Qiming Venture Partners' Portfolio Company UBTech Listed on Hong Kong Stock Exchange
Qiming is UBTech's early institutional investor, exclusively investing in its Series A round in 2015
- Qiming is UBTech's early institutional investor, exclusively investing in its Series A round in 2015
SHANGHAI, Dec. 29, 2023 /PRNewswire/ -- Qiming Venture Partners' portfolio company UBTech, a humanoid robot leader in China, successfully debuted on the Hong Kong Stock Exchange today. - The first humanoid robot company to list on the exchange, UBTech (SEHK:9880)'s issue price was HK$90.00 per share, valuing it at HK$37.60 billion.
- As an early institutional investor in UBTech, Qiming has been a key supporter since exclusively investing in its Series A financing in 2015.
- Established in March 2012, UBTech is one of the few market players in the global humanoid robot industry.