Robo.ai Inc. has secured a $300 million strategic investment from U.S.-based Burkhan Capital LLC. The funding aims to bolster Robo.ai's development in AI software, smart hardware, and intelligent assets, focusing on commercializing core products and investing in smart technologies such as autonomous vehicles and logistics robots. This investment aligns with Robo.ai's Web3 strategy, following its previous investment in the DePIN platform Arkreen.
Burkhan Capital, which recently signed $15 billion in MoUs with the Saudi government, shares Robo.ai's vision for advancing smart technology. Leaders from both companies, including Burkhan Executive Chairman Shahal Khan and Robo.ai CEO Benjamin Zhai, expressed optimism about the partnership's potential to drive next-generation smart technologies.
Robo.ai Secures $300M Investment from Burkhan Capital
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