Former Huawei 'Genius Youth' secures four rounds of funding in six months, but their household robot has not yet been launched.
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Beating AI Express News: Embodied intelligence firm Euler All-Things has secured hundreds of millions of yuan in an angel+ round of financing, with investors including Chengyuanxiang Fund, Core Energy Venture Capital, Topband Co., Ltd., and Hony Capital. This marks the company’s fourth funding round since its establishment in March this year. Founder Zhou Shunbo, former head of Huawei’s Embodied Intelligence Innovation Lab, joined Huawei via the "Genius Youth" program. Euler All-Things aims to develop household robots capable of performing chores and learning new skills from users. Its first product features a wheeled chassis and dual robotic arms, initially targeting developers and makers to enable user participation in robot training. The company has also partnered with domestic service provider Goodang Home, planning to leverage real household scenarios and professional service workflows to train its models. However, the funding pace has outstripped product delivery: Euler All-Things has not yet launched a commercial robot product, with its public achievements limited to two models (OLA-Sem, OLA-Geo) and a household scenario demonstration. Zhou Shunbo has revised his original goal of selling at least 1,000 robots by 2027, citing ongoing issues with supply chain, heat dissipation, and hardware reliability. The updated plan is to conduct small-scale verification of the first-generation product in Q1 2027, with large-scale mass production arrangements to be finalized in the second half of the year.
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