Chinese technology company UBTECH Robotics has secured a significant $1 billion strategic financing agreement with global investment firm Infini Capital, announced on Monday. This partnership will enable UBTECH to access rapid financing through the subscription of newly issued shares and convertible bonds, along with cash withdrawal rights provided by Infini Capital’s high-tech fund. The collaboration aims to bolster UBTECH's financial resources, facilitating its growth and innovation in the robotics sector.
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Original from TechNode.com: UBTECH plans Middle East mega factory after $1 billion Infini Capital deal
UBTECH plans Middle East mega factory after $1 billion Infini Capital deal
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