Ant Group unit Lingbo Technology has launched a first funding round targeting 1.5 bln yuan and aims to complete a second round by the end of this year. If completed on schedule, the pace would outstrip typical fundraising timelines for embodied-AI startups. Over the past year Lingbo has publicly showcased an unusually complete stack—Vision, Depth, Mapping, Video, WorldModel, VA and VLA—covering the end-to-end cognitive chain for robot perception, understanding and action.