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Shenzhen-based developer of humanoid and commercial robots, founded in 2012 and listed in Hong Kong in 2023.
UBTECH Robotics, Inc., established in 2012 and based in Shenzhen, China, develops AI and humanoid robots, including Alpha (2014) and Walker (2018), as well as commercial robots such as cleaning and delivery models and health care robots. In December 2023 it raised CNY 500 million in pre-IPO funding and was listed on the Hong Kong Stock Exchange in 2023 under stock code 09880. Its 2022 operating income was CNY 1.01 billion and its net profit was CNY -987.37 million.
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