A Robot-Chip Venture Worth RMB 4B Before Silicon
Xixuan Chuangzhi, the embodied-AI chip joint venture formed in May 2026 by GPU maker MetaX and humanoid builder UBTech, closed a RMB 500 million angel round at a RMB 4 billion post-money valuation, led by GGV Capital and Matrix Partners with ten institutions alongside; each parent holds 35.01%, with MetaX founder Chen Weiliang as chairman and UBTech founder Zhou Jian as vice chairman. The first part is a GPGPU-based “brain-and-cerebellum-in-one” SoC on a CUDA-like stack, aimed at beating Nvidia’s Jetson AGX Thor, with a developer platform due in 2027 and volume silicon in 2028 — against an Nvidia share of roughly 69% of the 2025 robot-SoC market.
