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Yingzhi Technology

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Embodied artificial intelligence for automated food service.

ChinaFounded 2019Robotics
Valuation $100–250M Last recorded · 2026
Total funding $10–50M Disclosed equity funding
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About Yingzhi Technology

Yingzhi Technology, operating as XBOT, is a commercial embodied artificial intelligence (AI) solutions provider. The company specializes in developing and deploying autonomous robots for the food service industry, focusing on the preparation of specialty coffee and ice cream in commercial environments. The firm was founded in 2022 by Tang Mu, a product executive with a 25-year career that includes roles as a general manager at Tencent and as the vice president of Xiaomi's Ecosystem Chain. His experience leading the development of high-volume smart hardware like the Xiaomi Smart Speaker is central to the company's approach of applying consumer product principles to the robotics sector. The core research and development started in 2019 within its parent entity, InSpace Technology, which was established to move embodied AI from research labs into real-world commercial applications. XBOT's business model is based on the deployment and operation of its robotic barista stations in high-traffic locations. The product lineup includes the dual-arm XBOT C3 robot, engineered for complex tasks in demanding settings. The technology stack is built on an NVIDIA RTX platform and integrates a proprietary multi-modal AI system with a self-developed AIoT (Artificial Intelligence of Things) infrastructure for fleet management. This allows for remote monitoring, over-the-air software updates, and predictive maintenance for every unit. The company has demonstrated significant market traction, having completed multiple financing rounds worth hundreds of millions of yuan from investors including tech executives from Tencent and Xiaomi. As of early 2026, XBOT had deployed over 600 robots in more than 10 countries, which have served more than 4 million cups of coffee. The company's revenue in 2025 surpassed 100 million yuan, and it has expanded its physical presence by opening a flagship store in the United States in 2026.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
China
Open positions
None listed
Dealroom signal
16.0/100
Industry
Robotics
Sector
Robotics, Coffee, Industrial Robotics, Autonomous Mobile Robots
Business model
Manufacturing
Client focus
b2b
Links
Website

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Jul 2026 $28M $110M Undisclosed ↗
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Growth signals

Yingzhi Technology website traffic

Latest recorded traffic for Yingzhi Technology is 2.3K monthly website visits.

Latest monthly visits2.3K
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Investments and acquisitions

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Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇳 China HQ
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Market sentiment

Posts on X, past 7 days

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