Galbot company profile: valuation, funding & revenue

This Galbot company profile covers the company's valuation, revenue, funding rounds, investors and history. Galbot works in robotics, with a focus on humanoid and mobile manipulation robots. It was founded in 2023 and is headquartered in Beijing, China. Its latest valuation on record is About US$3 billion (reported, post-money) (December 2025). Every figure links to a public source, and anything the company hasn't disclosed is marked as such.

Revenue

Funding history

Galbot timeline

Key dates from the sources on this page, oldest first. Metric snapshots are listed after the funding events.

• 2023 — Galbot is founded in Beijing by Wang He (founder; Peking University).
• Dec 2025 — Growth round: More than US$300M, valuing the company at About US$3B (reported).
• Mar 2026 — Growth round: RMB 2.5B (about US$350–362M). Investors: China Integrated Circuit Industry Investment Fund, Sinopec, CITIC-affiliated funds, SAIC Motor's financial arm, Bank of China, Kunpeng Capital.
• March 2026 — Funding raised in about three months: Nearly RMB 5 billion across two rounds.
• March 2026 — Total funding (estimate): About US$1.15 billion.

Investors

Galbot is a Beijing company building humanoid robots on wheels that pick and place goods in pharmacies, shops and factories. It has become one of China's best-funded robotics startups: it raised more than US$300 million in December 2025 at a reported valuation of about US$3 billion, then about RMB 2.5 billion more in March 2026 from investors including China's national chip fund and Sinopec, and is preparing for a Hong Kong listing. This profile explains Galbot's robots, funding, deployments and place in China's humanoid race.

Galbot's valuation

Galbot's December 2025 round raised more than US$300 million at a valuation of more than RMB 20 billion, with sources putting its post-money valuation at about US$3 billion, according to Gasgoo. In March 2026 it raised RMB 2.5 billion, about US$350 million to US$362 million, according to Caixin Global and TechNode, without disclosing a new valuation. The company described itself as the highest-valued unlisted humanoid robotics company in China. Total funding is about US$1.15 billion, according to Sacra, though other trackers give lower totals.

Investors

The March 2026 round's backers read like a list of Chinese state and industrial priorities: the China Integrated Circuit Industry Investment Fund, known as the Big Fund; the oil giant Sinopec; CITIC-affiliated entities; SAIC Motor's financial arm; Bank of China; and Kunpeng Capital, along with existing shareholders. Earlier investors have included Meituan and battery maker CATL. That mix reflects Beijing's push to make embodied AI, robots powered by AI models, a strategic industry.

What Galbot builds

Galbot's G1 robot has a humanoid upper body with two arms mounted on a wheeled base and a lift that lets it reach from the floor to high shelves. Wheels are simpler, cheaper and more stable than legs for indoor work on flat floors. The robot is controlled by Galbot's own AI models, trained heavily in simulation with synthetic data and then refined with real-world data, an approach intended to reduce the cost of collecting robot training data.

Galbot's flagship deployment is in retail: automated pharmacy and convenience stores where a robot picks products from shelves to fulfil orders around the clock. It has also targeted factory work, such as moving parts and materials, and logistics. The March 2026 funding is going into its embodied AI models and commercial projects.

Founder

Galbot was founded in 2023 by Wang He, an assistant professor at Peking University who researches robotics and embodied AI, with links to the Beijing Academy of Artificial Intelligence. Its academic roots helped it attract researchers and early capital.

China's humanoid robot boom

China has dozens of humanoid robot companies, supported by government funds, local subsidies and a deep electronics and automotive supply chain that makes hardware cheaper to build than in the US or Europe. Unitree Robotics moved toward a listing on Shanghai's STAR Market in 2026, and UBTech is listed in Hong Kong. Other well-funded players include AgiBot and Fourier. Galbot's planned Hong Kong IPO would add another listed company to the sector.

Competitive landscape

In China Galbot competes with Unitree, AgiBot, UBTech, Fourier and the robotics units of carmakers and tech groups. Internationally its rivals include Figure AI, Tesla's Optimus, Agility Robotics, Apptronik and 1X, and robot model developers such as Physical Intelligence. Its distinctive choices are a wheeled design and an early focus on retail. See our humanoid robot companies guide.

Risks

• Overcrowded market: China's many humanoid startups face consolidation and price wars.
• Commercial proof: deployments are still small relative to valuations.
• Geopolitics: US export controls on chips and possible restrictions on Chinese robots abroad.
• State influence: heavy state-linked investment may shape strategy.
• IPO timing: Hong Kong market conditions will affect its listing.

Questions to ask

• How many G1 robots are deployed commercially, and in how many stores or factories?
• What revenue does Galbot generate?
• How much of its robots' work is autonomous?
• When will it file for a Hong Kong IPO, and at what valuation?

Timeline in brief

• 2023: founded in Beijing by Wang He.
• 2024–2025: launches G1; retail pharmacy deployments.
• December 2025: raises more than US$300 million at about US$3 billion (reported).
• March 2026: raises RMB 2.5 billion; prepares Hong Kong IPO.

Galbot at a glance

Galbot is a Beijing humanoid robotics company founded in 2023 by Peking University researcher Wang He. Its wheeled G1 humanoid picks goods in retail stores and factories. It raised more than US$300 million in December 2025 at a reported valuation of about US$3 billion and RMB 2.5 billion in March 2026 from investors including China's Big Fund, Sinopec and Bank of China, and is preparing a Hong Kong listing.

Why wheels instead of legs

Many humanoid companies build robots that walk on two legs, which lets them climb stairs and move through spaces designed for people. But legs are mechanically complex, use more energy and make balancing harder, especially while carrying loads. In shops, pharmacies, warehouses and factories, floors are usually flat, so a wheeled base can do the job more cheaply and reliably. Galbot's design keeps the human-like upper body, two arms and a head with cameras, which is what matters for handling objects on shelves built for people, while avoiding the cost of legs. Several other companies, including some in the US, have made similar choices for commercial robots.

Valuation context

A valuation of about US$3 billion places Galbot among the most valuable private robotics companies in China, though well below leading US humanoid companies such as Figure AI. Chinese robotics valuations have been supported by state-linked funds and by strong demand for listings in Hong Kong and Shanghai. A Hong Kong IPO would set a public price and show how international investors value Chinese humanoid makers relative to US peers.

What to watch

Watch for its Hong Kong IPO filing, deployment numbers, new AI model releases and competition with Unitree and AgiBot. See our robotics startups guide.

Takeaways

Galbot is one of the leaders of China's state-backed humanoid push. Its practical wheeled design and retail focus give it a commercial head start; an IPO would test investor appetite for Chinese robotics.

Sources

Every figure on this page comes from the public sources below. Where sources disagreed, we used the company's own announcement or a primary news report. Private-company data changes; check the date beside each figure.

1. Gasgoo
2. Sacra
3. Caixin Global