Nanjing-based embodied intelligence hardware supplier ENCOS has closed a Series B round of more than RMB 300 million (roughly $42 million) to accelerate mass production of the core components humanoid robots need to leave prototype labs: integrated joint modules, force-feedback dexterous hands and hot-swappable battery packs. PEDaily and industry outlet Gasgoo Auto News reported the deal on 15 September 2026.
CITIC Goldstone Leads, Nice Group And Suzhou Innovation Join
The round was led by CITIC Goldstone Fund with participation from Nice Group and Suzhou Innovation Investment. ENCOS said proceeds will fund capacity expansion at its Nanjing production base, deeper R&D on its planetary, harmonic and cycloidal joint families, and a global sales push targeting humanoid OEMs in China, Japan, South Korea and Europe.
Founded in 2022 by a core team from Nanjing University of Aeronautics and Astronautics, ENCOS has quietly become one of the busiest suppliers in China's humanoid supply chain. The company said it shipped more than 100,000 joint module units across 2025 and that its full-joint force-feedback dexterous hand entered volume production earlier this year.
Three Products, One Mass-Production Story
ENCOS is pitching a component stack rather than a single hero part. Its 14mm hollow-bore planetary joint module is designed for humanoid legs and arms, offering high torque density and internal cabling. The 20 active-DOF dexterous hand delivers per-joint torque sensing over EtherCAT, targeting manipulation-heavy tasks like sorting, assembly and household chores. A universal hot-swap battery module rounds out the portfolio, aimed at keeping fleets running for 24-hour deployments in warehouses and factories.
Riding China's Humanoid Component Wave
The financing lands as Chinese humanoid OEMs race to industrialise. Weeks earlier, XPENG Robotics closed a $900M Series A at a $6.3B valuation to mass-produce its IRON humanoid, while the first IRON units rolled off the Guangzhou line in early September. Component suppliers such as ENCOS, alongside efforts like NSK and Atom's Japanese actuator base, are now the pinch point for how fast that fleet can scale.
What The Money Buys
Investors said the round should let ENCOS double its joint-module capacity and finance certification work required for automotive-grade humanoid deployments. The company did not disclose a post-money valuation, but Gasgoo cited plans for a fresh production line and a new overseas application centre to support pilot programmes with US and European customers.
Reporting based on coverage from PEDaily, Gasgoo Auto News and Tech Startups.