In July 2024, LimX, also known as Zhuji Dynamics, raised unspecified Series A funding, bringing its total funding to $27.5 million. The company ranks sixth in total funding among humanoid developers, with past investors including Alibaba Group, Shangqi Capital, and Lenovo Capital. LimX is part of a broader trend in the robotics industry, with significant investments flowing into humanoid development, as seen with other companies like Figure AI, Agility Robotics, and Unitree. The company is also collaborating with NVIDIA Isaac Sim for simulation and reinforcement learning to enhance its robotic capabilities.
Key takeaways:
- LimX Dynamics Inc. has released a video showcasing its humanoid robot's advanced agility and full-body balance capabilities.
- The company is working on hardware, software, and a foundation model for applications in manufacturing, household, and other sectors.
- LimX launched the TRON 1 biped robot, which is available for preorder and designed to accelerate humanoid robot development with modular options and an open SDK.
- LimX, also known as Zhuji Dynamics, raised unspecified Series A funding and has raised $27.5 million to date, ranking sixth in total funding among humanoid developers.