Evolver Robotics gets $70m from China's local government in Qingdao

Evolver Robotics gets $70m from China's local government in Qingdao

A girl shakes hands with a robot in Kuromon Ichiba Market, Ōsaka-shi, Japan. Photo: Andy Kelly/Unsplash

Beijing-based intelligent companion robot developer Evolver Robotics has secured RMB500 million ($70.50 million) in a strategic investment from the local government in eastern China’s port city of Qingdao even as the startup is exploring a listing on the country’s newly-launched STAR Market over the next one or two years.

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