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Humanoid maker

MagicLab

Suzhou-based humanoid company developing the full-size MagicBot Gen1 and X1, the small biped Z1, and quadruped robots.

Latest valuation
—

Not disclosed

Disclosed funding
$73.0M

excluding rumors

Robots
4

Registered models

Founded
2024

Private

China

Robots 4 · newest first

Supply relations

RolePartCounterpartProductConfidenceSource
CustomerVision & lidarHesai GroupJT series lidarOfficialseekingalpha.com · 2026-03

Funding rounds

DateRoundAmountValuationInvestorsConfidenceSource
2026-03Other$73.0M—Tiankong Gongchang VC Fund (天空工场创投基金), Tuopu Group (拓普集团), Jinyu Maowu (金雨茂物), Suda Tiangong (苏大天宫), Jiechuang Intelligent (杰创智能)Officialm.bjnews.com.cn
2025-05Series A——Hechuang Zhiyuan (禾创致远), SMIC-linked Xinlian Capital (芯联资本), Hua Capital (华映资本), Xiaochi Capital (晓池资本), Yuanhe Houwang (元禾厚望)Reportedscroll.huanqiu.com
2024-12Angel——Dreame Ventures (追创创投), Yipu Fund (翼朴基金)Reportedscroll.huanqiu.com

Source dates are shown per row. Funding totals exclude rumors, IPOs, acquisitions and grants.