Songyan Power announced the completion of its Series B financing, raising nearly 1 billion yuan, with CATL leading the investment.

Humanoid robot company Songyan Power announced the completion of its Series B financing, raising nearly 1 billion yuan in total. The round was led by CATL-backed Morningside Capital, with participation from Guoke Investment, Jingguosheng Fund, and Jiuhe Venture Capital, among others. This is the company's ninth round of financing, marking a significant step in the humanoid robot industry's transition from technology verification to commercialization. This round of financing will accelerate the implementation of the technology in home consumption scenarios and the integration of the industry chain.