LightWheel AI has completed a 1 billion yuan strategic funding round, with participation from government-backed funds, industry investors and existing shareholders.

Investors in the round included government-backed funds affiliated with Zhongguancun Science City, Sichuan Development and Shandong Development, as well as corporate investors such as Giant Network, Yusys Technologies and Wuxi Boton Technology.

The company said the funds will support research into physical AI data and evaluation infrastructure, expand training datasets and testing capabilities, and accelerate the development of products for robot learning and real-world applications.