Magic Atom Secures 500 Million Yuan in New Funding with Skyworks Venture Capital Participating

Deep News09:33

Embodied intelligence company Magic Atom has announced the completion of a new funding round totaling 500 million yuan. Investors in this round include Skyworks Venture Capital, Top Group, Jin Yu Mao Wu, Suzhou University Tian Gong, Jie Chuang Intelligent, ASD, and Liang Venture Capital, among others. Concurrently, Magic Atom has established a 10-billion-yuan ecological fund in Wuxi, forming a dual-track strategy of "fundraising + capital deployment" focused on embodied intelligence applications. The initiative is expected to mobilize over 10.5 billion yuan in total, providing sustained support for the company's technological R&D, product iteration, and industrial ecosystem development.

It is reported that Magic Atom, in collaboration with Skyworks Venture Capital and the Liangxi District of Wuxi, has launched a multi-billion-yuan industrial fund. This fund will prioritize investments in key segments across the embodied intelligence industry chain, including algorithms, computing power, AI infrastructure, core robotics components, new robotic forms, end-effector tools, and specific application scenario development.

At the industrial synergy level, this funding round has also strategically introduced investors with strong manufacturing foundations and scenario resources, such as Top Group, Jie Chuang Intelligent, and ASD. Additionally, local state-owned capital, including Wuxi's state-owned Liang Venture Capital, funds under Yibin Yifazhan, and Wuhan Lingkonggang, have joined as investors. These partnerships are expected to significantly bolster Magic Atom's future technological advancement, product upgrades, and industrial implementation.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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