Zhengqi Future Raises Hundreds of Millions of Yuan Across 3 Angel Rounds in 8 Months

Physics AI company Zhengqi Future said it completed three angel financing rounds totaling hundreds of millions of yuan in eight months, with investors including CDH VGC Investment, Linear Capital, SAIC Hengxu Capital, Pirui Capital, Zhengxuan Investment and Chow Tai Fook Investment, among others. According to 36Kr, the company is focused on door-to-door mobile tasks and says its core brand QUORRA is building short-distance travel robots. Its first product has entered mass production and has secured commercial orders in more than 10 countries and regions. The company also plans to launch direct-to-consumer business overseas this year, while opening flagship stores on Tmall and JD.com and expanding offline outlets across several Chinese provinces and cities.