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Two Chinese Robot Makers Hit Unicorn Status Above 2B Yuan

  • Robotics
  • Funding & M&A

Two Chinese robotics startups have reached valuations above 2 billion yuan (about $2.9 billion) in recent funding rounds, both attaining unicorn status. According to Bloomberg, the companies are Shenzhen-based AI² Robotics and Alibaba Group-backed X Square Robot, cited as evidence that appetite for investment in humanoids and embodied AI remains undimmed.

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