor, the Beijing Robotics Industry Development Investment Fund managed by Shoucheng Holdings, was the same fund that first supported the company in March 2024—from initial investment to leading the round took one year and four months. Zhu Fangwen, Managing Partner at Shoucheng Capital, stated at the time that Accelerated Evolution was poised to become a key industry player due to superior product performance, rapid iteration, and stable whole-machine delivery. Concurrently, the company supported Tsinghua University's 'Fire God Team' to win the adult-size humanoid category championship at RoboCup 2025, achieving a zero-to-one breakthrough for Chinese teams in the event, with all top three teams using Accelerated Evolution products. | Source: Tencent Securities / Shoucheng Holdings
- Series A RoundUndisclosed — Amount: Not individually disclosed (Series A aggregate approx. RMB 500M); —; Led by Shenzhen Capital Group | 2025 was Accelerated Evolution's most intensive financing year: Series A in June, Series A+ in July, sixth round closing in August, new round in November — four deals in four months. Series A led by Shenzhen Capital Group marks the shift of state-owned capital from 'following' to 'leading'. | Source: Tencent Securities · Robot Outlook
- Pre-Series A RoundUndisclosed — closed its Pre-A round; Amount: RMB 100M+; led by Zhongguancun Science City. The company raised a RMB 100M+ Pre-A round just 15 months after its founding and was selected as one of the Top 50 Chinese Tech Robot Companies in 2024. In April 2024, it released the BR002 robot demonstrating turning and standing up actions; in August, the Booster T1 completed difficult tasks like kicking a ball and push-ups at WRC 2024—product progress aligned with financing pace. Source: Baidu Baike / China Commerce Industry Research Institute
- Beijing Robotics Fund SupportUndisclosed — Amount: undisclosed (cumulative financing exceeded RMB 100M); —; led by Beijing Robotics Industry Development Investment Fund | Accelerated Evolution was the first enterprise to receive support from the Beijing Robotics Industry Development Investment Fund, at which point cumulative financing had already exceeded RMB 100 million. This fund subsequently appeared in multiple rounds of the company's financing (leading the Series A+ round in July 2025), serving as a main thread for observing Beijing state-owned capital's layout in the humanoid robot sector. | Source: Zhongshang Industry Research Institute
- Angel RoundUndisclosed — Amount: Undisclosed; —; Led by: Inno Angel Fund | The investor composition of this round is highly 'Tsinghua-affiliated': Shuimu Tsinghua Alumni Seed Fund and Shuimu Ventures both originate from the Tsinghua alumni network, along with Inno Angel. Founder Cheng Hao graduated from Tsinghua University's Department of Automation, and Chief Scientist Zhao Mingguo is a researcher in Tsinghua's Department of Automation and Director of the Robot Control Laboratory. Some reports categorize Shuimu Ventures, Yinggang Capital, and Source Code Capital into the 'Angel+' round in April 2024, creating discrepancies regarding whether this is the same transaction; this page presents them merged chronologically. | Source: China Commerce Industry Research Institute / Baidu Baike
- Angel RoundUndisclosed — Amount: Undisclosed; Lead investor: Undisclosed. The company was registered on June 20, 2023. The founding team came from Tsinghua University's Robot Control Lab and the Tsinghua Fire God Football Team. They completed the development of a fully self-researched humanoid robot prototype (using force-controlled joints and bipedal design) within three months of establishment. The angel round closed just four months after founding, an extremely fast pace. Another channel records a seed round of RMB 7.6M in December 2023; whether this is the same as the angel round is unconfirmed, so both are listed here. Source: Baidu Baike / Zhongshang Industry Research Institute
Physix Frontier