Robot maker AGIBOT nears new funding round at RMB 50 billion valuation

Chinese AI robot maker AGIBOT is nearing completion of a new funding round of approximately RMB 1 billion to RMB 1.5 billion, valuing the company at about RMB 50 billion, according to investors cited by Caijing. Founded in 2023, AGIBOT began preparing for a Hong Kong listing in July. An investor told Caijing that the new financing would push its IPO beyond the end of 2026, citing a requirement for a 120-day interval between completion of pre-IPO financing and listing unless an exemption is grant