Embodied AI startup PHYMI raises nearly US$100 million in seed funding

PHYMI, an embodied AI startup founded by former DeepRoute.ai executive Liu Nianqiu, has raised nearly US$100 million in seed funding. IDG Capital led the round, with participation from Yunqi Capital, DiDi, Fosun RZ Capital, Glory Ventures and Hesai Technology. Founded earlier this year, PHYMI is developing “Physical Agents” designed to understand goals, move and manipulate objects, and complete tasks in open, dynamic environments.