Infini Capital is a private equity firm based in UAE. Infini Capital has deployed $1.0B in robotics investments. Its humanoid robotics portfolio includes UBTECH Robotics. Focus areas include deep tech, AI, humanoid robotics, smart manufacturing.
Round size: $1.0B
Infini Capital is a private equity firm based in UAE. Infini Capital has deployed $1.0B in robotics investments. Its humanoid robotics portfolio includes UBTECH Robotics. Focus areas include deep tech, AI, humanoid robotics, smart manufacturing.
UBTECH Robotics reported a 2,203.7% revenue increase for its embodied humanoid robots. The article title suggests a critical perspective on industry hype around humanoid robotics, using the metaphor of the emperor's new clothes.
Chinese humanoid robot companies Dobot and Ubtech are experiencing sales growth in the humanoid robot market but remain loss-making due to substantial R&D costs. Despite increased sales, the companies are unable to achieve profitability as they continue investing heavily in research and development.
JPMorgan raised its shipment target for UBTECH Robotics' Walker S Series humanoid robot while maintaining an overweight rating on the company's stock (ticker: 09880.HK). The analyst upgrade reflects increased confidence in the commercial prospects of UBTECH's humanoid robot product line.