Humanoid robot startup LimX Dynamics raises $200 million in pre-IPO round, valued at 15 billion yuan

According to CNBC, humanoid robot startup LimX Dynamics said it raised $200 million in a pre-IPO funding round that valued the company at 15 billion yuan ($2.21 billion). Founder Will Zhang said the company is preparing for an IPO, likely in Hong Kong, and is in a confidential review phase; the round included investors such as Stone Venture, GGG and Redstone VC, along with Lens Technology, IDG Capital, WestSummit Capital, Nio Capital and Hefei Binhu Industry Development Group.