Shenzhen-based UBTech Robotics, China’s top maker of humanoid robots, plans to raise about HK$2.41 billion (US$307 million) through a share placement in Hong Kong, according to a filing on Tuesday.
Chinese companies are stepping up their fundraising activities to shore up liquidity and manage refinancing needs as market sentiment shows signs of recovery in the second half of the year. “Investor ...
Sorting Robotics founder describes how his company is innovating and automating the cannabis manufacturing market.
A Chinese company claims to have developed the world’s first humanoid robot capable of running on its own and swapping its batteries when needed. Robotics firm UBTech, headquartered in Shenzhen, says ...
Chinese humanoid robot makers - including Unitree Robotics, AgiBot, Galbot, Engine AI and UBTech Robotics - have become early adopters of Nvidia's latest product that enables their machines to have ...
Huawei has entered into a strategic partnership with Ubtech Robotics Inc. to integrate its AI chip capabilities with Ubtech's humanoid robotics expertise. The alliance aims to fast-track the ...
Shares of UBTech Robotics jumped after it received a large order for humanoid robots, renewing market optimism for the company's business outlook. Shares of the Chinese startup jumped as much as 10% ...
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