Chinese tech giant Tencent joins latest investment round in Shanghai robotics start-up Agibot

Quick Summary:

Robots have become a hot investment area in China as VC firms, supply chain partners and tech giants jostle to back leading start-ups.

The firm’s CEO and chairman Deng Taihua, formerly vice-president and head of computing products at Huawei, recently took on the role of legal representative – a move described by the company as “a routine change”, without providing further details.

A robot from Agibot is seen during the Global Developer Conference in Shanghai on February 21, 2025.

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Article Details

Author / Journalist: Wency Chen

Category: Technology

Markets: Hong KongChina

Topics: Agibot Investment Tech Industry China’s Million China Firm Robotics Humanoid Capital

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-25 @ 21:00:13 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 224 words

Reading Time: 2 minutes read

Sentences: 7 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 27324521

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