China’s Deep Robotics joins IPO rush as embodied intelligence sector heats up

Deep Robotics, a Hangzhou-based maker of quadruped and humanoid robots, has taken the first formal step towards a mainland stock market listing, becoming the latest Chinese start-up to join a year-end rush into capital markets. The company had entered its initial public offering (IPO) “guidance” phase, according to information published by the China Securities Regulatory Commission on Wednesday, December 24. The preparatory work was scheduled to be completed by June next year. The move made Deep...