{
  "rows": [
    {
      "company": "PIA Automation",
      "hq_country": "China",
      "website": "https://www.piagroup.com/",
      "status": "active",
      "what_it_builds": "Ningbo PIA Automation Holding Corp. (均普智能, SSE STAR 688306; controlled by Joyson Group) builds the P-Bot/Jarvis (贾维斯) humanoids plus I-Bot industrial and A-Bot research humanoids for factory tasks, service and education; robots are produced by its AGIBOT joint venture PIABOT/Joybot Robotics.",
      "what_it_builds_source": "https://www.piagroup.com/en/automation/embodied-ai-humanoid-robotics/",
      "founded_year": "2017",
      "founded_source": "https://www.cs.com.cn/ssgs/gsxw/202202/t20220228_6245578.html",
      "funding_usd": "398932390",
      "funding_basis": "public company",
      "funding_source": "https://finance.sina.com.cn/tech/csj/2022-03-22/doc-imcwiwss7487563.shtml",
      "funding_note": "Summed: (1) 2022-03-22 STAR Market IPO, gross RMB 1.56bn = USD 245,200,800 at ECB ref 0.15718 USD/CNY on 2022-03-22, https://finance.sina.com.cn/tech/csj/2022-03-22/doc-imcwiwss7487563.shtml; (2) 2026-10-24 private placement to 15 investors, gross RMB 1,025,424,158.64 = USD 153,731,590 at ECB ref 0.14992 on 2026-10-23 (last rate before announcement), http://www.ipo123.com.cn/archives/92377. Excluded: pre-IPO stakes of 宁波浚瀛, 博海瑞, 普鸣品鹏, 海富长江, 江苏疌泉 named in the Sina article, because no amounts were found. Valuation: market cap RMB 14.958bn on 2026-10-27 (Sohu/Sina) = USD 2,243,400,840 at ECB 0.14998.",
      "latest_funding_date": "2026-10-24",
      "valuation_usd": "2243400840",
      "latest_model": "I-Bot 2.0",
      "latest_model_year": "2025",
      "latest_model_source": "https://www.piagroup.com/en/automation/embodied-ai-humanoid-robotics/",
      "units_shipped": "200",
      "units_shipped_source": "https://www.piagroup.com/en/automation/embodied-ai-humanoid-robotics/",
      "units_shipped_note": "First batch delivered in late August 2025 by JV Joybot/PIABOT Robotics: 200 bipedal and wheeled ('rolling') embodied-AI robots, per PIA's site. This is one batch, not a cumulative total, and it includes wheeled robots. The 50-unit 2025 order (Gasgoo) is excluded because it is an order.",
      "as_of": "2026-11-03"
    }
  ],
  "sources": [
    "https://www.piagroup.com/en/automation/embodied-ai-humanoid-robotics/",
    "https://www.piagroup.com/en/company/about-pia/",
    "https://www.cs.com.cn/ssgs/gsxw/202202/t20220228_6245578.html",
    "https://finance.sina.com.cn/tech/csj/2022-03-22/doc-imcwiwss7487563.shtml",
    "http://www.ipo123.com.cn/archives/92377",
    "https://www.sohu.com/a/1093395500_122014422",
    "https://it.ithome.com/archiver/798/969.htm",
    "https://www.leaderobot.com/news/6210",
    "https://www.gasgoo.com/robot/news/70428166-%E5%9D%87%E6%99%AE%E6%99%BA%E8%83%BD%E4%BA%BA%E5%BD%A2%E6%9C%BA%E5%99%A8%E4%BA%BA%E5%BC%80%E5%8D%96-%E6%8B%BF%E4%B8%8B%E7%BA%A63000%E4%B8%87%E5%85%83%E8%AE%A2%E5%8D%95/"
  ]
}