Nasdaq-listed, UAE-based Robo.ai Inc. (NASDAQ: AIIO) has agreed to acquire 100% of QC Capital Limited, an AI-driven technology holding and venture-building platform, in an all-stock deal valued at roughly US$60 million. The companies announced the proposed acquisition on June 18, 2026.
An all-stock, performance-linked deal
The consideration will be paid in newly issued Class B ordinary shares of Robo.ai, with the structure tied to long-term performance. Rather than a single payout, the shares will be released in stages over the next eight years, contingent on QC Capital hitting specified revenue milestones — including a cumulative revenue benchmark of approximately US$2.4 billion across 2026 and 2027. The transaction is expected to close within 30 business days, subject to customary conditions.
What QC Capital brings
QC Capital, also known as Quantum Core, operates across four core areas: venture building, strategic investment, M&A platform development and AI investment technology. Its focus spans AI infrastructure, smart cities, robotics and AI agents, autonomous driving, intelligent logistics and enterprise AI platforms. Robo.ai expects the platform to strengthen its capabilities in technology sourcing, capital allocation, venture incubation and cross-border M&A.
Building a global AI robotics network
Robo.ai is focused on building a global artificial intelligence robotics network platform, connecting technology, data, devices and industrial scenarios. The deal lands amid a busy stretch of robotics and AI dealmaking, from SpaceX's all-stock acquisition of Cursor to fast-moving embodied-AI funding rounds and rising capital flowing into physical AI.
Reporting based on coverage from PR Newswire.