No BS Just Facts logo
No BS Just Facts
It might be boring, but it's just the facts.

← All stories · business

Bloomberg

Alibaba-Backed Robot Firm Seeks $3 Billion Value in New Funding

Friday, August 21, 2026


Chinese robotics startup Dexmal is seeking a valuation of approximately 20 billion yuan ($3 billion) in a current funding round. The company is backed by Alibaba. Dexmal develops physical artificial intelligence systems.

Original reporting: https://www.bloomberg.com/news/articles/2026-08-21/alibaba-backed-robot-firm-seeks-3-billion-value-in-new-funding

Next story

Monte Paschi Offers to Buy BPM, Banca Generali for €34 Billion