UBTECH Robotics, Inc.

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UBTECH Robotics, Inc. - overview

Established

2012

Location

Shenzhen, Guangdong, China

Primary Industry

Software

About

Established in 2012 and based in Shenzhen, China, UBTECH Robotics, Inc. is an artificial intelligence (AI) and humanoid robotic company that focuses on the development of humanoid robots. In 2014, the company produced Alpha, a small humanoid robot. In 2018, it released the humanoid robot Walker.


In December 2023, the firm raised a pre-IPO funding for CNY 500 million. In 2023, the company was listed on the Hong Kong Stock Exchange. Its stock code is 09880. As of December 31, 2022, UBTECH Robotics, Inc.


has more than 1,600 authorized patents, of which invention patents account for nearly 50%. The company's main products include humanoid robots, commercial robots and health care robots. Commercial robots include cleaning robots and delivery robots. The company's products are used in education, medical and pet industries.


In 2022, the company's operating income was CNY 1. 01 billion, and the net profit was CNY -987. 37 million.


Current Investors

CDH Investments, CITIC Goldstone Fund Management, CITIC Securities

Primary Industry

Software

Sub Industries

Software, Scientific Software

Website

www.ubtrobot.com

Verticals

Artificial Intelligence, Manufacturing, Robotics

Company Stage

Mature

Total Amount Raised

Subscriber access only

UBTECH Robotics, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onAnnouncedZhejiang Fenglong Electric Co., Ltd.-

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