bullish
UBTech Robotics: China’s Global AI and High-Tech Robotics Unicorn
158 Views31 Oct 2022 15:59
SUMMARY
- UBTech Robotics is a pioneer in AI and leader in intelligent humanoid robots. The company commercialized robots for consumers with a mission to deliver the affordable robot to each family.
- UBTech Robotics has raised ~$940M in equity financing and closed an $820M Series C round in May 2018, the single largest funding ever for AI private company.
- We were impressed by healthy growth at scale, diversified business lines, core AI and robotics technologies, and strong partnerships with Tencent, Apple, and Walt Disney.
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Rising
Andrei Zakharov
Covering IPOs, Healthcare and Technology Stocks
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