- The reported RMB 50 billion valuation relates to a round nearing completion, not a confirmed closed transaction.
Investor account of a new round
Caijing reported on October 13 that AGIBOT had started a new financing round seeking about RMB 1 billion to RMB 1.5 billion. Investors cited by the publication described the process as close to completion and put the valuation at approximately RMB 50 billion.
Company response remains outstanding
The report says AGIBOT began preparing for a Hong Kong listing in July. It also records no response from the company on the new financing, valuation or IPO progress. The funding figures remain attributed to investors, and this report does not establish a completed raise or a confirmed listing timetable.
Sources & context
Go to the original material. Company claims remain attributed to their sources.
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