Meituan Leads C+ and D Rounds for Faoro Robotics as Company Prepares for A-Share IPO
美团两度领投近10亿!哈工大校友在苏州造机器人，冲刺IPO
On October 16, 2026, Faoro (Suzhou) Robotics Technology Co., Ltd. announced the completion of its C+ and D round financing, totaling nearly 1 billion yuan, led by Meituan Dragon Ball and Meituan. The company, founded by Harbin Institute of Technology alumni in Suzhou, specializes in collaborative robots and industrial humanoid force-controlled arms. It entered A-share IPO guidance in September 2026. Investors include Shunwei, Gaojing, Alibaba, and others. Faoro ranks first in domestic and overseas collaborative robot shipments for 2025.
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Source：Chinese robotics — Company news discovery · msn.com