X Square Robot
XS
X Square Robot develops and manufactures autonomous service robots for indoor commercial settings. The company's robots support routine tasks such as item delivery, customer wayfinding, and facility support. Its platforms combine mobile navigation with onboard sensors and user interfaces so staff can deploy robots across different sites.
Founded by Wang Qian (Founder, CEO), Wang Hao (Co-founder, CTO)
Blended valuation$2.8B
Valuation history
Weekly blended valuation with priced funding rounds marked on the timeline.
$2.9B
blended valuationfunding round
Jun 29, 2026$2.7BOct 5, 2026
All rounds
5 funding rounds, newest first.
| Round | Announced | Raised | Post-money |
|---|---|---|---|
| Series C | Jun 29, 2026 | — | $2.8B |
| Series B | Apr 21, 2026 | $292.8M | — |
| Series A | Jan 12, 2026 | $143.4M | — |
| Series A | Sep 8, 2025 | $140.3M | — |
| Seed | Nov 4, 2024 | $14.1M | — |
Investors
16 investors across all rounds.
- SCSequoia Capital
- XIXiaomi
- ICIDG Capital
- LCLegend Capital
- MEMeituan
- ACAlibaba Cloud
- NWNanshan War Xintou
- BIBeijing Information Industry Development Investment Fund
- CICAS Investment Management
- CDChina Development Bank Capital
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Data as of Oct 14, 2026. Valuations are estimates blended from primary and secondary-market signals — not investment advice.