'Robots are the Future': British tech firm Humanoid targets US IPO by 2030

British robotics startup Humanoid, led by CEO Artem Sokolov, plans to list on the US stock market by 2029 or 2030. The company, founded in 2024, has secured 34,000 pre-orders for its robots, generating roughly $2.4 billion in future annual recurring revenue. Sokolov, who has invested $100 million into the business, stated the company prefers a US listing venue and is expanding production to meet demand. Humanoid is capitalizing on the rapidly growing humanoid robotics industry, which analysts predict will expand sharply over the next decade. The company’s focus aligns with global trends, as manufacturers seek automation solutions to address labor shortages in logistics, factories, airports, and healthcare. The announcement comes amid intense competition in humanoid robotics, with rivals including Figure AI, 1X Technologies, UBtech Robotics, and Tesla’s Optimus robot program. Sokolov emphasized Humanoid’s self-funded growth, with no external investors involved at this stage. The company’s expansion strategy includes ramping up production to fulfill pre-orders over the next three years. While no valuation target was disclosed, Sokolov indicated that a US IPO would depend on meeting specific growth and operational milestones. Industry analysts highlight the increasing demand for humanoid robots, driven by labor shortages and the need for automation across key sectors. Humanoid’s move reflects broader industry trends, positioning the company as a major player in the evolving robotics market.