Feimoyi Technology

Robotics · Embodied AI · China Tech

Launch

Feimoyi launches with near-$100M IDG-led seed to build open-world robots

The founder's bet: skills honed building driverless cars without maps could teach robots to navigate messy, undefined human spaces.

• Liu Nianqiu, a former DeepRoute executive, founded Feimoyi Technology in 2026 and raised a near-$100 million seed round led by IDG Capital.
• Liu spent years at DeepRoute overseeing Robotaxi operations before helping the company pivot from high-definition maps to a mapless autonomous-driving system.
• Feimoyi calls its robots 'Physical Agents,' aiming to have them operate in open settings like malls, offices and homes rather than the narrowly scripted factory or warehouse tasks common in the sector.
• The company plans to spend 2026 on initial data collection before starting multi-site deployments in 2027, building a loop of deployment, data and retraining.
• Feimoyi's launch fits a broader wave of Chinese autonomous-driving veterans moving into embodied AI, a sector where Kunlunxing Robotics topped a $1 billion valuation across three rounds in under 90 days and Moqi Intelligence raised roughly $149 million in an angel round.
• Feimoyi's open-world bet runs counter to the sector's dominant strategy of narrow, well-defined tasks, arriving just as investors shift scrutiny from technology narratives to proof of real deployment.