Burkhan Capital LLC led consortium commits to investing $300 Million in Robo.ai to Power Global AI and Robotics Platform Acceleration
Rhea-AI Summary
Robo.ai (NASDAQ: AIIO) has secured a significant $300 million strategic investment from a consortium led by Burkhan Capital LLC. The investment, expected to close within 30 days, will accelerate Robo.ai's global platform development, focusing on AI-enabled smart device ecosystems and blockchain integration.
The funding follows Robo.ai's recent investment in Arkreen, a decentralized physical infrastructure networks (DePIN) platform, marking its strategic positioning in Web3. The capital will be used to strengthen the company's presence in the Middle East and expand into North America, Europe, and South Asia markets.
Positive
- Secured substantial $300 million strategic investment from Burkhan Capital
- Strategic expansion planned into major global markets including North America, Europe, and South Asia
- Partnership with experienced investor Burkhan, which has previous success with Nasdaq IPO of Blaize
- Recent strategic investment in Arkreen strengthens Web3 and blockchain positioning
Negative
- Transaction closing subject to customary conditions precedent
- Significant expansion plans may pose execution and integration risks
News Market Reaction
On the day this news was published, AIIO gained 35.75%, reflecting a significant positive market reaction. Argus tracked a peak move of +35.0% during that session. Our momentum scanner triggered 40 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $246M to the company's valuation, bringing the market cap to $935M at that time. Trading volume was elevated at 2.7x the daily average, suggesting notable buying interest.
Data tracked by StockTitan Argus on the day of publication.
The investment will be used to build out Robo.ai's global platform, which integrates smart devices into a AI enabled ecosystem populated by blockchain. This strategic capital injection follows Robo.ai's recent investment in decentralized physical infrastructure networks (DePIN) platform Arkreen. Robo.ai's investments in smart devices and Arkreen mark its strategic Web3 positioning, leverarging blockchain to transform smart device management and promote machine economy. Robo.ai will also use the funding to strengthen its market presence in the
"Robo.ai represents the future of AI-driven innovation," said Shahal Khan, Founder and CEO of Burkhan Capital LLC. "Our investment is more than a financial commitment; it's a strategic partnership to support a company that is fundamentally aligned with our 'Profit with Purpose' philosophy. We identified Robo.ai's technology and leadership as a key asset in our global portfolio. This partnership combines our strategic resources with Robo.ai's technical expertise and regional expertise, creating a powerful synergy. We are committed to supporting Robo.ai's vision and believe our joint efforts will drive substantial value in the evolving smart technology and blockchain landscapes."
Benjamin Zhai, CEO of Robo.ai, commented on the new partnership: "The strategic investment from Burkhan speaks to its unequivocal endorsement of our vision and progress made. This funding will turbocharge our ability to scale our platform and deliver on our mission to usher in a new era of the intelligent Internet of Things. We look forward to leveraging Burkhan's extensive global network, unique expertise and rich resources as we expedite the execution of our mission".
The partnership builds on Burkhan's track record of investing in transformative AI and technology ventures, including its previous role in the successful Nasdaq IPO of edge AI computing company Blaize.
About Burkhan Capital LLC
Burkhan Capital LLC is a global investment firm with offices in
About Robo.ai Inc.
Robo.ai Inc. (NASDAQ: AIIO) is a technology company based in the
Forward-Looking Statements
This press release contains"forward-looking statements"within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, assumptions, and projections regarding future events and involve risks and uncertainties that could cause actual results to differ materially. For more details, please refer to the Company's filings with the
Media Contact
Burkhan Capital LLC
Jaspreet Randwa
Jaspreet@burkhan.world
Robo.ai Inc.
Email: pr@roboai.io
Website: www.roboai.io
View original content to download multimedia:https://www.prnewswire.com/news-releases/burkhan-capital-llc-led-consortium-commits-to-investing-300-million-in-roboai-to-power-global-ai-and-robotics-platform-acceleration-302571005.html
SOURCE Robo.ai Inc.