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TECHPandaily

DEEP Robotics Files for STAR Market IPO, Seeks ~$3.5B Valuation

TL;DR AI

Key summary

2 min read

  1. DEEP Robotics’ STAR Market IPO application was accepted by the Shanghai Stock Exchange on May 18.

  2. The company plans to raise about 2.503 billion yuan, with CITIC Securities as sponsor.

  3. It is targeting a post-listing valuation of roughly $3.5 billion.

  4. Most of the proceeds will go toward R&D and manufacturing for quadruped robot platforms and core algorithms.

  5. The filing underscores rising investor interest in China’s robotics sector, especially for industrial and emergency use cases.

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