AI² Robotics is moving toward a Hong Kong IPO. The Shenzhen-based unicorn, barely three years old, just wrapped talks with advisers for a public listing expected sometime next year, according to people familiar with the matter.
The startup raised $736 million in June, pushing its valuation to nearly $3 billion. That's a massive jump from where it stood before. CEO Yandong Guo said last September the company was "looking at 10 times growth in revenue pretty much every year," and the funding round proved the market is betting on that trajectory.
What makes AI² Robotics different is its wheeled humanoid robots, branded AlphaBot, paired with an in-house vision-language-action system called Alpha Brain. Guo calls that the company's "key advantage." The robots aren't just hardware, they're bundled with software that lets them see, understand, and act on visual inputs in ways competitors haven't cracked yet.
The Hong Kong robotics rush intensifies
AI² Robotics isn't alone. Around 50 Chinese robotics companies are now hunting for IPO slots, with rivals like AGIBOT and Unitree already in the queue. Hong Kong has become the go-to listing venue for these startups, partly because mainland Chinese exchanges move slower on robotics approvals and partly because Hong Kong investors have deep pockets for the space.
The company already completed a joint-stock restructuring in April, a structural move that typically signals IPO prep. Guo founded AI² Robotics in early 2023 and had been signaling public ambitions since then, telling Reuters back in September the company aimed to list within one or two years. The timing lines up.
This article is for informational purposes only and should not be construed as financial advice or an investment recommendation.
