Robotics~RMB 1–1.5B (reported)

AgiBot reportedly nears a new funding round at about RMB 50 billion valuation

Source: TechNode (citing Caijing); Wed, Oct 14, 2026

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Caijing, citing investors, reports a round of roughly RMB 1 billion to 1.5 billion at about a RMB 50 billion valuation. The company has not confirmed the figures, so treat it as unconfirmed.

Read original ↗Source: TechNode (citing Caijing) · Opens the source in a new tab

ABB said on 5 November that China's foreign-investment security review office prohibited SoftBank's acquisition of its robotics business, signed at an enterprise value of about US$5.375 billion. Reports cite concern about data leaving China. It is the second publicly known AI-related foreign deal Beijing has blocked this year, after Meta's Manus purchase of over US$2 billion. ABB says talks continue.

RoboticsHotUS$5.4B deal (blocked)SCMP11-05

AgiBot reportedly nears a new funding round at about RMB 50 billion valuation

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