PHYMI, an embodied AI startup founded by former DeepRoute.ai executive Liu Nianqiu, has raised nearly US$100 million in seed funding.
IDG Capital led the round, with participation from Yunqi Capital, DiDi, Fosun RZ Capital, Glory Ventures and Hesai Technology. Founded earlier this year, PHYMI is developing “Physical Agents” designed to understand goals, move and manipulate objects, and complete tasks in open, dynamic environments.
The company plans to use the funding for core technology research, real-world data infrastructure, product engineering and team expansion. [Yunqi Partners]