{
  "rows": [
    {
      "company": "DEEP Robotics",
      "hq_country": "China",
      "website": "https://www.deeprobotics.cn/",
      "status": "active",
      "what_it_builds": "Develops its own DR-series bipedal humanoids, including DR01 and the all-weather DR02, alongside quadruped robots. DR02 targets security patrols and factory operations, with IP66 protection and operation from -20°C to 55°C.",
      "what_it_builds_source": "https://en.deeprobotics.cn/en/wap/article/id/252.html",
      "founded_year": "2017",
      "founded_source": "https://dataclouds.cninfo.com.cn/sjother2/documents/2026/2026-05-18/cdc9a2374addd0ccaf3833b39021553f.pdf",
      "funding_usd": "171939323",
      "funding_basis": "disclosed rounds",
      "funding_source": "https://dataclouds.cninfo.com.cn/sjother2/documents/2026/2026-05-18/cdc9a2374addd0ccaf3833b39021553f.pdf",
      "funding_note": "A=https://dataclouds.cninfo.com.cn/sjother2/documents/2026/2026-05-18/cdc9a2374addd0ccaf3833b39021553f.pdf; B=https://epaper.stcn.com/att/202502/21/ada71875-a848-49e5-9fc7-3611714379a3.pdf. Lower bound, CNY: 2021 unnamed equity 20m (Cybernaut ticket, press-reported; B); 2023-12/2024-01 unnamed extension 30m; 2024-08 B+ 100m; 2025-07-08 Pre-C 320m; 2025-12-09 C 500m; 2025-12-25 Pre-IPO 250m (all A). FX CNY/USD: 20m/7.1696 (B disclosure 2025-02-21); 30m/6.8435 (first located amount disclosure 2026-05-18); 100m/7.1458 (2024-08-12 announcement); 320m at Yicai 500m=$69.7m ratio; 500m/7.0773; 250m/7.0392 (announcement dates). Excluded: unquantified 2018 angel, 2020 A/other equity, remaining 2021 equity, 2022 B; secondary transfers; IPO target. July press ~500m superseded by audited primary 320m. C over-500m counted at 500m. Valuation: 2025-12 Pre-IPO CNY5.25bn /7.0392; prospective IPO values excluded.",
      "latest_funding_date": "2025-12-25",
      "valuation_usd": "745823389",
      "latest_model": "DR02",
      "latest_model_year": "2025",
      "latest_model_source": "https://en.deeprobotics.cn/en/wap/article/id/252.html",
      "units_shipped": "6",
      "units_shipped_source": "https://finance.eastmoney.com/a/202609293886417845.html",
      "units_shipped_note": "DR-series humanoids sold in January–June 2026, as reported from the September 2026 updated prospectus. This is a half-year figure, not cumulative; the same report says four were sold in 2024–2025 combined. Excludes quadruped and wheel-legged robot sales.",
      "as_of": "2026-11-03"
    }
  ],
  "sources": [
    "https://en.deeprobotics.cn/en/wap/article/id/252.html",
    "https://www.36kr.com/p/3864367223749510",
    "https://dataclouds.cninfo.com.cn/sjother2/documents/2026/2026-05-18/cdc9a2374addd0ccaf3833b39021553f.pdf",
    "https://epaper.stcn.com/att/202502/21/ada71875-a848-49e5-9fc7-3611714379a3.pdf",
    "https://finance.eastmoney.com/a/202609293886417845.html",
    "https://www.yicaiglobal.com/news/chinese-startup-deep-robotics-secures-usd70-million-in-latest-fundraiser",
    "https://www.jiemian.com/article/14458749.html",
    "https://pitchhub.36kr.com/project/1678266780185602",
    "https://finance.sina.com.cn/jjxw/2025-02-21/doc-inemezhq1739812.shtml",
    "https://www.huilvbiao.com/mid/2026-05-18",
    "https://finance.sina.com.cn/jjxw/2024-08-12/doc-inciiyim9430680.shtml",
    "https://www.huilvbiao.com/mid/2025-12-09",
    "https://www.huilvbiao.com/mid/2025-12-25"
  ]
}