Intro
Galbot is a Beijing-based robotics startup focused on embodied artificial general intelligence and humanoid robots for commercial and home service scenarios. Founded in May 2023 by He Wang, the company quickly raised a record 700 million yuan (~$96 million) in its angel funding round, backed by major investors including Meituan, Qiming Venture Partners, Lanchi Ventures, IDG Capital, and the Hong Kong government fund. Galbot’s flagship humanoid robot, Galbot G1, demonstrated advanced capabilities at the 2024 World Artificial Intelligence Conference, performing complex tasks like object grasping with a 97% success rate and interacting with visitors. The company aims to leverage Hong Kong as a strategic hub for international expansion and plans to deploy robots in retail and tourism sectors within the next few years.
Galbot developed a globally leading grasping technology with a 95-97% success rate across diverse materials and stacking configurations, showcased by the Galbot G1 robot at WAIC 2024.
Robots
- Galbot G1 Wheeled Bionic Robot: Combines mobility with dexterous dual-arm manipulation, designed for commercial and industrial applications.
- Galbot Humanoid Robot: Approximately 173 cm tall, 88 kg, with 25 degrees of freedom, capable of walking at 3 km/h and running at 5 km/h, with a payload strength of 15 kg. It excels in object grasping and multi-tasking in home and commercial environments.
Specialism
- Embodied artificial general intelligence integrating AI with physical robot bodies for real-world task execution.
- Advanced grasping and manipulation technology with a high success rate (95-97%) for diverse objects.
- Human-like dexterity enabling complex tasks such as folding clothes and drawer operation.
- Rapid product development cycle leveraging China’s hardware supply chain and data resources.
- Strategic use of Hong Kong as a gateway for global market entry and R&D collaboration.
Business Viability
- Raised a record-setting 700 million yuan (~$96 million) in angel funding within one year of founding, indicating strong investor confidence.
- Backed by leading investors including Meituan, Qiming Venture Partners, IDG Capital, and Hong Kong government funds.
- Demonstrated advanced robotics capabilities publicly, gaining significant media and industry attention.
- Plans for international expansion with Hong Kong as a strategic hub, including establishing the HK-Galbot Embodied AI Lab.
- Positioned to compete with global tech giants by leveraging lower production costs and rich real-world data for rapid iteration.
- Early pre-orders expected in late 2024, with real-world deployments targeted by year-end for select clients.