Backed by state-owned giants China Telecom and China Unicom, the Series C round positions Deep Robotics to scale its new wheeled-legged and humanoid platforms ahead of a potential IPO.
The quadruped robotics specialist completes a key corporate restructuring, signaling it is the latest major Chinese firm to prepare for a public offering as it expands into the humanoid market.
Hangzhou-based Deep Robotics has introduced the DR02, a humanoid robot featuring an IP66 rating for dust and water resistance, designed to operate in extreme temperatures and challenging industrial environments.