Xinghai Tu Closes 1 Billion Yuan Series B as Embodied AI Moves From Labs to Factory Floors ### What This Round Signals When five existing shareholders — including Cathay Capital, Meituan Longzhu, Today Capital, Xianghe Capital, and Hillhouse Ventures — return to a Series B not merely to maintain their position but to oversubscribe or fully subscribe, the message is unambiguous: this is not a company getting a polite top-up. It is a company whose trajectory has convinced its most informed backers to double down ahead of what the sector is about to become. Xinghai Tu's 1 billion yuan (≈$140 million) Series B, announced in February 2026, brings the company's total funding to nearly 3 billion yuan (≈$420 million) and elevates it into a group of only four embodied intelligence startups in China with valuations exceeding 10 billion yuan (≈$1.4 billion) — alongside Unitree, Zhipu, and Galaxy Universal. The…