UBTECH raises $820M Series C at $5B valuation
UBTECH Robotics raised $820 million in Series C funding at a $5 billion valuation.
Evidence notes
- Tencent led the completed financing.
- The round also included strategic and institutional investors supporting UBTECH's AI and humanoid-robot development.
- The completed 2018 round replaced a proposed $400 million Series C that did not close in 2017.
Company context
Chinese robotics manufacturer known for AI-powered humanoid robots (e.g., Walker series), service robots, educational kits, and smart robotic solutions across industries including logistics, healthcare, and STEM education. Listed on HKEX (9880.HK), founded March 2012.