Robot Maker Deep Robotics Starts Race to IPO

A Chinese robotics startup has begun the formal process to sell shares to the public. Deep Robotics, which makes four-legged and humanoid robots, aims to list on a mainland stock exchange. The company entered the official "guidance" phase for an Initial Public Offering (IPO). This is a period of preparatory work supervised by regulators. China's securities commission announced the step on December 24. Deep Robotics is based in Hangzhou. It joins several other Chinese tech startups seeking to launch IPOs before the end of the year. The company's guidance phase is scheduled for completion by June 2025. The move highlights growing investor interest in "embodied intelligence." This term refers to artificial intelligence that controls a physical robot body. The sector has attracted significant attention and funding in China.