UBTECH completes CNY20.59M Pre-A financing
UBTECH completed four Pre-A primary subscription closings totaling CNY20.59 million.

Evidence notes
- Four primary subscription closings between October 2013 and October 2014 totaled CNY20.59 million.
- Participants included Leaguer Huarui, Zhengxuan Investment and Zhao Guoqun.
- The final Pre-A closing implied a CNY154 million valuation.
Company context
Chinese robotics manufacturer known for AI-powered humanoid robots (e.g., Walker series), service robots, educational kits, and smart robotic solutions across industries including logistics, healthcare, and STEM education. Listed on HKEX (9880.HK), founded March 2012.