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Deer Robot (Luming Robotics) Closes ~1B RMB Across A1 and A2 Rounds, Mitsubishi Electric Leads

Summary by Pandaily
Deer Robot (鹿明机器人), a Tsinghua University-founded embodied AI startup, has closed A1 and A2 funding rounds totaling approximately 1 billion RMB (~140M USD), with Mitsubishi Electric's Chinese subsidiary leading both rounds. The A1 round was co-led by Mitsubishi Electric's intelligent manufacturing subsidiary and old shareholders Puhua Capital and Wuzhong Jinkong. The A2 round was again led by Mitsubishi Electric, with participation from Hengshen…
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Pandaily broke the news on Monday, May 11, 2026.
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