INSUBCONTINENT EXCLUSIVE:
Authors: JordanShenzhen-based home robotics company UBTECH announced this week that it has closed a massive $820 million Series C
The round, led by Tencent and a whole slew of other investors, follows a $100 million Series B and $20 million Series C
including a walking Stormtrooper robot released alongside The Last Jedi
though UBTECH has promised a broad 2019 release date.CEO James Zhou has promised the company will use this huge backing to accelerate its
transform robot fantasy and fiction into robot reality
and expanding its global footprint
UBTECH is one of a number of companies pushing home robotics beyond the Roomba, including a rumored upcoming device from Amazon
