Hangzhou-based Unitree Robotics, a rising star in China’s booming robotics industry, has increased its registered capital from 2.6 million yuan to 2.9 million yuan (US$400,000), a move that could signal preparations for a new fundraising round.
The company fuelled speculation about a potential initial public offering (IPO) in May when it transitioned from a limited liability company to a joint-stock company. According to Chinese corporate database Tianyancha, this restructuring allowed Unitree…
