88Z AI, 15 June — Daxiao Robotics has completed its Angel+ funding round, bringing its cumulative financing in the first half of the year to hundreds of millions of dollars. The round saw participation from investors such as Fortune Capital and Shenzhen Capital Group. The funds will be directed toward the development of world models and integrated hardware-software solutions. Its flagship product, Kaiwu World Model 3.0, is the world's first open-source mass-produced world model, ranking first in multiple authorit
At a glance
- Daxiao Robotics completes Angel+ round with hundreds of millions in cumulative H1 funding from investors like Fortune Capital and Shenzhen Capital Group.
- Kaiwu World Model 3.0 is the first open-source mass-produced world model, supporting 7-minute video generation and edge deployment.
The update
Daxiao Robotics recently completed its Angel+ funding round, bringing its total cumulative financing for the first half of the year to hundreds of millions of dollars. The investment round attracted participation from several prominent institutions, including Fortune Capital and Shenzhen Capital Group. The company intends to allocate these funds primarily to deepen the research and development of world models and to advance the implementation and application of integrated hardware-software solutions. In terms of technological achievements, Daxiao Robotics' Kaiwu World Model 3.0 represents a milestone as the world's first open-source and mass-producible world model. This model has secured top rankings in multiple authoritative industry benchmarks, possesses the capability to generate seven-minute long-sequence videos, and has successfully achieved edge-side deployment, demonstrating strong technical prowess and application potential.
Sources & editorial note
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- 商汤科技SenseTimeSource published
Source dates above refer to the original announcements; the date under the headline is this article’s publication on 88Z AI.