- Lumos, a Shenzhen-based startup that develops industrial and humanoid robots, is considering another fundraising round and aims to begin preparing for a possible stock market listing next year, founder said in Beijing.
- Lumos said it has raised about 1 billion yuan (US$148 million) across seven funding rounds.
- Yu said Lumos has deployed around 30 MOS robots, with about five more deployments due shortly, and is targeting around 300 deliveries this year.
- The company also lists Mitsubishi Electric, a Japanese industrial group, as its largest outside shareholder.
Lumos, a Shenzhen-based startup specializing in industrial and humanoid robots, is gearing up for significant growth. The company has successfully raised approximately 1 billion yuan (US$148 million) across seven funding rounds and is now considering another fundraising round while preparing for a potential IPO next year.123
Founder Yu revealed that Lumos has already deployed around 30 MOS robots, with an additional five deployments expected shortly. The ambitious target for this year is 300 robot deliveries, showcasing the company's commitment to expanding its market presence.
A notable aspect of Lumos's financial backing is its relationship with Mitsubishi Electric, a prominent Japanese industrial group, which stands as its largest outside shareholder. This partnership not only provides financial support but also enhances Lumos's credibility in the competitive robotics industry.4
As the demand for automation and robotics continues to rise globally, Lumos is strategically positioning itself to capitalize on this trend, making its upcoming funding round and potential IPO closely watched events in the tech investment community.
“Lumos has raised about 1 billion yuan (US$148 million) across seven funding rounds and has deployed around 30 MOS robots, with five more deployments expected shortly. The company aims to deliver around 300 robots this year, highlighting its growth trajectory in the robotics sector.”
