Smart Cooking Robot Firm Zhigu Tianchu Secures Nearly 100 Million Yuan in Strategic Funding, Led by China Merchants Venture Capital

On July 27, intelligent cooking robot company Zhigu Tianchu announced the completion of a new round of strategic financing, raising nearly 100 million yuan. This round was led by China Merchants Venture Capital, with Yueqian Capital participating, and existing shareholders Yunqi Capital and Qifu Capital continuing to follow-on invest.

Zhigu Tianchu is a leading domestic intelligent cooking robot enterprise, focusing on the deep integration of AI technology with Chinese cuisine. The company has successfully built an integrated solution encompassing robot hardware, AI algorithms, and a data platform, with products covering multiple scenarios such as commercial kitchen automation.

Following the completion of this financing round, Zhigu Tianchu will focus on advancing physical AI research and development, accelerating the standardized cooking capability output for Chinese and global cuisines. The company has previously pioneered a profitable business model, becoming one of the few enterprises in the cooking robot sector to achieve positive profitability.

China Merchants Venture Capital stated that it sees great potential for intelligent cooking robots in the digital transformation of the catering industry. With rising labor costs and the accelerating trend of catering chain operations, the commercialization window for cooking robots is opening. Zhigu Tianchu’s dual advantages in technology and commercialization position it as a leader in this sector.

Source: Bot Telegraph China