LimX Dynamics plans up to $300M Hong Kong IPO as Chinese robotics companies race to go public

LimX Dynamics, a Shenzhen-based humanoid robotics company that didn’t exist four years ago, has confidentially filed for an initial public offering on the Hong Kong Stock Exchange targeting up to $300 million in proceeds. The company closed a $200 million pre-IPO funding round in July 2026 that valued it at roughly $2.21 billion, or about 15 billion yuan. Combined with earlier rounds, LimX has pulled in approximately $400 million in total funding within a six-month window. A sector flush with capital Investment in China’s humanoid robotics sector during Q2 2026 reached 47.09 billion yuan, roughly $6.95 billion. That figure is more than double the previous quarter’s total. For a company founded in January 2022 as Shenzhen Zhuji Power Technology Co., Ltd., the trajectory has been remarkably steep. The company’s product lineup includes the Luna and Oli humanoid robot models, alongside COSA, an agentic operating system built specifically for embodied AI. Founder Will Zhang has framed the IPO as essential for securing long-term capital access, noting that the company’s core technology is approaching maturity. International ambitions and investor pressure LimX has plans to ship thousands...