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zhiyuan robotics secures funding and appoints new ceo for growth expansion

Zhiyuan Robotics, a leading domestic robot brand founded in February 2023, has secured new financing led by Tencent, raising its valuation to 15 billion yuan. The company, co-founded by tech influencer Peng Zhihui, plans to mass-produce general-purpose robots starting December 16, 2024, and has already developed three product lines: Expedition, Genie, and Lingxi. With a strong backing from notable investors, Zhiyuan Robotics has quickly risen to prominence in the venture capital space, achieving unicorn status in its inaugural year.
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