Chinese robotics startup Dexmal is seeking a valuation of around 20 billion yuan ($3 billion) in an ongoing funding round, demonstrating strong investor interest in the country’s firms chasing a breakthrough in physical artificial intelligence.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-08-21/alibaba-backed-robot-firm-seeks-3-billion-value-in-new-funding)