Embodied intelligence financing cools down, multiple robotics companies fall into work stoppages and bankruptcy
Financing in the embodied intelligence industry cooled significantly after September. In the first half of October, there were only 19 financing deals totaling 4.934 billion yuan, far below August's 91 deals and 31.323 billion yuan. Nanjing Wujing Power has suspended work and owes wages, Yinghe Robotics convened a creditors' meeting, and Shenlan Robotics has been accepted for bankruptcy liquidation; multiple companies have entered bankruptcy or contraction procedures. Unitree's prospectus shows that among its humanoid robot revenue, scientific research and education account for 73.6%, while revenue used in scenarios such as intelligent manufacturing accounts for only 2.64%, and end-user demand has still not reached scale.
Financing in the embodied intelligence industry cooled significantly after September. In the first half of October, there were only 19 financing deals totaling 4.934 billion yuan, far below August's 91 deals and 31.323 billion yuan. Nanjing Wujing Power has suspended work and owes wages, Yinghe Robotics convened a creditors' meeting, and Shenlan Robotics has been accepted for bankruptcy liquidation; multiple companies have entered bankruptcy or contraction procedures. Unitree's prospectus shows
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