Chinese humanoid robot developer Agibot has completed a new round of strategic financing, drawing investment from South Korea’s LG Electronics and Mirae Asset, according to reports by Reuters and Yicai Global.
The investment marks LG’s first move into the “embodied intelligence” sector – an area encompassing humanoid robots and AI systems that interact physically with the real world.
It also represents the first global investment from the Mirae Asset-LG Electronics New Growth Fund, which focuses on emerging technologies. Agibot did not disclose the amount raised or the valuation implied by the funding round. [Read more…] about Agibot secures strategic investment from LG Electronics and Mirae Asset
