Robotic vacuum cleaners ultimately remain a game of capital; the funding window of 3.5-7 billion closed in July, it seems an IPO countdown has begun.

According to Blue Whale News, Zhui Mi has recently opened a direct financing window and plans to release some Pre-IPO shares. The pre-investment valuation in this round may be locked at around 700 billion RMB, and the minimum threshold for a single investment is as high as 350 million RMB. The entire financing window is expected to close in early July. In addition, the share release range for this round is 5% to 10%; if calculated using a valuation of 700 billion RMB, the corresponding financing size is approximately between 3.5 billion and 7 billion RMB. (Cailian Press)