PsiBot Robots

PsiBot, known in China as Lingchu Intelligence, was founded in Beijing in 2024 by Wang Qibin, who previously led JD.com's robotics business and brings more than two decades of hardware and commercialisation experience. The company does not build robots itself: it develops vision-language-action models and dexterous-manipulation algorithms and licenses them to robot manufacturers. It closed angel and Pre-A rounds totalling ¥2 billion in March 2026 with heavy state-backed participation, and has raised roughly $300 million since inception, reaching a $1.48 billion valuation in a round led by the carmaker Chery Automobile with Lens Technology participating.