Yunji Technology

A Carmaker Just Minted China’s 22nd Embodied AI Unicorn of the Year

Beijing-based PsiBot has closed a funding round of nearly US$100 million led by automaker Chery, lifting the two-year-old embodied AI model developer to a valuation of about US$1.48 billion and making it China’s newest robotics unicorn. PsiBot builds vision-language-action models, the intelligence layer, rather than robots themselves, and its fifteen-fold valuation jump in roughly a year marks the migration of the sector’s scarcity premium from hardware to models. The round also confirms a structural shift: strategic money from industrial giants is replacing venture capital as the marginal buyer in China’s embodied AI market, with supply chain motives setting the price.