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Robotics firm eyes US IPO in 2029-2030
5 Jun
Summary
- British tech company Humanoid planning U.S. IPO for 2029 or 2030.
- Company has 34,000 robot pre-orders, valued at $2.4 billion.
- CEO Artem Sokolov founded Humanoid in 2024, investing $100 million.
British tech firm Humanoid is strategically planning for a potential initial public offering (IPO) in the United States, with targets set for 2029 or 2030. This move aligns with the company's ongoing efforts to scale up its production capabilities and manage a burgeoning order book.
CEO Artem Sokolov indicated a preference for a U.S. stock exchange for the listing. Currently, Humanoid holds around 34,000 pre-orders for its robots. Deliveries for these pre-orders are slated to commence within the upcoming three years and are projected to generate approximately $2.4 billion in future annual recurring revenue.
Founded in 2024 by Sokolov, Humanoid has not yet engaged external investors. The CEO has personally invested around $100 million into the business to date. Specifics regarding valuation targets or the precise conditions that would initiate the IPO process were not disclosed.
