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Robotics Startup Aims for $6 Billion Valuation
4 May
Summary
- Linkerbot seeks $6B valuation, double its recent funding.
- The company leads the global market for dexterous robotic hands.
- Linkerbot focuses on replicating human craftsmanship skills.
Chinese robotics innovator Linkerbot is gearing up for its next financing round with an ambitious target valuation of $6 billion, a significant increase from its recent $3 billion valuation. This move underscores the escalating investor interest in China's burgeoning humanoid robotics sector. The two-year-old company has already established itself as the global market leader in high-degree-of-freedom robotic hands.
Linkerbot currently commands over 80% of the global market share for these specialized robotic components. Unlike competitors focusing on general-purpose tasks, Linkerbot's strategic focus lies in enabling robots to perform high-value human craftsmanship. CEO Alex Zhou articulated the company's vision to replicate the entire library of human dexterous skills within its hardware, supported by its LinkerSkillNet platform.
The company plans to significantly scale its production of robotic hands to 10,000 units monthly from its current output of nearly 5,000. Linkerbot's technology allows for tasks such as rapidly turning screws, grasping deformable objects, and high-precision manufacturing, supplying leading humanoid robot makers domestically and internationally. This strategic specialization is expected to drive further growth and solidify its market position.
