Tencent leads $40m round for China’s Ubtech Robotics
Tencent Holdings has led a $40 million Series C round of funding for Shenzhen-based Ubtech Robotics, a humanoid robot maker backed by CDH Investments and Goldstone Investment.
Ubtech, established in 2012, focuses on artificial intelligence and home robotics development. It has launched two models, Alpha and Alpha II, which can be used as personal assistants or for entertainment...
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