RoboticsRMB 500M

Service-robot maker Youliqi raises RMB 500 million in Pre-A

Source: Huxiu; Mon, Nov 9, 2026

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Investors include Xienuo Investment, Yonghua Capital and Greenland Group.

Read original ↗Source: Huxiu · 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

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Service-robot maker Youliqi raises RMB 500 million in Pre-A

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