Beyond Imagination, a humanoid robotics startup co-founded by Ray Kurzweil and Harry Kloor in 2018, is raising $100 million in Series B funding led by Gauntlet Ventures, aiming for a $500 million valuation. The company, which unveiled its Beomni humanoid prototype in 2021, focuses on AI-driven robots for U.S. manufacturing. This move comes amid a competitive landscape in humanoid robotics, with Figure AI valued at $40 billion and achieving milestones at BMW factories. EngineAI is also targeting a financing round later this year at a $1 billion valuation to compete globally in humanoid robot development. Meanwhile, China’s UBTech Robotics plans to launch a $20,000 humanoid robot designed as a household companion, expanding its reach beyond industrial applications.
China’s UBTech Robotics is planning to unveil a $20,000 humanoid robot that can serve as a household companion this year, seeking to expand beyond factories https://t.co/Y8aNt1gHyC
EngineAI is targeting a round of financing later this year at a $1 billion valuation, seeking capital to join a global race to develop humanoid robots https://t.co/bsYJz6oVlQ
Beyond Imagination, a humanoid robotics startup co-founded in 2018 by Ray Kurzweil and Harry Kloor, is in talks to raise $100M in Series B funding led by Gauntlet Ventures, targeting a $500M valuation. The company unveiled its Beomni humanoid prototype in 2021. In addition to https://t.co/gwulamw8uD