TMTPOST — Physical AI infrastructure company Liqing Intelligent has completed consecutive angel and angel+ financing rounds totaling several hundred million yuan. Ant Group participated in both rounds and led the angel+ financing. Other investors include CMC Capital, National Automotive Investment, funds under CICC Capital, Shanghai AI industry series funds, Zhongguancun Science City Fund, Shanghai Future Industry Fund and others. Existing shareholders such as Shunwei Capital, FreeS Fund and Tsinghua alumni seed funds continued to invest. Proceeds will support physical-world data pipelines, model research and training, physical simulation, capability evaluation, and cross-device adaptation and deployment systems to further develop the company’s Physical AI infrastructure platform.