Dexmal, a smart machine company powered by the Force, has recently raised nearly 1 billion yuan in two rounds of financing, with Alibaba and NIO Capital leading the investment.

Recently, Dexmal, a company specializing in intelligent robotics, announced the completion of a round A+ financing worth hundreds of millions of yuan, with Alibaba as the exclusive investor. Prior to this, the company's A-round financing was led by NIO Capital, with follow-on investments from Hongtai Fund, Lenovo Venture Capital, XVC, and Zhengjing Fund. Existing shareholders Junlian Capital, Qiming Venture Partners, and Jikuang Venture Partners also made additional investments. The two rounds of financing totaled nearly 1 billion yuan, and the funds will primarily be used for the research and development as well as implementation of intelligent robotics software and hardware technology.