Hangzhou maker of robot dogs plans to raise 2.5 billion yuan as subsidies, inventory growth and modest humanoid sales draw scrutiny
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Deep Robotics exhibits a quadruped robot dog in Guangzhou on Dec. 5, 2025. Photo: VCG
The robotics company is the latest of Hangzhou’s “six little dragons” to show substantive IPO progress.
The fundraisings of Astribot, Spirit AI and XYZ Embodied AI exemplify the boom in the industry, whose leaders are moving toward…
The company is set to become the first mainland-listed company in the sector after securing fast-track approval for its STAR…
State-backed funds and Baidu back the embodied AI developer as China accelerates commercialization of humanoid robots
Chinas robotics sector is gearing up for a wave of IPOs as the country positions itself at the forefront of the next phase of AI.…
Humanoid robots overtake quadrupeds as revenue driver, powering profitability turnaround
