Alibaba-Backed Robotics Firm Dexmal Seeks $3 Billion Valuation in Funding Round

Chinese robotics startup Dexmal, backed by Alibaba, is reportedly seeking a valuation of around $3 billion in an ongoing funding round, indicating strong investor interest in AI-focused firms.

21 Aug, 05:31 — 21 Aug, 05:31

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bloombergHigh3d ago

Alibaba-Backed Robot Firm Seeks $3 Billion Value in New Funding

Chinese robotics startup Dexmal is seeking a valuation of around 20 billion yuan ($3 billion) in an ongoing funding round, demonstrating strong investor interest in the country’s firms chasing a breakthrough in physical artificial intelligence.

By Bloomberg News

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Alibaba-Backed Robotics Firm Dexmal Seeks $3 Billion Valuation in Funding Round

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Alibaba-Backed Robot Firm Seeks $3 Billion Value in New Funding

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