Hong Kong-backed humanoid robot maker wants to take on tech giants

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Hong Kong-backed humanoid robot maker wants to take on tech giants - SCMP

Quick Summary:

Galbot, a Beijing-based robotics start-up backed by the Hong Kong government, aims to take on tech giants in the global humanoid robot market, its co-founder said in an interview.

A total of 13 start-ups in China raised more than 2.5 billion yuan (US$344 million) in the first half of this year, according to local industry publication Robot China.

Hong Kong also expects the firm to prioritise the city as its initial public offering destination in the future, but a listing timeline has not been discussed internally as the company is only one year old, Yao said.