Beijing-based humanoid robotics developer Robotera is working with advisers on an initial public offering in Hong Kong that could raise $800 million to $1 billion, according to a Bloomberg report dated August 17.
A Marquee Backer Set And A Growing Product Line
Formally known as Beijing Robot Era Technology Co., Robotera counts HSG (formerly Sequoia China) and CDH Investments among its lead backers. The company spun out of Tsinghua University in 2023 and builds full-size bipedal humanoids, dexterous hands and the software stack around them, with more than 95% of core components made in-house. Its latest hardware, the ROBOT L7, is a 171 cm, 65 kg bipedal humanoid that runs, jumps and performs dance and logistics routines, alongside the XBot-L, XBot-S and XHand product lines.
A Deepening Hong Kong Robotics Bench
A Robotera listing would slot into a rapidly extending China humanoid listing calendar. Unitree priced its Shanghai STAR Market IPO on massive retail demand — 5,526 times subscribed — while EngineAI has filed confidentially in Hong Kong, and Deep Robotics is progressing toward its own STAR Market debut. Together they mark the sharpest concentration of humanoid IPO issuance the market has ever seen.
Why HSG And CDH Are Pushing For A Print
Robotera's revenue mix — research licences to universities and labs plus industrial pilots — has grown fast enough for its backers to test public-market appetite while comparable valuations are peaking. HSG previously helped shepherd Chinese robotics precursors including Robotera's own logistics pilots with China Post and SF Group, and the fund is expected to argue that Hong Kong's H-share market can absorb a headline humanoid float in size, especially after Unitree's book. Robotera has not commented publicly, and terms and timing remain preliminary.
Investors will watch pricing math closely: at the mooted $1 billion raise, Robotera would likely land in a high-single-digit-billion valuation zone, well above its most recent private mark set with SF Group participation.
Reporting based on Bloomberg, Seekapa, The Global Economics and Humanoid.guide coverage dated August 17, 2026.