Lobo Party completes $20 million angel round of financing.

Sina Finance reported on March 31 that Shanghai RoboParty Technology Co., Ltd. has completed a $20 million angel round of financing, with national capital from Sensetime and additional investment from Sequoia Capital China as joint lead investors, with additional investment from Pudong Venture Capital, Shanghai Future Industry Fund, and other institutions. According to business data platform Qichacha, the company was established in February 2025 and has completed three rounds of financing in the past six months. At a recent global developer pioneer conference, RoboParty showcased a fully open-source bipedal humanoid robot prototype called "Robo Head."