Robotics Firm Linkerbot Reportedly Weighs Hong Kong IPO This Year, Potential to Raise Billions

Stock News
05/19

Chinese robotics startup Linkerbot, which focuses on developing high-dexterity robotic hands, is reportedly considering an initial public offering (IPO) in Hong Kong. According to reports, the company has engaged CMB International, CITIC SEC, and HSBC to arrange the share sale, which could take place as early as this year. Discussions are ongoing, and some sources indicate that if the plan proceeds, Linkerbot could raise up to several hundred million dollars through the listing. This month, Linkerbot stated it aims to achieve a valuation of $6 billion in its next funding round, double the valuation from its recently completed financing. The company previously completed a Series B+ round at a $3 billion valuation. Early investors in Linkerbot include Ant Group, affiliated with Alibaba, and Sequoia Capital China. In the latest funding round, state-backed investors such as Zhongguancun Science City Fund, Bank of China Asset Management, and Fosun Capital participated. Public information shows that Linkerbot specializes in dexterous hand and cloud-based intelligent core technologies. By building an embodied intelligence platform, it aims to drive development in both B2B and B2C markets. The company offers its leading LinkerHand product, providing innovative and efficient automation solutions to global users.

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