UBTECH plans to increase improvement, manufacturing, and deployment of commercial humanoids. Supply: UBTECH Robotics
Humanoid robotics developer UBTECH Robotics Corp. has reportedly secured a credit score line of as much as $1 billion from Infini Capital to increase manufacturing and advertising. The businesses plan to ascertain a three way partnership to construct a “superfactory,” a analysis and improvement middle, and regional headquarters within the Center East.
UBTECH mentioned its partnership with Infini Capital will assist it preserve management in robotics improvement, speed up commercialization, and improve market share and profitability.
The worldwide humanoid robotic market might attain practically $1 billion by 2050, with China presently main in improvement, in keeping with Morgan Stanley.
UBTECH expands in manufacturing
Based in 2012, UBTECH Robotics has been creating low-cost humanoid robots for training, customer support, healthcare, logistics, and manufacturing.
The Shenzhen, China-based firm claimed that its Walker S collection is concerned within the highest variety of manufacturing facility coaching applications worldwide. Its companions embody BYD, Dongfeng Liuzhou Motor, Geely Auto, Zeekr, FAW-Volkswagen Qingdao Department, Audi FAW, BAIC New Vitality, SF Categorical, and Foxconn.
In July, UBTECH received a $12.6 million contract from Shanghai-based Miyi Automotive Expertise Co. that it asserted is the biggest present procurement order for humanoids.
Infini Capital takes a stake
Infini Capital mentioned its Excessive-Tech Fund will present UBTECH with speedy financing choices together with collaborating in a inventory placement, subscribing to convertible bonds, and granting cash-withdrawal rights. It’s also rising its holdings of UBTECH shares to a 5% fairness stake.
UBTECH had beforehand deliberate to lift $307 million in a Hong Kong inventory providing, reported the South China Morning Publish (SCMP).
“For the primary half of 2025, UBTECH posted a income improve of 27.5% to 621 million yuan ($87.1 million U.S.), whereas its losses narrowed to 414 million yuan from 516 million yuan a 12 months earlier,” wrote the SCMP. UBTECH’s rising record of opponents consists of Unitree Robotics and Boston Dynamics.
With headquarters in Abu Dhabi within the United Arab Emirates and Hong Kong, Infini Capital mentioned it has invested greater than HK$10 billion ($1.2 billion U.S.) in rising applied sciences together with synthetic intelligence, humanoid robots, and sensible manufacturing.
“This collaboration alerts worldwide capital’s long-term optimism about China’s humanoid robotics business,” said the funding agency. “Because the ‘first humanoid robotic firm to go public,’ UBTECH continues to advertise the sensible utility of humanoid robots and has achieved international management.”
Find out about humanoids at RoboBusiness
This 12 months’s RoboBusiness, which shall be on Oct. 15 and 16 in Santa Clara, Calif., will embody periods targeted on humanoid robotic improvement and deployment, together with a keynote panel on “Classes Realized from First Humanoid Deployments.” Audio system will embody Katlyn Lewicke, head of worldwide automation technique and intel at GXO Logistics, and Jim Fan, director of AI and a distinguished scientist at NVIDIA.
The humanoid observe at RoboBusiness will even embody periods on:
- “Humanoids for Actual Purposes: Mastering Security and Efficiency,” with Nikolai Ensslen, CEO of Synapticon
- “Developments in Humanoid Actuation,” with Jordan Schaeffler, strategic enterprise improvement engineer at Novanta
- “Integrating Behavioral Science into Humanoid Design,” with Ram Devarajulu, vice chairman and head of robotics for North America at Cambridge Consultants
RoboBusiness, the premiere occasion for builders and suppliers of economic robots, will even have tracks on bodily AI, enabling applied sciences, and design and improvement greatest practices. It’s going to characteristic greater than 60 audio system, a startup workshop, the annual Pitchfire competitors, and quite a few networking alternatives.
Over 100 exhibitors on the present ground will showcase their newest enabling applied sciences, merchandise, and companies. The occasion is produced by WTWH Media, which additionally produces The Robotic Report, Automated Warehouse, and the Robotics Summit & Expo.
Registration is now open for RoboBusiness 2025.
