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 Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Announced | Zhejiang Fenglong Electric Co., Ltd. | - |
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