Juqiao Industrial Raises Hundreds of Millions of Yuan in Series A Led by Ant Group

Juqiao Industrial completed a Series A funding round worth hundreds of millions of yuan, leaderobot.com reported on October 29, 2026. According to the report, Ant Group led the round, while existing shareholders Lingyi Ventures, Weihai Gangrong and Qingdao Hexin also invested. The company said it will use the funds to expand production and deliveries of its textile electronic skin, conduct research and development in tactile and multimodal technologies, and expand into robotics, home and health and eldercare sectors.

According to leaderobot.com, Juqiao Industrial plans to use the funds not only to expand production and deliveries of its textile electronic skin, but also to advance tactile technology research and development and enter multiple sectors. The significance of the funding is that the company has earmarked it for expanding supply as well as developing sensors, although the report does not establish actual production scale or the products in which they will be used.

What stands out in the report of a funding round worth hundreds of millions of yuan is not only the amount, but also the stated uses of the funds: expanding production and deliveries, developing technology and exploring applications. This points to an effort to move textile electronic skin beyond the research-stage sensor and develop it as a product that can be supplied while seeking applications. However, the reported uses are plans and do not indicate production capacity or actual growth in shipments. The breakdown of the funding was also not disclosed, so it is not possible to determine how much capital will go to manufacturing expansion versus research and development. In a story we published on October 20, 2026, Iwa Tora Intelligence Completes Angel Round of Tens of Millions of Yuan, Co-Invested by Puhua Capital and Hengze Capital, we reported that another company would use funding for research and development in areas including world models and industrial-grade embodied-intelligence systems. No direct link between the two companies' fundraisings has been confirmed, but Juqiao Industrial's announcement can be read alongside that story as an example of commercialization on the sensor side, which measures contact, distinct from the development of models that control robot movement. In implementing embodied AI, supplying equipment that gathers information from real-world interactions is a separate business challenge from model research. A key industry question is whether mass production of tactile sensors can bridge the gap between data collection for research and integration into products. Listing expanded production and deliveries alongside the development of applications as uses for the funds indicates an intention to pursue that link as a business. At the same time, the report provides no basis for assessing the textile electronic skin's specifications, durability, manufacturing yield or delivery volume. Without details on data formats, synchronization with other sensors or the applications for the research and development in tactile and multimodal technologies, it is also unclear how the results would be incorporated into robot training or operations. The next points to watch are the actual amount raised and its allocation, production capacity and shipment results, technical specifications, and specific products for sectors beyond robotics, including home and health and eldercare. Only when these are disclosed will it be possible to determine whether the funding is focused on research and development or on establishing a supply capability that includes mass production and application development.