ZhiPingFang/SmartSquare

Embodied AI & Robotics
Series C RoundUSD 700M2026-06

Zhipingfang closed its Series C round, with a valuation exceeding RMB 10B, achieving 12 financing rounds in a year, the fastest globally. Investors include Baidu Strategic Investment, Shenzhen Capital Group, CRRC, etc., with the AlphaBrain fourth-generation VLA large model as the core technology.

View funding history →
Valuation
USD 2.9B (as of 2026-06)
Total funding
USD 900M
Data cutoff
2026-07-01

Company Profile

ZhiPingFang, founded in Shenzhen in early 2023, released NeuroVLA, the first open-source brain-like embodied system. The company has built proprietary production lines and plans 1,000 SmartCube scenarios. It is the first Greater Bay Area embodied intelligence firm valued above 20 billion yuan.

Founded
2023
Headquarters
Shenzhen, China
ZhiPingFang/SmartSquare - Profile | Physix Frontier