Standard Robots files for Hong Kong IPO a third time: revenue tripled, still no profit

Founder Wang Yongkun, just 35, started the company in 2016 from a 12-square-metre office with a five-person team and a startup loan. He bet early on laser-SLAM autonomous mobile robots, machines that route, avoid and schedule themselves on the factory floor. A 2018 cash crunch nearly killed it; at 26 he took over as CEO, … Read more