{
  "_meta": {
    "schema_version": "3.0",
    "last_updated": "2026-06-13",
    "languages": [
      "en",
      "zh-CN"
    ],
    "default_language": "zh-CN",
    "sources": [
      "硅谷Top 20 Neo Labs深度研究报告（2026年6月，源报告）",
      "公开融资公告 + 公司官网 + TechCrunch + Crunchbase + Sacra + Sifted + PitchBook + Bloomberg（联网调研截至2026年6月13日）"
    ],
    "unit_note": "valuation_billion_usd / total_funding_billion_usd = 亿美元（1B = 1.0 in this unit）",
    "structure": "Top 20 主榜 + 5 Watchlist = 25 家",
    "v3_changes": [
      "数据补漏：SSI $300亿→$320亿、PI $56亿→$110亿（在谈）、World Labs $50亿（精确化）",
      "新增 5 项风险信号+1 项合作产品输出",
      "Edison Scientific 补充 FutureHouse 平台 2026.5 三大研究里程碑",
      "Language support：metadata.json 加 i18n 字段（en + zh-CN）"
    ],
    "_section": "watchlist"
  },
  "count": 5,
  "labs": [
    {
      "rank": "W1",
      "list_section": "watchlist",
      "name": "Figure AI",
      "slug": "figure-ai",
      "valuation_billion_usd": 390,
      "total_funding_billion_usd": 19,
      "founded_year": 2022,
      "category": "Embodied AI",
      "hq": "San Jose, CA",
      "founders": "Brett Adcock（连续创业者，Vettery/Archer Aviation创始人）",
      "founder_openai_deepmind_alumni_count": 0,
      "theory_basis": "通用人形机器人——无需改造现有产线即可承担体力、重复性工业任务",
      "achievements": "Figure 02在BMW工厂11个月/1250+小时/9万+零件/贡献3万辆X3；Figure 03已发布；估值18个月涨15倍",
      "investment_highlights": "Microsoft/NVentures/OpenAI Startup Fund/Bezos Expeditions/Intel Capital/ARK Invest；Brookfield/Macquarie领投$10亿C轮",
      "watchlist_reason": "产品化进度最实证（BMW工厂实操），但'非实验室'定位明显",
      "status_emoji": "✅",
      "open_source": false,
      "estimated_runway_months": 36,
      "data_freshness": "2025-09",
      "data_freshness_days": 277
    },
    {
      "rank": "W2",
      "list_section": "watchlist",
      "name": "Apptronik",
      "slug": "apptronik",
      "valuation_billion_usd": 55,
      "total_funding_billion_usd": 14.5,
      "founded_year": 2016,
      "category": "Embodied AI",
      "hq": "Austin, TX",
      "founders": "源自University of Texas Human-Centered Robotics Lab",
      "founder_openai_deepmind_alumni_count": 0,
      "theory_basis": "通用人形机器人Apollo——工业制造/物流场景的'具身AI'",
      "achievements": "Google、Mercedes-Benz、ARK Invest背书；2026.2$5.2亿A轮",
      "watchlist_reason": "成立较早（2016），但具身AI叙事下与Neo Labs形成'老兵+新军'对照",
      "status_emoji": "✅",
      "open_source": false,
      "estimated_runway_months": 36,
      "data_freshness": "2026-02",
      "data_freshness_days": 136
    },
    {
      "rank": "W3",
      "list_section": "watchlist",
      "name": "Modal Labs",
      "slug": "modal-labs",
      "valuation_billion_usd": 25,
      "total_funding_billion_usd": 1.11,
      "founded_year": 2021,
      "category": "AI Infrastructure",
      "hq": "New York + San Francisco + Stockholm",
      "founders": "Erik Bernhardsson（前Spotify ML lead、Better.com CTO）+ Akshat Bubna（前Scale AI）",
      "founder_openai_deepmind_alumni_count": 0,
      "theory_basis": "Serverless AI计算平台——亚秒级冷启动、自动弹性GPU",
      "achievements": "ARR约$5000万（2025）；2025.9$1.1亿B轮达独角兽；2026.2在谈$25亿新轮",
      "watchlist_reason": "服务对象100%为AI研究/初创团队，被Menlo视作Neo Lab生态基础设施层",
      "status_emoji": "✅",
      "open_source": false,
      "estimated_valuation_to_revenue_ratio": 5,
      "estimated_runway_months": 36,
      "data_freshness": "2026-02",
      "data_freshness_days": 136
    },
    {
      "rank": "W4",
      "list_section": "watchlist",
      "name": "Merge Labs",
      "slug": "merge-labs",
      "valuation_billion_usd": null,
      "total_funding_billion_usd": 2.52,
      "founded_year": 2025,
      "category": "BCI (Brain-Computer Interface)",
      "hq": "San Francisco, CA",
      "founders": "Sam Altman（个人投资项目）",
      "founder_openai_deepmind_alumni_count": 0,
      "theory_basis": "脑机接口（BCI）——把人类大脑与AI直接连接",
      "achievements": "2026年1月完成$2.52亿种子（OpenAI领投）",
      "watchlist_reason": "Altman个人IP + OpenAI资金背书；与Neuralink形成BCI双子星",
      "status_emoji": "🔬",
      "open_source": false,
      "estimated_runway_months": 48,
      "data_freshness": "2026-01",
      "data_freshness_days": 154
    },
    {
      "rank": "W5",
      "list_section": "watchlist",
      "name": "Living Models",
      "slug": "living-models",
      "valuation_billion_usd": null,
      "total_funding_billion_usd": 0.07,
      "founded_year": 2025,
      "category": "AI for Science",
      "hq": "Paris + Berkeley",
      "founders": "Cyril Veran（CEO，背景含Huawei Noah's Ark Lab/Owkin/Datadog/Institut Pasteur）",
      "founder_openai_deepmind_alumni_count": 0,
      "theory_basis": "为活体系统（植物界起步）构建基础模型——BOTANIC-0（1B参数DNA语言模型）",
      "achievements": "$700万种子；120块B200+1600+植物基因组；bioRxiv论文已发布",
      "watchlist_reason": "小而美的科学基础模型代表",
      "status_emoji": "🔬",
      "open_source": true,
      "estimated_runway_months": 18,
      "data_freshness": "2026-Q1",
      "data_freshness_days": 100
    }
  ]
}