Ant Lingbo kicks off first independent funding round, targeting RMB 1.5B, CEO Zhu Xing cites talent incentives and governance

At the 2026 Inclusion·Bund Conference, Zhu Xing, CEO of Ant Group’s embodied AI startup Ant Lingbo, said the company has begun its first independent fundraising round with a target of RMB 1.5B (about $214M). The raise is not for lack of money or computing cards, he said, but to improve incentives for existing and future senior talent and strengthen governance as an independent company. Ant Lingbo aims to close a second round by the end of the year, an unusually fast pace for an embodied AI startup.

Original sources (Chinese)