Wang Shiquan, born in 1988, is founder and chief executive of Flexiv, a maker of industrial robots. The Shanghai-based firm claims to have created the world’s first “adaptive” robotic arm in 2019, a precursor to embodied AI. As of May it had raised $332 million…

…since its founding, according to Pitchbook, with backing from firms including Meituan, Xiaomi CEO Lei Jun’s Shunwei Capital, and ZhenFund. It has been worth more than $1 billion since 2022, according to Chinese data provider ITjuzi. Wang co-founded Flexiv in 2016. He holds a doctorate from Stanford University.