Chinese humanoid robot maker Unitree Robotics plans to conduct a new round of fundraising, according to a local media report, intensifying speculation around the start-up’s potential initial public offering (IPO).
Hangzhou-based Unitree’s latest financing initiative would value the company between 10 billion yuan and 15 billion yuan (US$1.4 billion and US$2.1 billion), Chinese digital media outlet Sohu Tech reported on Friday, citing sources.
That would follow Unitree’s restructuring last week,…
Unitree eyes pre-IPO fundraising, valuing robot maker up to US$2 billion: report
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