人形机器人赛道的钱，正在从"造身体"涌向"造大脑"。
36氪报道，人形机器人基础模型公司德塔智能（Delta Intelligence）完成近5亿元天使++轮融资——成立半年第6轮。投资方包括智元机器人、乐聚机器人、星海图等主机厂，高瓴创投、元禾控股、复星锐正、联想创投等机构，以及汽车半导体产业资本。
为什么主机厂抢着投
半年6轮，平均一月一轮，每轮都有新产业方——说明不是创始人追钱，是投资人抢额度。
原因很简单：过去两年人形机器人硬件进展神速（宇树、智元、Optimus、Figure都能走能跑能跳），但放到真实场景还是很"笨"——换个物体抓不起来、地面不平就摔跤、陌生场景直接卡住。硬件瓶颈在突破，软件/模型瓶颈越来越明显。
人形机器人需要通用具身基础模型——在海量机器人交互数据上预训练，能理解物理世界、理解自然语言指令、泛化到新物体新场景、实时规划运动控制。谁先做出来，谁是人形机器人时代的"OpenAI"。
德塔智能核心团队来自UCLA，成员来自xAI、DeepMind、DeepSeek、字节Seed、MIT、清华——顶级学术+大模型工程+机器人落地的组合极其稀缺。
"人形机器人行业正在重演自动驾驶剧本：前半场拼硬件，后半场拼数据和基础模型。德塔智能拿到的不只是钱，是主机厂的数据投喂。"—— Dawn Vision编辑部
具身智能的"安卓时刻"
主机厂抢投还有一个不能明说的原因：不想被卡脖子。如果一家公司做出通用人形机器人基础模型，所有主机厂都要用它，它就成了人形机器人时代的"安卓"——不造硬件但收授权费、抽生态税、定义标准。投德塔智能既是投资也是防御。
同期，柔性触觉传感企业尧乐科技完成Pre-A+轮，预计2026年营收翻10倍——解决机器人"触觉"问题（感知摩擦力、硬度、纹理、温度）。硬件竞争逐渐红海，软件和感知层（基础模型、触觉、视觉、世界模型）成为新价值高地。
Enigma融资7100万美元做"调音量般简单"的机器人控制、灵泊世界2开源1小时长程世界模型、越千仿生手万套量产、宇树IPO推进——具身智能2026夏天全面加速。人形机器人"安卓时刻"还没来，但抢入场券的战争已经打响。
明天见。
Sources · 参考来源
声明：本文为 Dawn Vision 基于公开信息的二次创作与独立分析，标题、观点、行文均为原创，仅供参考，不构成任何投资建议或决策依据。如有侵权请联系删除。
本文基于 Dawn Vision 认知引擎处理的 10 个源信号生成，经编辑部人工审核。素材来源：36氪。
相关入库笔记：德塔智能 · 人形机器人 · 具身智能 · 基础模型 · 天使++轮 · UCLA · 机器人主机厂 · 尧乐科技
Money in humanoid robotics is shifting from "building bodies" to "building brains."
36Kr reported that Delta Intelligence, a humanoid robot foundation model startup, closed an angel++ round of nearly 500M RMB (~$70M) — its 6th round in six months. Investors include robot makers Zhiyuan, Leju, Xinghaitu; VCs Hillhouse, Yuanhe, Fosun RZ, Lenovo Capital; and auto/semiconductor industrial capital.
Why Robot Makers Are Fighting to Get In
Six rounds in six months, averaging one per month with new industrial investors each round — founders aren't chasing money; investors are fighting for allocation.
The reason is simple: humanoid hardware has advanced rapidly (Unitree, Zhiyuan, Optimus, Figure can all walk, run, jump), but dropped into real scenarios they're still "dumb" — can't grasp unseen objects, trip on uneven ground, freeze in novel situations. Hardware bottlenecks are breaking; software/model bottlenecks are growing more acute.
Humanoid robots need a general embodied foundation model — pre-trained on massive robot interaction data, understanding the physical world, natural language instructions, generalizing to new objects/scenarios, planning motion control in real time. Whoever builds it first becomes the "OpenAI of the humanoid robot era."
Delta's core team is from UCLA with members from xAI, DeepMind, DeepSeek, ByteDance Seed, MIT, Tsinghua — top-tier academic + LLM engineering + robot deployment is an extremely rare combination.
"Humanoid robotics is re-running the autonomous driving script: first half hardware, second half data and foundation models. What Delta is getting isn't just money — it's data feeding from robot makers."—— The Dawn Vision Editorial Desk
The 'Android Moment' for Embodied AI
There's an unspoken reason robot makers are investing: they don't want to get locked out. If one company builds a universal humanoid foundation model that all robot makers need, it becomes the "Android of humanoid robotics" — collecting licensing fees, taxing the ecosystem, defining standards without building hardware. Investing in Delta is both bet and defense.
Meanwhile, flexible tactile sensing startup YaoLe Tech closed Pre-A+ expecting 10x revenue growth in 2026 — solving robots' "sense of touch" (friction, hardness, texture, temperature). Hardware competition is becoming a red ocean; software/perception (foundation models, tactile, vision, world models) is the new value high ground.
Enigma raised $71M for "volume-knob simple" robot control, LingBot World 2 open-sourced 1-hour world models, Yuequan Bionic Hands entered 10K-unit mass production, Unitree's IPO progresses — embodied AI is in full acceleration in summer 2026. The "Android moment" hasn't arrived, but the war for tickets has begun.
See you tomorrow.
Sources · 参考来源
声明：本文为 Dawn Vision 基于公开信息的二次创作与独立分析，标题、观点、行文均为原创，仅供参考，不构成任何投资建议或决策依据。如有侵权请联系删除。
This article was generated by the Dawn Vision cognitive engine processing 10 source signals, with human editorial review. Sources: 36Kr.
相关入库笔记：Delta Intelligence · humanoid robots · embodied AI · foundation models · angel++ round · UCLA · robot OEMs · YaoLe Tech
人形机器人行业正在重演自动驾驶剧本：前半场拼硬件，后半场拼数据和基础模型。德塔智能拿到的不只是钱，是主机厂的数据投喂。
—— Dawn Vision编辑部
Humanoid robotics is re-running the autonomous driving script: first half hardware, second half data and foundation models. What Delta is getting isn't just money — it's data feeding from robot makers.
—— The Dawn Vision Editorial Desk
Delta Intelligence · humanoid robots · embodied AI · foundation models · angel++ round · UCLA · robot OEMs · YaoLe Tech
Sources · 信源 Sources
本文基于 Dawn Vision 认知引擎处理的 10 个源信号生成，经编辑部人工审核。素材来源：36氪。
This article was generated by the Dawn Vision cognitive engine processing 10 source signals, with human editorial review. Sources: 36Kr.
