General humanoid robotics company LimX Dynamics has completed nearly $200 million in a Pre-IPO round of financing.

Mars Finance news, July 14: General-purpose humanoid robotics company LimX Dynamics has completed its Pre-IPO round of financing. The amount raised is nearly $200 million, and the post-money valuation is RMB 15 billion. This round brought together diversified capital from China, Europe, the Middle East, and North America. Investors include IDG Capital, a global all-stage equity investment institution; Luxshare Technology, a leading global AI hardware manufacturing company; pan-European diversified industrial and investment group GGG Group and Redstone VC; Huashan Capital, a global high-tech growth fund; Hefei Binhu Industrial Development Group; and others. Among them, UAE-based Stone Venture has continued to make follow-on investments across multiple rounds; veteran shareholders such as Oasis Capital, Cornerstone Capital, Nanshan Zhanxin, Shangqi Capital, and NIO Capital have added more than their pro-rata share.

LimX Dynamics said: “The funds raised in this round will be focused on breakthroughs and productization of big-and-small brain fusion technology, promoting the large-scale deployment of thousands of fully autonomous humanoid robots, and strengthening global market expansion. The company will further improve its global manufacturing and delivery capabilities, accelerate the layout of key markets such as the Middle East, Europe, and other countries and regions in Asia, and continue building an open ecosystem for developers worldwide to accelerate innovation in embodied intelligence technologies and their industrialization and deployment.” (Venture Capital House CLUB)