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Elu.AI secures over 14 million dollars in pre-series A funding round

Hangzhou-based robotics firm Elu.AI has secured over US$14 million in a pre-series A funding round, led by Leading Capital, Hangzhou Industrial Investment Group, and Xingtai Capital, with support from CCV Capital. Founded by Bai Huiyuan, the company specializes in intelligent robots and AI solutions, and is exploring brain-inspired intelligence. The funds will enhance AI decision-making systems, accelerate R&D for next-gen robots, and support global expansion.
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