Funding

Qingtianzu (AgiBot co-founded robot rental) closes a 7th round, of several hundred million yuan, and shifts toward Worken-measured robot work

Qingtianzu, the robot rental platform AgiBot and Feikuo Technology co-founded in December 2025, said on Nov. 13, 2026 that it closed a strategic round of several hundred million yuan. It gave no exact amount. Investors include Heda Investment, Houwei Capital (Mango Media's industrial investor) and instant-delivery company Zhonglian Jisong. PEdaily, via 36Kr, counts it as the seventh disclosed round, after seed, angel, angel+, Pre-A, A and A+ rounds from January to May. NBD reports the company announced a RMB 7 billion valuation at the A rounds. Qingtianzu says it is moving from renting out robots to delivering work, measured in Worken: active robots x autonomous working hours x output-efficiency ratio. It claims nearly 20 robot brands on its platform, 20 operating centers and 54 planned city service nodes. The company says Zhonglian Jisong will open last-mile delivery and industrial-park service scenarios so the two can trial robot fleet operations.

Source: 36Kr (Nov. 13, 2026): Qingtian Lease closes a strategic financing worth hundreds of millions of yuan, citing Qingtianzu's official WeChat account

Servospace take: the money is stacking on the rental layer, but the billing unit is still soft

Servospace analysis: seven rounds in about ten months, by the round dates PEdaily lists, is capital going to the company that rents, schedules and services robots rather than the one that builds them. The bet is that customers will pay for finished work instead of machine days.

The unit is the open question. AgiBot's own Worken examples, given to Jiefang Daily on Oct. 29: eight robots, 528 hours and a 0.7 efficiency ratio on a Longcheer factory loading line came to 2,956.8 Worken, and 120 Guangzhou Metro guide robots at 240 hours and 0.5 came to 14,400. Because the ratio is pegged to a standard worker's qualified output per unit time, one Worken works out to about one standard worker-hour of output, by our reading. The same report said Qingtianzu began trying Worken billing in early September, and AgiBot co-founder Wang Chuang called the ratio "still fairly vague", best used alongside hourly or per-result pricing.

Demand is the other gap. Research firm iiMedia estimates China's robot rental market at about RMB 1 billion in 2025 and above RMB 10 billion in 2026, yet its CEO told NBD demand still centers on commercial shows and exhibitions. The Zhonglian Jisong last-mile and industrial-park trials are the logistics test to watch. No contract, fleet size or Worken price has been disclosed.

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