SenseTime Group's Yuanluobo Robotics seeks independent financing

A consumer robot called Yuanluobo, owned by SenseTime Group, is seeking independent financing opportunities. The robot was launched in August 2022 and is mainly aimed at the mass market, providing a chess game experience. SenseTime's move marks the company's first foray into the C-end market, aiming to connect consumers and become the world's first company to introduce mass-produced robotic arms into homes.