Recently, Lingbao CASBOT successfully completed a new round of funding, bringing the cumulative amount of its angel round funding to over 100 million yuan. Investors in this round include Lenovo Capital, SDIC Venture Capital, and Henan Asset Fund. The proceeds will primarily be used to accelerate the mass production of humanoid robots and the research and development of core technologies, further consolidating Lingbao CASBOT's competitive edge in both market competition and technological innovation.

SDIC Venture Capital, one of the investors, remarked that Lingbao CASBOT has achieved rapid and stable walking on various terrains for humanoid robots and precise control in complex operational scenarios. The team boasts a solid technical foundation, swift research and development capabilities, and rapid iteration speeds, prioritizing the launch of products and services for high-value scenarios with a clear business path. Henan Asset Fund noted that Lingbao CASBOT possesses deep technical accumulation, continuous research and development capabilities, and exceptional commercialization skills. The CASBOT 01 robot, launched last year, has demonstrated outstanding performance in hardware design, software architecture, and motion control.

Gu Zhengbin, Senior Director of Lenovo Group and Managing Director of Lenovo Capital, said, "Lingbao CASBOT has achieved rapid implementation in industries such as manufacturing and coal mining, demonstrating a very pragmatic approach. In the future, Lenovo Capital CVC2.0 will provide all-round support to Lingbao CASBOT, helping to accelerate the iterative upgrading of its core technologies and the application and commercialization of its products, thereby speeding up the industrialization process of humanoid robots."

After the completion of this funding round, Lingbao CASBOT will continue to explore the integration of technology, products, and scenarios, continuously expand the boundaries of application, consolidate the foundation of underlying technologies, and build core competitiveness through multi-dimensional advantages such as full-stack technology and commercialization.

One year of preparation, illustrating "accumulating strength for a leap"

Since its establishment in 2023, Lingbao CASBOT has been dedicated to developing general-purpose humanoid robots and embodied intelligence products tailored for real-world scenarios. The company's core team comprises senior experts from top universities and technology companies worldwide, with over 20 years of research experience in the fields of intelligent robots, precision assembly, visual servoing, and robot skill learning.

On November 13, 2024, Lingbao CASBOT released its first bipedal humanoid robot product, "CASBOT 01," nicknamed "Wednesday." Positioned as a general-purpose brain-inspired intelligent robot with 52 degrees of freedom, 550T of computing power, and a battery life exceeding four hours, CASBOT 01 achieves high-performance integrated whole-body control and long-term dexterous operation, capable of being widely used in various fields such as industrial manufacturing, commercial services, and household communities.

At the "brain" level, Lingbao CASBOT has adopted a hierarchical end-to-end model technology route, which combines the advantages of "end-to-end embodied large models," "segmented decision-making models," and "demonstration imitation training skill models" while avoiding their shortcomings. In terms of model training, Lingbao CASBOT employs an innovative technical route from real to virtual, data synthesis, mixed training, and then from virtual to real. Through the hierarchical end-to-end model and mixed training technology, robots can become more intelligent, flexible, and autonomous.

In terms of motion control, Lingbao CASBOT's overall motion control framework combines adversarial motion priors and whole-body control (WBC), achieving integrated motion control. Through this framework, the robot can robustly perform whole-body tasks in complex dynamic environments. Based on the traditional reinforcement learning training framework, Lingbao CASBOT simultaneously trains a generative adversarial imitation learning network, where the generator and discriminator continuously engage in a game, enabling the model to generate highly anthropomorphic motion control strategies. This advanced motion control strategy also allows Lingbao CASBOT to take the lead in realizing anthropomorphic straight-knee walking.

At the 2024 Zhongguancun Bionic Robot Competition finals, CASBOT SE won third place in the humanoid bionic robot racing category with its "swift-footed" straight-knee walking method.

For Lingbao CASBOT, the core of embodied intelligence has always been practicality. Therefore, the robot's operating capability has always been a top priority in research and development. As the end effector for fine operations, Lingbao CASBOT's five-finger dexterous hand adopts a highly compact integrated mechanism configuration and an integrated bionic design of the drive-transmission-sensing-control system, as well as a multi-source sensing system design scheme of touch-force-vision. By optimizing control algorithms and motion planning, it mimics the flexibility of human hands in operation, aiming to solve the difficulties in both "dexterity" and "operation" for fine work scenarios. With the strong support of software and hardware, it realizes long-term dexterous operations that can be quickly learned and generalized.

The smooth human-robot natural language interaction enables CASBOT 01 to provide comprehensive services such as companionship, entertainment, and consultation. During the Haidian Science and Technology Temple Fair during the Spring Festival, "Wednesday" engaging in "rock-paper-scissors" and "question-and-answer dialogues" with visitors became a novel and interesting sight at the event.

In January 2025, "CASBOT 01" made a stunning appearance at the CES event in Las Vegas and simultaneously announced its official joining of the "NVIDIA Inception" program, further broadening the dual boundaries of business and technology. With the help of NVIDIA's advanced GPU technology and deep learning framework, Lingbao CASBOT will further optimize the robot's perception, decision-making, and execution capabilities, enhancing the product's intelligence level. By leveraging the Cosmos world foundation model platform for building physical AI, it will improve robot training efficiency and product performance. In one year of preparation, Lingbao CASBOT has completed the leap from nothing to something, from 0 to 1, demonstrating the innovative strength and development speed of Chinese technology enterprises to the world and truly illustrating the connotation of "accumulating strength for a leap."

Diverse product matrix, breaking through application boundaries

Lingbao CASBOT's mission is "unlocking human potential through intelligent technology." Based on this, Lingbao CASBOT steadily advances by adhering to a "double helix structure" development model. First, it always anchors on a scenario-driven strategy, injecting continuous momentum into technology and product iteration based on deep integration into real business scenarios. Second, it precisely adapts to scenario needs with a full-stack technology system, significantly enhancing the versatility and general capabilities of technology in practical applications.

Over the past year, Lingbao CASBOT has continuously injected technological potential and commercial momentum into the industry. At the technical level, it takes technological innovation as the foundation to break through key technical barriers in the implementation of embodied intelligence, providing solid technical support for industrial development. In the commercial field, it meets the real needs of downstream customers, deeply explores the commercial value of embodied intelligence, and drives the industry to stride forward on the path of technology and business integration. Relying on advanced technology, products, and solutions, Lingbao CASBOT has accumulated numerous partners in various fields such as industrial manufacturing, underground energy, and commercial services. It continuously accumulates industry know-how, continuously empowers partners, and explores new application boundaries.

Currently, Lingbao CASBOT has started the delivery of the humanoid robot product CASBOT 01 and will release new humanoid robots and embodied intelligence products in 2025, completing technical iterations and upgrades across multiple sectors.

With continuous breakthroughs in technological innovation and landing applications, Lingbao CASBOT has also won high recognition from the industry. In 2024, Lingbao CASBOT was selected in the "Notice on Issuing the List of Typical Application Cases of Artificial Intelligence Empowering New Industrialization" issued by the Ministry of Industry and Information Technology for its "embodied intelligence robots and applications for complex operation and maintenance scenarios." Lingbao CASBOT was also selected in the "2024 Top 100 AI Applications" list released at the Second AI Industry Application Conference for its case of "applications of general-purpose humanoid robots in the energy and industrial fields." Lingbao CASBOT's innovative achievements and development potential have attracted the attention and coverage of authoritative media such as CCTV and Xinhua News Agency, as well as high recognition from the industry, becoming an indispensable force in driving the advancement of the embodied intelligence industry.

Lingbao CASBOT is methodically implementing a logically clear and feasible commercialization strategy, which is to anchor on in-depth applications across multiple scenarios, continuously consolidate the foundation of technology and commercialization, and simultaneously penetrate the infinitely potential To C market from the deeply cultivated To B market through refined product experiences and channel structure reconstruction. By optimizing human-computer interaction design and lowering the threshold for use, cutting-edge technology is made more accessible to users. Whether it is professional operations in industrial scenarios or daily use in home environments, it strives to win the favor of users with the ultimate product experience.

Anchoring on the value origin, reshaping the production function

Looking back at the development trajectory of Lingbao CASBOT, there is both the "down-to-earth" approach of rushing to commercialization and the "stargazing" exploration of humanoid robots decoupling human production and labor structures as a new productive force. Currently, there are multiple scenarios calling for embodied intelligence products to achieve technological breakthroughs and large-scale landings. With the deep coupling of capital and resources, Lingbao CASBOT will continue to break through technological barriers and broaden the application boundaries of humanoid robots.

Through the agile model of "demand feeding back into research and development," Lingbao CASBOT is gradually constructing a three-dimensional landing scenario covering intelligent manufacturing, high-risk operations, and commercial services. This two-way empowerment of technology and business is breaking through the boundaries of traditional mechanical substitution, giving birth to a new production relationship of "human-robot co-evolution." Meanwhile, embodied intelligence technology is also deconstructing the traditional production function centered on human labor. By deeply integrating the physical execution capabilities of robots with human strategy formulation and innovative thinking, the constructed symbiotic network can achieve an exponential efficiency leap of "1+1>N." This paradigm shift not only unleashes trillions of economic value but also redefines the dimension of the productivity revolution.

Lingbao CASBOT will always anchor on the value origin of "born to be human," fully unleashing the commercial potential of humanoid robots in fields such as intelligent manufacturing, industrial collaboration, and household services, driving the leap in production relationship efficiency, and continuously creating humanoid robots and embodied intelligence products that can replace humans in performing high-risk, high-intensity, and monotonous and repetitive tasks. It aims to reshape a new paradigm for social production and personal value realization, thereby empowering every human worker with the autonomous right to "return to oneself," accelerating the advancement of humanoid robots into the heart of industries, and driving the paradigm shift of social production functions.

As embodied intelligence and human creativity form a symbiotic network, a new era of productivity is accelerating its arrival.