Chinese humanoid robotics maker EngineAI has closed a $200 million Series B round, valuing the company at $1.4 billion. The round was led by Henan Investment Group's Huirong Fund, with manufacturing titan Luxshare Precision joining the cap table.
Why Luxshare matters
Luxshare is Apple's most important Chinese supplier, assembling iPhones, AirPods, and Apple Watch units at massive scale. Its entry into humanoid robotics signals something specific: the industry's bottleneck is shifting from R&D to manufacturing. Building one humanoid is engineering. Building 5,000 is supply chain management, and that is Luxshare's core skill.
EngineAI's CEO Zhao Tongyang confirmed the company has prepared for delivery of 4,000 to 5,000 units in 2026, scaling to 30,000 to 50,000 annually by 2027.
The products
The flagship T800 stands 173 centimeters tall, delivers 450 N·m peak joint torque, and starts at $25,000. The lighter PM01 targets commercial applications. Together, the two models have generated over 500 million yuan ($70 million) in framework orders across three sectors: factory floor collaboration, automated security patrols, and retail service (what EngineAI calls "Cyber Staff").
Context
EngineAI is the latest in a wave of Chinese humanoid companies raising large rounds. UBTech reported $119 million in robot revenue last week. Unitree filed for a $580 million IPO. The sector is moving from demos to delivery, and investors are rewarding companies that can prove manufacturing readiness. Having Luxshare on the cap table is the strongest signal yet that EngineAI intends to compete on volume, not just prototypes.
Sources: Humanoid Daily
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