China's Lumos Robotics weighs fresh funding, possible listing

China's Lumos Robotics weighs fresh funding, possible listing

Chinese startup Lumos Robotics is considering a new funding round ahead of a potential stock-market listing next year, founder Yu Chao said. The company, which has raised about $147 million, focuses on factory robots like the MOS 2, aiming for 300 deliveries this year. Yu emphasized reliability and cost savings over flashy demonstrations.

Source: Reuters

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