Om AI raises hundreds of millions of yuan for on-device physical AI push

What's the deal? Hangzhou Om AI Technology, known as Om AI, has raised a new round worth hundreds of millions of yuan. Qianhai Fund of FundsDealroom has a profile for this one. Try Dealroom → led the round, with the Hangzhou government industry fund and other backers participating.

What's the endgame? Om AI builds on-device multimodal AI models for physical AI applications. Its self-developed VLX base model powers a full-stack loop of continuous perception, precise localisation, and action decision-making. The company will use the funds to iterate its VLX model series, deepen research barriers, and speed commercialisation.

Why now? The round coincides with Om AI open-sourcing VLX-Seek 1.5, an on-device fine-grained perception multimodal model. The company says its 3B-parameter version beats Nvidia's LocateAnything-3B on several metrics, raising drone embodied-scene accuracy by 62.9% and cutting target false-positive rates by 74.8%.

Where's the traction? Om AI is building a full-stack commercial loop around its "one brain, many forms" capability. It has partnered with LenovoDealroom has a profile for this one. Try Dealroom → and Apple on "OttoBox AI Studio" for AIPC hardware, and works with embodied-intelligence firms to add perception, memory, and decision-making to terminal devices. Its wearable AI visual product Homer AIDealroom has a profile for this one. Try Dealroom → serves nearly 100,000 visually impaired users nationwide, with about 10 million monthly AI calls.

What they said: "In the future, the company will continue to deepen on-device native technology innovation," chief executive officer Zhao Tiancheng said, adding it would "keep open-sourcing to empower the developer ecosystem."

The signal: The investment reflects a shift in AI from cloud compute races toward on-device deployment, with physical AI emerging as a focus for capital. Backing from a fund of funds and a government industry fund signals institutional confidence in the on-device model — and points to where investors expect the next wave of commercialisation to land.

Read more: 36kr.com

Image credit: Generated with Gemini