‘Listing is a must’: China’s LimX raises $200m as the humanoid IPO race heats up

LimX Dynamics, a Shenzhen-based humanoid robot startup founded in 2022, has raised $200 million at a $2.21 billion valuation and is preparing for an IPO, likely in Hong Kong. The company is part of a rapidly growing Chinese humanoid robotics sector, with significant investment and a race among firms to go public amid strong domestic and international demand. LimX notably has over half of its orders coming from overseas markets, including plans to expand shipments to the Middle East.