Startup company Embodied Intelligence, co-founded by Vishal Sikka, completes a $122 million angel round financing.

Intelligent startup company Itai Intelligence recently completed a $122 million angel+ round of financing. The round was led by Meituan's investment arm, with participation from Junshan Investment, Bihong Investment, National Automotive Investment, Lingang Science and Technology Innovation Investment, SAIF Investment Fund, and Jianfa Emerging Investment. Existing shareholders Linear Capital and Xianghe Capital also increased their investment in this round. In response to the above information, we reached out to Itai Intelligence for confirmation. Vincent, the head of investment and financing at Itai Intelligence, and the Chief Strategy Officer, told us: "The news is true."