HorizonRobotics

Horizon Robotics Founder Kai Yu Approaches Billionaire Status with Upcoming IPO in Hong Kong

7 months ago

In a significant development for the tech space, a groundbreaking initial public offering (IPO) by Horizon Robotics is set to elevate its founder, Kai Yu, closer to billionaire territory. This IPO is scheduled for November 2, 2024, and is projected to raise approximately $1.12 billion, catapulting both the company and its ambitious founder into new realms of financial triumph.

Investors Bet Big on Horizon Robotics with Major Funding Ahead of IPO

7 months ago

In a significant move in the investment landscape, Baillie Gifford and Norges Bank Investment Management have reportedly committed substantial capital to Horizon Robotics, a prominent player in the artificial intelligence and robotics industry. This investment comes just as Horizon Robotics gears up for its anticipated initial public offering (IPO) in Hong Kong, marking a pivotal moment for both the company and its backers.

Horizon Robotics Secures $696 Million in Landmark Hong Kong IPO

7 months ago

In a significant financial milestone, Horizon Robotics, a prominent player in the artificial intelligence (AI) sector, has successfully raised $696 million through its initial public offering (IPO) in Hong Kong. This move marks a critical step for the company as it aims to bolster its research and development capabilities while expanding its market presence.

Intel-Backed Horizon Robotics Aims for Up to $696 Million in Hong Kong IPO

7 months ago

In a groundbreaking move in the world of robotics and artificial intelligence, Horizon Robotics, a company backed by tech giant Intel, is preparing to launch an initial public offering (IPO) in Hong Kong. The company is targeting to raise between $510 million and $696 million, with plans for its shares to be listed as soon as November. This offering signals a significant milestone for Horizon Robotics as it seeks to capitalize on the growing interest in AI technologies globally.