# X Square Robot funding: rounds and investors > X Square Robot has raised $240M across 3 rounds since 2025. Investors include Legend Capital, Shenzhen Capital Group Co. and Sequoia Capital China. Source: https://millionrounds.com/company/x-square-robot (Millionrounds; every figure on the page links to its filing or article) China · [Series A startup](https://millionrounds.com/companies) # Who invested in *X Square Robot* 3 rounds we have observed, with the 12 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. AI Robotics Raised 10 months ago Follow X Square Robot and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fx-square-robot) Funding summary Updated 5 Nov 2026 **$240M** raised across 3 rounds since 2025, from 4 sources **$100M** Round **$140M** Series A - **Latest round:** Series A, $140M Jan 2026 - **Led by:** Shenzhen Capital Group Co. and Sequoia Capital China and 1 more - **Step-up i:** 1.4× - **Investors:** 12 (5 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2026 **?** Series A **$100M** Round **$140M** Series A - **First round:** Series A - **Biggest round:** $140M - **Usual gap between rounds:** 4 months ## The rounds - **Jan 2026** Series A **$140M** *5 new* *1 returning* [Shenzhen Capital Group Co.](https://millionrounds.com/fund/shenzhen-capital-group) Lead [Sequoia Capital China](https://millionrounds.com/fund/sequoia-capital-china) Lead [ByteDance](https://millionrounds.com/fund/bytedance) Lead [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [HSG](https://millionrounds.com/fund/hsg) [Legend Capital](https://millionrounds.com/fund/legend-capital) Reported by TechNode and 1 other - **Sept 2025** Round **$100M** *6 new* [Alibaba Cloud](https://millionrounds.com/fund/alibaba-cloud) Lead [Legend Capital](https://millionrounds.com/fund/legend-capital) [Legend Star](https://millionrounds.com/fund/legend-star) [Meituan](https://millionrounds.com/fund/meituan) [HongShan](https://millionrounds.com/fund/hongshan) [INCE Capital](https://millionrounds.com/fund/ince-capital) Reported by TechStartups - **May 2025** Series A **several hundred million yuan** *1 new* [Meituan Strategic Investment](https://millionrounds.com/fund/meituan-strategic-investment) Lead Reported by TechNode ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series A** 2025 **Round** 2025 **Series A** 2026 [Legend Capital](https://millionrounds.com/fund/legend-capital) [Shenzhen Capital Group Co.](https://millionrounds.com/fund/shenzhen-capital-group) L [Sequoia Capital China](https://millionrounds.com/fund/sequoia-capital-china) L [Alibaba Cloud](https://millionrounds.com/fund/alibaba-cloud) L [ByteDance](https://millionrounds.com/fund/bytedance) L [Meituan Strategic Investment](https://millionrounds.com/fund/meituan-strategic-investment) L [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [HSG](https://millionrounds.com/fund/hsg) [Legend Star](https://millionrounds.com/fund/legend-star) [Meituan](https://millionrounds.com/fund/meituan) ## Everyone who backed them [Legend Capital](https://millionrounds.com/fund/legend-capital) VC firm **2** rounds [Shenzhen Capital Group Co.](https://millionrounds.com/fund/shenzhen-capital-group) Government **1** round, led 1 [Sequoia Capital China](https://millionrounds.com/fund/sequoia-capital-china) VC firm **1** round, led 1 [Alibaba Cloud](https://millionrounds.com/fund/alibaba-cloud) Corporate VC **1** round, led 1 [ByteDance](https://millionrounds.com/fund/bytedance) Corporate VC **1** round, led 1 [Meituan Strategic Investment](https://millionrounds.com/fund/meituan-strategic-investment) VC firm **1** round, led 1 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **1** round [HSG](https://millionrounds.com/fund/hsg) VC firm **1** round [Legend Star](https://millionrounds.com/fund/legend-star) VC firm **1** round [Meituan](https://millionrounds.com/fund/meituan) Corporate VC **1** round [HongShan](https://millionrounds.com/fund/hongshan) VC firm **1** round [INCE Capital](https://millionrounds.com/fund/ince-capital) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=x-square-robot). ## Quick answers about X Square Robot ### Who invested in X Square Robot? X Square Robot's investors include Legend Capital, Shenzhen Capital Group Co., Sequoia Capital China, Alibaba Cloud and ByteDance, and 7 more on record. Shenzhen Capital Group Co. led its latest round. ### How much has X Square Robot raised? X Square Robot has raised $240M across 3 rounds since 2025. One round did not disclose an amount, so the total is a floor. ### When did X Square Robot last raise? X Square Robot's most recent round was a Series A of $140M in Jan 2026, led by Shenzhen Capital Group Co.. ### What was X Square Robot's biggest round? Its most recent round, $140M in Jan 2026, is also its largest on record. ### Who backed X Square Robot first? X Square Robot's first round on record, in May 2025, was backed by Meituan Strategic Investment. ### What stage is X Square Robot at? X Square Robot's latest named round is a Series A, in Jan 2026. ### Where is X Square Robot based? X Square Robot is based in China. ### Who led X Square Robot's rounds? Meituan Strategic Investment led the Series A in 2025; Alibaba Cloud led the funding round in 2025; Shenzhen Capital Group Co. led the Series A in 2026. ## Companies like X Square Robot In the same sector, and raised in the last eighteen months. 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