robotsCDH Investments has led a US$100 million investment in Ubtech, a Shenzhen-based intelligent humanoid robots maker, according to Chinese media reports. CITIC Securities and other unnamed investors also participated in the round, which values the start-up at US$1 billion post-money. Ubtech's Alpha 1S robots, together with DJI's drones, were featured on the Chinese New Year's […]

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Visit the original source and full text: China Money Network