Zhejiang University Doctor Seeks $2.5 Billion Funding to Develop World’s First Robot Dog

Zhu Qiuguo, a Zhejiang University doctoral graduate with nine years of entrepreneurial experience, aims to secure funding for his company Hangzhou Deep Tech’s innovative robot dog. The company’s application for an IPO on the Science and Technology Innovation Board has been accepted, with plans to raise $2.5 billion, sponsored by CITIC Securities. Hangzhou Deep Tech is following in the footsteps of Yushu Technology, another member of the “Hangzhou Six Dragons” companies making a mark on the A-share market. Zhu, born in Haining, Zhejiang in 1982, founded Hangzhou Deep Tech in 2017 with colleague Li Chao to bring robots out of…