Ant Group Leads Angel Round for SenseTime-Backed ACE Robotics, Signaling China’s Push into Embodied AI
SenseTime-backed embodied robotics startup ACE Robotics has completed an undisclosed angel round led by Ant Group, with participation from major VC, strategic, and university-affiliated investors. The funding is slated for model development, data collection, and commercial deployments in sectors such as energy, transport, and tourism, reflecting intensifying competition to industrialize embodied AI in China.