The starkly contrasting fates of enterprises in the embodied intelligence track keep unfolding.
On one hand, financing amounts have repeatedly hit new highs. According to data from IT Juzi, as of August 20, 466 financing events have occurred in China’s domestic embodied intelligence sector since 2026, with the total disclosed financing amount reaching 1245.1 billion yuan, and the financing volume in the first eight months is about 2.7 times that of the full year of 2025.
On the other hand, a number of robotics enterprises that once boasted star teams, well-known investors and large orders have reached the juncture of bankruptcy liquidation and debt repayment crisis.
According to the National Enterprise Bankruptcy and Restructuring Case…

