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Woofun AI reports that Boundless Power has finalized an angel financing round exceeding $200 million, marking a second major capital injection within a single month. This latest round was co-led by prominent institutions including JD.com-affiliated funds, C Capital, Hongyi Investment, and Shengyu Investment, while existing backers such as Linear Capital, Sequoia China, Huaye Tiancheng, and Yarui Capital participated in the follow-on investment. The capital deployment is designated for the development of a universal embodied intelligence system, the construction of technical infrastructure, and the execution of global-scale deliveries.
Concurrently, a Pre-A round valued at nearly $200 million is approaching completion, signaling a total fundraising volume of hundreds of millions of dollars for the company in the first half of 2026. Previous investor cohorts include Hillhouse Capital, Baidu Venture Capital, Envision Technology Group, CICC Porsche Fund, Beijing Artificial Intelligence Industry Fund, and Shenzhen Venture Capital, reflecting broad institutional confidence in the firm's trajectory.
Established in 2025, Boundless Power specializes in "universal embodied intelligence systems" and "operational intelligence," utilizing a technical strategy defined as "hidden space world model + reinforcement learning." The company's robot prototype, designated K15, has officially entered the mass production phase, transitioning from R&D to commercial deployment. Commercial traction is already evident, with the firm securing orders totaling nearly $100 million from global clients including Envision Technology Group, ZF LIFETEC, and Omron Automation Group. These contracts span diverse industrial and commercial scenarios, prompting Boundless Power to begin delivering integrated software and hardware solutions characterized by generalization capabilities to these partners. The rapid accumulation of capital and orders underscores a shift from theoretical development to tangible industrial application.
The broader landscape of embodied intelligence entrepreneurship has evolved significantly since the first wave of professor-led startups emerged around 2023. In the subsequent two to three years, numerous new entrants have joined the sector, with many teams pivoting from autonomous driving ventures at companies like NIO, Xiaopeng Motors, and Huawei. An industry investor noted that this wave of new companies peaked in the first half of the current year, observing that early entrants faced significant uncertainty while later participants focused on industry understanding and execution capability. Although technical paths for embodied intelligence models have not yet converged, capital is rapidly flowing toward entities possessing both advanced universal embodied intelligence technologies and proven commercial capabilities. Top industrial capital, alongside major dollar and yuan funds, are heavily investing in this domain, with Boundless Power accelerating its progress along this validated path.
Woofun AI data shows that the founding team's background in autonomous driving provides a distinct competitive advantage through extensive testing in real-world mass production scenarios and superior algorithm engineering skills. Zhang Yufeng, a key founding member and current president of the Intelligent Driving Division, previously led the intelligent driving business at Horizon Robotics. At Horizon Robotics, he managed a team of over a thousand people to achieve breakthroughs in intelligent driving software algorithms, facilitating rapid engineering implementation and mass production. His leadership helped establish Horizon Robotics' intelligent driving business as the number one in the Chinese market and oversaw the mass production of domestic solutions.
Furthermore, he facilitated the first technical transfer of Chinese intelligent driving technology to a global top automaker through a €2.4 billion partnership with Volkswagen Group. Zhang Yufeng posits that autonomous driving represents the first large-scale application of physical AI in human society, offering a valuable developmental blueprint for the current embodied intelligence field.
Co-founder and CTO Xia Zhongpu is recognized as a leading expert in algorithm technology at Li Auto and a pivotal figure in the development of end-to-end models within China's intelligent driving industry. He previously led a team of fewer than 40 people to develop a functional demo within one and a half months, demonstrating exceptional execution speed. At Boundless Power, Xia Zhongpu directs the research and development of the 'hidden space world model + reinforcement learning' approach and oversees the construction and improvement of core technical infrastructure. Investors have characterized the combination of Zhang Yufeng and Xia Zhongpu as representing the most solid foundation among entrepreneurs emerging from the Li Auto and Horizon Robotics ecosystems, citing their proven track records in scaling complex technologies. This dual leadership structure ensures that the company benefits from both strategic vision and deep technical execution.
The technical evolution of embodied intelligence has accelerated, moving from early VLA models to world models, video generation, and hidden space representation within just two years. Before 2025, the 'VLA architecture' dominated the industry but faced limitations due to the requirement for massive training data and restricted generalization capabilities. Boundless Power, founded in 2025, adopted the 'world model' approach and the 'hidden space world model + reinforcement learning' strategy to overcome these constraints. By integrating the 'hidden space' world model with reinforcement learning, the company developed the MWA™, a native multimodal, fully pre-trained universal embodied intelligence system. This system enables robots to understand physical laws and infer causal relationships, distinguishing it from the approaches of other industry representatives. Compared to VLA and 3D space intelligence methods, this technical path avoids information loss during the conversion between language and action representations and eliminates the noise and high hash rate consumption associated with pixel-space predictions.
Reinforcement learning allows these large models to continuously optimize decision-making strategies through autonomous interactions with the real physical world, thereby expanding practical capabilities in complex and highly dynamic scenarios. The self-developed robot hardware platform has undergone multiple iterations, with hardware configuration and software architecture carefully optimized for real-world applications.
Additionally, Boundless Power has constructed a large-scale computing platform delivering 1,200 TOPS (INT8) of computing power for both the "cerebrum" and "cerebellum," which is standardly deployed on its robots. Through continuous refinement and closed-loop iteration across various real-world scenarios, the company is generating broader commercial value. The universal embodied intelligence system, built on breakthroughs in model architecture and learning paradigms, "understands physics and can perform practical tasks effectively" while reducing dependence on data volume.
In the industrial manufacturing sector, Boundless Power has collaborated with leading global automotive companies such as ZF LIFETEC and Omron Automation Group to address specific challenges in real production environments. One client faced difficulties selecting automated solutions for vehicle-grade components for a period of two years before choosing to cooperate with Boundless Power, successfully resolving these issues using the company's model and algorithm technologies. In the energy sector, the firm signed an order worth over 500 million yuan with Envision Technology Group to explore integrated solutions combining "super intelligence" and "super energy." This agreement represents the first overseas order worth over 100 million yuan in China's embodied intelligence operation sector.
Furthermore, in commercial services and physical retail scenarios requiring higher generalization and interaction, Boundless Power has partnered with domestic and international chain coffee brands and consumer giants. These collaborations integrate robots into highly dynamic human-robot collaboration environments, enhancing adaptability and exploring broader commercial opportunities. The convergence of massive funding, proven leadership, and immediate commercial deployment suggests the sector is entering a phase of rapid industrial consolidation.