Chinese Robotics Firm Secures $200 Million Investment Before Planned Public Listing
Shenzhen-based Leju Robotics has secured over $200 million in new funding from investors including state-backed entities. The company plans to use the capital to develop new robots and scale production ahead of a planned public listing, according to reports.
Major Funding Round for Robotics Developer
Chinese humanoid robot manufacturer Leju Robotics has reportedly raised more than $200 million in fresh funding ahead of a planned initial public offering, according to company statements released Wednesday. Sources indicate the substantial investment demonstrates continued confidence in China’s emerging robotics sector as it positions itself against international competitors.
