{
  "rows": [
    {
      "company": "Elephant Robotics",
      "hq_country": "China",
      "website": "https://www.elephantrobotics.com/",
      "status": "active",
      "what_it_builds": "Builds its own Mercury humanoid line, including the Mercury X1 wheeled dual-arm humanoid and Mercury B1 semi-humanoid upper body. X1 is intended for education, scientific research, embodied AI development and service applications.",
      "what_it_builds_source": "https://www.elephantrobotics.com/en/mercury-x1-en/",
      "founded_year": "2016",
      "founded_source": "https://docs.elephantrobotics.com/docs/Mercury_B1_en/8-AboutUs/8.1-company.html",
      "funding_usd": null,
      "funding_basis": "none disclosed",
      "funding_source": null,
      "funding_note": "No verified monetary sum; null is not zero. Excluded for unspecified amounts: 2016-08 seed, 2017-10 angel, 2019-02 Pre-A, 2021-11 A, 2023-12 A+, 2024-04 A++ (https://docs.elephantrobotics.com/docs/Mercury_X1_cn/8-AboutUs/8.1-company.html); press-reported 2024-05 Pre-B (https://www.36kr.com/p/2779370364667017). https://vc.pedaily.cn/company/15283.html reports 2025-09-02 share transfer (undisclosed; secondary transaction), and differing earlier round dates, not added as separate raises. Search-only RMB10m A-round lead in a 2021 law-firm report excluded as unverified: PDF retrieval failed (web 502; curl returned non-PDF), 2026-11-04. No verified post-money valuation or valuation date. Nothing fabricated.",
      "latest_funding_date": null,
      "valuation_usd": null,
      "latest_model": "Mercury X1",
      "latest_model_year": "2023",
      "latest_model_source": "https://docs.elephantrobotics.com/docs/Mercury_B1_en/8-AboutUs/8.1-company.html",
      "units_shipped": "100",
      "units_shipped_source": "https://www.zhineng518.com/page119?article_id=9078",
      "units_shipped_note": "Lower bound, not an exact total: company-authored announcement ahead of the August 21–25, 2024 World Robot Conference says Mercury X1 had already delivered “上百台” (over/about one hundred units). Covers cumulative Mercury X1 deliveries by that announcement, not all company robot products or unfulfilled orders. No newer exact humanoid delivery count verified.",
      "as_of": "2026-11-04"
    }
  ],
  "sources": [
    "https://docs.elephantrobotics.com/docs/Mercury_B1_en/8-AboutUs/8.1-company.html",
    "https://docs.elephantrobotics.com/docs/Mercury_X1_cn/8-AboutUs/8.1-company.html",
    "https://www.elephantrobotics.com/en/mercury-x1-en/",
    "https://www.36kr.com/p/2779370364667017",
    "https://vc.pedaily.cn/company/15283.html",
    "https://www.zhineng518.com/page119?article_id=9078",
    "https://www.elephantrobotics.com/"
  ]
}