Deep Robotics

DR02 shown climbing an outdoor staircase in a single take

The latest in a series of progressively harder outdoor demonstrations since the robot's October 2025 launch, following a June 2026 video of the robot running and carrying a fire extinguisher.

Publishes first-round IPO inquiry response

The exchange's 15 questions covered products and competition, technology and R&D, and sales channels and customers; review status remained at the inquiry stage.

US FCC adds foreign-made humanoid and quadruped robots to Covered List

The measure blocks new authorizations for such robots in the US market, a risk for a company that drew a little over 18% of 2025 revenue from overseas.

Shanghai Stock Exchange accepts STAR Market IPO filing

The company seeks CNY 2.503 billion (about $367 million) for no less than 18% of post-issue equity, disclosing 2025 revenue of CNY 337 million and a first net profit of CNY 28.68 million.

Completes IPO tutoring acceptance

Reported completion of the guidance review moved the company into the final stretch before filing.

Pre-IPO round led by National AI Industry Investment Fund, JD.com joins

A 'several hundred million yuan' round closed days before IPO tutoring filings, with the late entry of JD.com later flagged by analysts as a review issue.

Begins IPO tutoring for a STAR Market listing

Guidance period ran from December 2025 to June 2026; Caixin put the company's value at about CNY 8 billion at the time.

Closes Series C of more than CNY 500 million

Co-led by CMB International and ChinaAMC, with funds tied to China Telecom and China Unicom investing strategically.

Converts to a joint-stock company ahead of listing

Shareholding reform in early November 2025 renamed the entity 杭州云深处科技股份有限公司, a standard precursor to an A-share IPO; exact date within early November not established.

Launches DR02, an IP66-rated industrial humanoid

The company's first humanoid, pitched on all-weather durability rather than dexterity, at 175 cm and 65 kg with 31 degrees of freedom.

Embodied-AI pilot production base breaks ground in Hangzhou

Construction started in late October in Hangzhou's Xihu district as the company moved toward volume manufacturing of quadruped, wheeled-legged and humanoid robots.

Raises nearly CNY 500 million led by Dachen and Guoxin Fund

The first of three financings in the second half of 2025 that together exceeded CNY 1 billion.

Lynx M20 wheeled-legged robot launched

The 33kg IP66 machine, billed as the first mid-sized wheeled-legged industrial robot, can climb 80cm steps and opened up rough-terrain inspection, firefighting and logistics work.

X30 deployed in Singapore power tunnels for SP Group

Delivered with partner Eastern Green Power and nicknamed "SPock", it was the first Chinese quadruped robot put to work in an overseas power system, patrolling a 40km underground transmission tunnel network.

First humanoid, Dr.01, unveiled at World Robot Conference

The 1.7m biped walking on scattered steel bars and recovering from shoves marked the company's move beyond quadrupeds, using its own J60 lightweight joints.

Series B+ round closed with state-linked investors

Investors included Huajian Hanshu, Hansong Asset Management, Shenzhi City Industrial Investment and Moganshan funds; the amount was not officially disclosed.

Jueying X30 flagship industrial quadruped launched

The X30 extended the operating range to -20C to 55C and added fused perception for all-weather autonomous inspection, including open-tread industrial stairs.

Series B led by Fangguang Capital

Westlake Innovation Investment joined and existing backer Cybernaut added to its stake; robots were by then in service in power, tunnel, firefighting and security work.

Jueying X20 launched, China's first IP66-rated industrial robot dog

Waterproofing and dust protection answered the main complaint from power-grid customers, and the company began batch deliveries into power inspection from late 2021.

Jueying research reaches the cover of Science Robotics

"Multi-expert learning of adaptive legged locomotion", co-authored by founder Zhu Qiuguo with University of Edinburgh researchers and demonstrated on Jueying, was published as the issue's cover paper.

Series A led by Innoangel Fund

Jueying X10 launched, first quadruped built for industrial use

Released late in the year with autonomous charging, the X10 was used with China Southern Power Grid's Digital Grid Research Institute for the company's first autonomous substation inspection work.

Second-generation Jueying runs and climbs stairs

Xinhua reported the iteration, jointly developed by Zhu Qiuguo's Zhejiang University lab and Deep Robotics, could trot with all four feet airborne about a third of the time.

Angel round from Yinxinggu Capital and Dowson Capital

The company's first outside money, months after the original Jueying demo went viral.

First "Jueying" quadruped shown publicly by Zhejiang University team

A video of the 70kg robot walking on snow, slopes and stairs and recovering from kicks was released by Zhu Qiuguo's Zhejiang University robotics team and its spin-off, drawing national attention.

Deep Robotics incorporated in Hangzhou

Founded by Zhejiang University academic Zhu Qiuguo, with Li Chao named as co-founder in secondary sources, to commercialise quadruped robots.