CloudMinds, a cloud-based robotics company, files for a US IPO seeking to raise $500M, says it had revenues of $121M, up 529% YoY, and a $156.8M loss in 2018 (Song Jingli Mon/KrASIA)

Song Jingli Mon / KrASIA:
CloudMinds, a cloud-based robotics company, files for a US IPO seeking to raise $500M, says it had revenues of $121M, up 529% YoY, and a $156.8M loss in 2018  —  Beijing-headquartered robot producer CloudMinds has filed with the US Securities and Exchange Commission for an initial public offering to raise up to USD 500 million.