Beijing State-Owned Capital and Xiaomi Back Industrial AI Startup Xiaoyu Zhizao withYuan-Level Series A Funding
Beijing, December 10,2024 – Beijing Xiaoyu Zhizao Technology Co., Ltd. (Xiaoyu Zhizao), a leading developer of large language model (LLM) technology for industrial robots, today announced it has secured a Yuan-level Series A funding round, exclusively invested by the Beijing Information Industry Development Investment Fund.This follows a Yuan-level angel round secured earlier this year from Xiaomi Group, Professor Wang Tianmiao, and the Beijing Academy of Artificial Intelligence.
This significant investment underscores the growing interest in applying advanced AI to industrial automation and highlights Xiaoyu Zhizao’s rapid progress in developing a general-purpose brain for robots. The company’s technology aims to revolutionize traditional manufacturing through its innovative large model + manufacturing approach.
Xiaoyu Zhizao, foundedin January 2023, boasts a core team of experts from prominent tech companies including Xiaomi, Microsoft, Huawei, and ByteDance. Its founders, Qiao Zhongliang (a founding member of Xiaomi and former head of MIUI R&D) and Wang Wenlin (former General Manager of Xiaomi’sSoftware System Platform Department and lead developer of Xiaomi Brain), bring a wealth of experience to the venture.
The company’s flagship product, Xiaoyu Brain, is a self-developed LLM solution designed to enable robots to adapt to diverse industrial tasks. Xiaoyu Zhizao has already forged partnerships with majorplayers like Panasonic, focusing initially on smart welding robots for applications in aerospace and shipbuilding. The company’s technology is poised to expand into other manufacturing sectors.
The Beijing Information Industry Development Investment Fund’s investment not only provides crucial capital but also signifies Beijing’s strategic commitment to fostering advancements in embodied AI.Xiaoyu Zhizao intends to leverage this support and Beijing’s robust industrial ecosystem to accelerate technological innovation and commercialization, contributing significantly to the city’s burgeoning digital economy.
The Significance of the Investment:
This investment represents a significant milestone for several reasons:
- State-backed support: The exclusiveinvestment from a Beijing state-owned fund demonstrates confidence in Xiaoyu Zhizao’s technology and its potential to drive economic growth within the city.
- Xiaomi’s continued commitment to AI: Xiaomi’s participation in the angel round and continued support through the Beijing Information Industry Development Investment Fund highlights the tech giant’s strategic focus on AI and its applications in industrial settings.
- Accelerated industrial automation: Xiaoyu Zhizao’s technology has the potential to significantly accelerate the automation of various industrial processes, boosting efficiency and productivity.
- Beijing’s push for digital economy: The investment aligns with Beijing’s broaderstrategy to cultivate a thriving digital economy, fostering innovation and attracting investment in key technological sectors.
Looking Ahead:
Xiaoyu Zhizao’s future plans include expanding its technological capabilities, broadening its industry partnerships, and further developing its Xiaoyu Brain to address a wider range of industrial applications. The company’s success will be closely watched as a key indicator of the potential of LLMs to transform the manufacturing landscape.
References:
- 钛媒体AGI. (December 10, 2024). Beijing State-Owned Capital and Xiaomi Back Industrial AI Startup Xiaoyu Zhizao with Yuan-Level Series A Funding. [Online]. Available at: [Insert actual link to the Ti Media AGI article here]
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