Report: Chinese Robot Startup Linxin Qiaoshou Seeks $6 Billion Valuation
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Author:小编   

Chinese robot startup Linxin Qiaoshou completed its Series B+ funding round last week, achieving a valuation of $3 billion, with investments from Zhongguancun Science City Fund, BOC Asset Management, Fosun Hony Capital, and others. The company plans to seek a $6 billion valuation in its next funding round, doubling its current valuation. Linxin Qiaoshou specializes in highly dexterous robotic hands, holding over 80% of the global market share for high-degree-of-freedom dexterous hands. It has a monthly production capacity of nearly 5,000 units, aiming to increase this to 10,000 units within the year.