X
X Square
A company specializing in innovation within artificial intelligence and robotics
About X Square
Independent Variable Robot Technology (also known as X Square Robot) is a developer of general-purpose embodied intelligent large models, established in December 2023 and headquartered in Ningbo, China, with additional research and operational centers in Beijing, Shanghai, and Shenzhen. The company focuses on creating general-purpose robots with fine manipulation capabilities, utilizing an end-to-end model that processes real-world data from perception to action. The core team includes researchers from globally recognized AI and robotics labs, one of the original proponents of the Attention mechanism (a core component of Transformer models), the algorithm leader for one of China's first trillion-parameter large models, and entrepreneurs from the robotics hardware sector.
The firm's primary offering is its self-developed "GreatWall" operation large model series, specifically the WALL-A model, which enables robots to perform tasks with high precision and autonomy in complex environments without relying on traditional rule-based programming. This technology is integrated into their proprietary robot platforms, the Quantum 1 (Quanta X2) and Quantum 2, which are designed for soft-hardware co-evolution. These robots feature a high degree of freedom, including a five-fingered dexterous hand, and are built to be adaptable for various applications. The Quantum 2 model stands 172cm tall, weighs 95kg, and has a single-arm payload capacity of 6kg.
Independent Variable Robot Technology serves clients across multiple sectors, including scientific research, education, logistics, and home services. The business model appears to involve both the sale of its robotic hardware platforms and potentially customized development services for enterprise clients, supported by a software development kit (SDK) compatible with Python/C++ for secondary development. The company has secured significant funding to accelerate its development, including a Series A round led by Meituan Strategic Investment and Meituan Longzhu, and a Pre-A++ round led by Lightspeed China Partners and Legend Capital.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2023
- Headquarters
- Shenzhen, China
- Employees
- 23
- Open positions
- None listed
- Dealroom signal
- 58.9/100
- Sector
- Robotics, Core AI, Companion Robots, Business Robots, Spinout, Robotic Software, Verified Unicorns and $1B Exits, genAI Model Maker, AI Model Maker, ai model layer
- Technology
- Artificial Intelligence, Hardware, Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES COther financing | Jun 2026 | — | $2.8B | CICC · Source Code Capital · Honor · CAS Investment Management | ↗ |
| SERIES AOther financing | Jan 2026 | $138M | $550M | Meituan · Alibaba Cloud · Wuxi Innovation Investment Group · Beijing Information Industry Development Fund | ↗ |
Growth signals
Latest recorded traffic for X Square is 20K monthly website visits, up 17.6% over the last three months. X Square's team grew 91.7% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed8 investors entered at this stage
UnityVC
Delian Capital
Cornerstone Capital- NINanshan Zhanxin Investment
- QCQifu Capital
Legend Capital
Lightspeed
Shenqi Capital
Series A11 investors entered at this stage
Meituan
Alibaba Cloud
CAS Investment Management
INCE Capital
HongShan
CDB Capital- LSLenovo Star
ByteDance
Wuxi Innovation Investment Group
Beijing Information Industry Development Fund
Shenzhen Capital Group
Series B and later17 investors entered at this stage
CICC
Source Code Capital
Honor- YCYida Capital
China Mobile- SHShenzhen Investment Holdings
- CTCDB Technology
- JGJiangsu High-tech Investment Group
IDG Capital
Chery International- HEHongyuan Electronics
Fortune Venture- ZTZhongbao Touzi
Shenzhen Zhongji Automation
China Mobile SDIC Innovation- HFHefei Baohe District Pilot Venture Capital Fund
- CFChinese National Artificial Intelligence Industry Investment Fund
Other known investors3 additional known investors
Beihang University
Peking University
School of Economics and Management, Tsinghua University
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about X Square on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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