Yimu Tech raises over RMB1 billion for robot tactile sensing and production

Yimu Tech, a Chinese developer of tactile sensing hardware and software for embodied-intelligence systems, has completed a Series E financing round of more than RMB1 billion, bringing its valuation above RMB10 billion. The financing was jointly backed by multiple leading RMB funds, USD funds and industrial investors. The company is developing tactile sensing materials, chips, algorithms and models for robotic applications.