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Megvii Robotics Aims for Hong Kong IPO to Secure Over HK$2.3 Billion
3 day ago /
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Author：小编
Megvii Robotics intends to launch its initial public offering (IPO) on the Hong Kong Stock Exchange this year, with an anticipated fundraising target of approximately US$300 million. Established in 2016, the Beijing-based company boasts a diverse investor portfolio that includes WuXi AppTec, funds affiliated with the Bosch Group, and Sinovation Ventures. Last year, Megvii Robotics successfully completed its Series C funding round, securing US$300 million led by prestigious institutions like Goldman Sachs. Megvii Technology specializes in integrating robotics and artificial intelligence into life science research, experiencing steady revenue growth in recent years and currently holding orders worth RMB 1.5 billion.
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