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Quantum Systems raises $1.2B as Airbus bets on drone rival
Robotics & Automation

Quantum Systems raises $1.2B as Airbus bets on drone rival

Munich-based Quantum Systems hit an $8 billion valuation after Blackstone, Airbus, Advent, and Noteus co-led a $1.2 billion Series D, more than doubling the drone maker's worth in under a year.

Tech Startups
venture-capitaleurope
EngineAI Files for Hong Kong IPO as Its T800 Factory Ships One Humanoid Robot Every 15 Minutes
Robotics & Automation

EngineAI Files for Hong Kong IPO as Its T800 Factory Ships One Humanoid Robot Every 15 Minutes

EngineAI Robotics, the Shenzhen-based humanoid robot maker that opened a 12,000-square-metre factory in May and immediately began mass deliveries of its T800, has filed confidentially for a Hong Kong IPO. The three-year-old startup is valued at $1.5 billion after a $200 million Series B in April — and it is joining a stampede of Chinese robot makers racing to list while investor appetite for humanoid robots is at its highest point in history.

Bloomberg
humanoid-robotsrobotics