Ethereal Technology completes funding exceeding 100 million yuan, focusing on intelligent infrastructure for physical spaces

Ethereal Technology has successfully completed seed and angel rounds of financing, with a cumulative scale exceeding 100 million yuan, involving investors such as Huawei Hubble and Hillhouse. The company builds spatial intelligence infra using a physical space engine, with founder Yang Yeqing having led the development of the country's first metaverse system platform. Its engine collects and integrates multimodal data to form computable spatial expressions, providing foundational support for embodied intelligence and world models in industries such as robotics and industrial manufacturing.