The round drew top-tier global capital from China, Europe, the Middle East, North America and Southeast Asia, a spread the company frames as a vote of confidence in embodied AI’s long-term value. New investors include IDG Capital, Lens Technology, the pan-European industrial group G.G.G.Group, Redstone VC, Huashan Capital and the Hefei Binhu state industrial fund, … Read more
The round drew top-tier global capital from China, Europe, the Middle East, North America and Southeast Asia. New investors include IDG Capital, Lens Technology, G.G.G. Group, Redstone VC, Huashan Capital and Hefei Binhu Industrial Development Group. Returning backers such as Nio Capital and Oasis Capital increased their stakes, with UAE’s Stone Venture following on across … Read more
General-purpose humanoid robot company LimX Dynamics, headquartered in Shenzhen, has closed a near-200 million dollar Pre-IPO financing round at a post-money valuation of 15 billion yuan (about 2 billion dollars), joining the ranks of China’s super unicorns, the company said recently. It has raised 400 million dollars in total over the past six months, laying … Read more