Galaxea has completed the first equity restructuring in the embodied intelligence sector for the year 2026.
Business registration information reveals that Galaxea (Beijing) Artificial Intelligence Technology Co., Ltd. completed its industrial and commercial changes in January 2026, officially changing its name to "Galaxea (Beijing) Artificial Intelligence Technology Co., Ltd." The enterprise type was altered from a "Limited Liability Company" to a "Joint Stock Limited Company (Foreign Investment, Not Listed)".
Galaxea was established in September 2023 and has cumulatively completed nearly 10 rounds of financing, raising a total of nearly 2 billion yuan. Its investors include Ant Group, Meituan, Gaorong Capital, IDG Capital, and Today Capital. According to public market information, Galaxea's current valuation is close to 10 billion yuan.
The field of embodied intelligence is currently experiencing a dual surge in both industrialization and capitalization. As technology matures and application scenarios continue to expand, a growing number of embodied intelligence companies are either accelerating their IPO timelines or optimizing their capital structures to secure more development funds. On a professional level, this type of industrial and commercial change is referred to as an equity restructuring. According to relevant Chinese regulations, a limited liability company cannot list directly; after restructuring, the company divides equity to define interests, establishing standardized governance structures such as a shareholders' general meeting, a board of directors, and a board of supervisors, thereby achieving a separation of ownership and management control. Generally, after an equity restructuring, a company meets the basic requirements for accessing capital markets in terms of equity structure, governance standards, and information disclosure. This not only removes obstacles related to corporate eligibility for a subsequent IPO but also lays an institutional foundation for future capital operations, such as introducing strategic investors, implementing equity incentives, and conducting mergers and acquisitions. It represents a milestone in a company's transition from "closed operations" to "open, capital-driven management". Over the past year, several leading embodied intelligence companies have been reported to be preparing for listings or undergoing equity structure reorganizations. Unitree has already completed its IPO辅导, and Zhiyuan Robot had previously completed its equity restructuring. Listing rumors have included both backdoor listings on the A-share market and pursuing IPOs in Hong Kong. Currently, Galaxea has not publicly announced a specific IPO timetable, but this equity restructuring has cleared the corporate eligibility障碍 for a subsequent listing. Industry insiders analyze that as competition in the embodied intelligence赛道 intensifies, capital backing will become a crucial support for companies aiming to capture market share. Galaxea's capitalization process may provide a new reference model for industry development. Galaxea was founded by a team of post-90s generation entrepreneurs with backgrounds from Tsinghua University. The company focuses on developing foundational models for embodied intelligence and robot本体. It has successively launched the end-to-end dual-system VLA model G0 and the globally first plug-and-play upgraded version, G0 Plus. Its open-world dataset (Galaxea Open-World Dataset) has been downloaded over 500,000 times since its release, and its open-source platform ranks among the global leaders in downloads of real robot data. Notably, Galaxea's wheeled dual-arm robot has achieved scaled deployment. It has been adopted by institutions including the Stanford team led by Fei-Fei Li and Physical Intelligence (PI), and has already secured orders for thousands of units from leading domestic automotive and logistics companies.
(Disclaimer: The article content is for reference only and does not constitute investment advice. Investors proceed at their own risk.)