China's TARS raises $120m in biggest angel round in embodied intelligence

China's TARS raises $120m in biggest angel round in embodied intelligence

FILE PHOTO: AI (Artificial Intelligence) letters and robot hand are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

TARS has raised $120 million in what is arguably the largest angel round in China’s fast-rising embodied intelligence industry, with Lanchi Ventures and Qiming Venture Partners acting as the lead investors.

Edited by: Joymitra Rai

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