Galbot is Beijing's fastest-growing humanoid startup, having raised RMB 2.5B (~$345M) in a 2026 Series B led by Alibaba, Meituan, and Sequoia China — one of the largest humanoid raises in Chinese history. The company differentiates on full-body dexterous manipulation, with its G1 platform demonstrating class-leading task completion in logistics and precision assembly. Alibaba's lead position opens a potential deployment channel across its vast domestic logistics network, while Meituan's participation hints at last-mile delivery applications. Galbot's data collection infrastructure and manipulation-first architecture position it as China's answer to Physical Intelligence.