China's Lumos eyes fresh funding, potential listing as factory robot sales grow
· economictimes.indiatimes.com
Lumos has raised about 1 billion yuan ($147 million) across seven funding rounds, the company said. Founder and CEO Yu Chao told Reuters fresh capital would be used mainly for industrial deployments, hardware development, and AI models, including computing infrastructure.
Chinese robotics startup Lumos Robotics is considering a further fundraising round and aims to begin preparing for a possible stock-market listing next year, it...