10月10日，无锡巨蟹智能完成超亿元A+轮融资，华泰紫金领投，德昌电机、九号资本、自变量机器人跟投，老股东科沃斯、南创投继续追投。这家公司最硬核的标签，是机器人关节七大核心零部件全自研——减速器、电机、轴承、编码器、驱动器、力传感器、制动器。全自动化产线已投入运行，CT节拍30秒。产能规划：2026年20万套，2027年100万套，2028年200万套。
On October 10, Wuxi Juxie Intelligent completed a Series A+ funding round exceeding 100 million yuan, led by Huatai Zijin, with Johnson Electric, Ninebot Capital, and AgiBot participating, and existing shareholders Ecovacs and Nancheng Venture Capital continuing to invest. The company's hardest-core label is full in-house development of seven core robot joint components—reducers, motors, bearings, encoders, drivers, force sensors, and brakes. Its fully automated production line is operational, with a CT cycle time of 30 seconds. Capacity plans: 200,000 units in 2026, 1 million in 2027, 2 million in 2028.
机器人关节看起来只是一个“零件”，但拆开来看，它包含减速器、电机、轴承、编码器、驱动器、力传感器、制动器七大核心零部件。大多数关节公司只能做其中几项，其余靠采购。而巨蟹智能的选择是：七大核心零部件全部自研。公司以谐波技术为核心，围绕谐波减速器、无框电机、轴承结构、高度集成以及控制算法持续进行技术迭代，逐步形成从核心部件、关节模组到控制算法和制造工艺的完整技术闭环。
A robot joint looks like just a "part," but disassembled, it contains seven core components: reducers, motors, bearings, encoders, drivers, force sensors, and brakes. Most joint companies can only make some of them, procuring the rest. Juxie Intelligent's choice: full in-house development of all seven. The company centers on harmonic technology, continuously iterating around harmonic reducers, frameless motors, bearing structures, high integration, and control algorithms, gradually forming a complete technology loop from core components and joint modules to control algorithms and manufacturing processes.
“全自研”意味着成本可控、迭代可控、品质可控。公司从材料、结构、工艺到控制开展系统级协同设计，将核心部件的研发与关节模组的整体需求相结合。这种研发方式使公司能够从系统层面统筹关节的性能、尺寸、重量和成本，并围绕整机客户的需求进行适配开发。当一家公司把关节的每一个环节都握在自己手里，它就拥有了定义关节标准的能力。巨蟹智能的产线CT节拍为30秒——这意味着每30秒就有一台关节模组下线。这个节拍放在汽车工业里不算快，但放在机器人关节赛道里，已经是汽车级的效率。
"Full in-house development" means controllable cost, controllable iteration, controllable quality. The company conducts system-level collaborative design from materials, structure, and processes to control, combining core component R&D with the overall needs of joint modules. This R&D approach enables the company to coordinate joint performance, size, weight, and cost at the system level, and adapt development around whole-machine customer needs. When a company holds every step of the joint in its own hands, it gains the ability to define joint standards. Juxie Intelligent's production line CT cycle time is 30 seconds—meaning one joint module comes off the line every 30 seconds. This cycle time is not fast in the automotive industry, but in the robot joint track, it is already automotive-grade efficiency.
机器人关节的规模化，核心瓶颈从来不是能不能造，而是能不能按节拍造。30秒的节拍，就是巨蟹智能对量产的答案。公司全自动化产线已投入运行，持续推进关键装配、测试及质量控制环节的自动化和标准化。其Lite系列关节模组价格已进入百元级，强化了小型化与轻量化设计，关键性能同步提升。目前，产品已切入具身智能、医疗、半导体等领域国内外头部企业供应链，并实现批量化、稳定化供货。
The core bottleneck in scaling robot joints has never been whether they can be made, but whether they can be made to cycle time. The 30-second cycle time is Juxie Intelligent's answer to mass production. Its fully automated production line is operational, continuously advancing automation and standardization of key assembly, testing, and quality control steps. Its Lite series joint modules have entered the hundred-yuan price range, strengthening miniaturization and lightweight design while improving key performance. Currently, products have entered the supply chains of leading domestic and international enterprises in embodied intelligence, medical, and semiconductor fields, achieving batch and stable supply.
巨蟹智能的产能规划极其激进：2026年关节模组产能20万套，2027年增至100万套，2028年进一步达到200万套。从20万到100万，一年翻5倍；从100万到200万，再翻一倍。这个产能规划的背后，是对机器人关节需求爆发的预判。当人形机器人从千台级走向万台级，关节的需求就会从万套级走向百万套级。以一台人形机器人需要14至40个关节计算，当行业年产量达到10万台时，关节需求量就是140万至400万套。巨蟹智能的产能规划，押注的就是这个百万套级的未来。
Juxie Intelligent's capacity plan is extremely aggressive: 200,000 joint modules in 2026, increasing to 1 million in 2027, and further to 2 million in 2028. From 200,000 to 1 million, a 5x increase in one year; from 1 million to 2 million, doubling again. Behind this capacity plan is a bet on the explosion of robot joint demand. When humanoid robots move from the thousands to the tens of thousands, joint demand moves from the tens of thousands to the millions. Calculating at 14 to 40 joints per humanoid robot, when industry annual output reaches 100,000 units, joint demand is 1.4 million to 4 million units. Juxie Intelligent's capacity plan bets on this million-unit future.
本轮融资的阵容，有一个极其鲜明的特征：产业资本密集跟投。德昌电机是全球最大的电机独立供应商之一，在微型电机、驱动系统领域深耕数十年。九号资本背靠九号公司，在短交通和机器人领域有深厚的场景积累。自变量机器人是具身智能头部创业公司，本轮作为产业方直接入股。科沃斯作为老股东继续追投，这家扫地机器人巨头对核心零部件的需求极其旺盛。华泰紫金的评价点出了这笔投资的核心逻辑：“随着机器人产业进入规模化量产阶段，行业竞争正从单点技术突破转向系统能力竞争。巨蟹智能已在核心部件自主研发、一体化关节、成本控制及规模制造等方面形成较完整的能力闭环，并获得多家头部产业客户验证。”
This round's investor lineup has one extremely distinct feature: dense industrial capital participation. Johnson Electric is one of the world's largest independent motor suppliers, with decades in micro motors and drive systems. Ninebot Capital is backed by Ninebot, with deep scenario accumulation in short-distance transportation and robotics. AgiBot is a leading embodied intelligence startup, directly taking an equity stake as an industrial party this round. Ecovacs, as an existing shareholder, continues to invest—this robot vacuum giant has extremely strong demand for core components. Huatai Zijin's assessment points to the core logic of this investment: "As the robot industry enters scaled mass production, industry competition is shifting from single-point technology breakthroughs to system capability competition. Juxie Intelligent has formed a relatively complete capability loop in core component independent R&D, integrated joints, cost control, and scale manufacturing, and has been validated by multiple leading industrial customers."
产业方从客户变成股东，说明它们看到的不是一家供应商，而是能支撑自己百万台出货的产能伙伴。巨蟹智能的全自研+30秒节拍+百万套产能，正在为关节供应商建立一套量产标准。不只是能造出来，而是能按节拍、按规模、按一致性造出来。当头部客户开始要求批量供货，关节供应商的竞争就从技术验证进入了规模交付。而巨蟹智能，已经用产能规划证明了自己准备好了。
Industrial parties moving from customers to shareholders indicates they see not a supplier, but a capacity partner that can support their million-unit shipments. Juxie Intelligent's full in-house development + 30-second cycle time + million-unit capacity is establishing a mass production standard for joint suppliers. Not just being able to make it, but being able to make it to cycle time, to scale, and to consistency. When leading customers begin demanding batch supply, joint supplier competition moves from technology validation to scale delivery. And Juxie Intelligent has already proven with its capacity plan that it is ready.
