UFACTORY Timeline

Events

• 2025-07-28 - Acquisition - Cheetah Mobile signs agreement to acquire controlling UFACTORY stake - Cheetah Mobile signed a definitive agreement to acquire 60.8% of Shenzhen UFACTORY. The transaction value was about RMB99.5 million. Cheetah said its ultimate beneficial ownership would rise to roughly 75.8%. - source: ir.cmcm.com
• 2018-10-25 - Market Signal - UFACTORY xArm reaches Kickstarter target in 18 hours - UFACTORY's xArm campaign reached its $200,000 Kickstarter target in 18 hours. The arm was marketed for small businesses, research labs and maker spaces. The campaign gave UFACTORY a public signal for lightweight robot-arm demand. - source: engineering.com
• 2014-03-05 - Market Signal - Wired profiles UFACTORY uArm Kickstarter project - Wired profiled UFACTORY's Shenzhen team and its open uArm robotic arm project. The article named Evan Deng and Eric Wang among the project team members. The project positioned uArm as a low-cost developer and education robot arm. - source: wired.com