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Blackstone Bets $676 Million on Futronic, the Robot Actuator Maker From Korea

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Blackstone Bets $676 Million on Futronic, the Robot Actuator Maker From Korea

Blackstone has agreed to acquire a majority stake in Futronic, a South Korean actuator maker, valuing the company at roughly $676 million. The deal, first reported by Bloomberg, bets on the unglamorous parts suppliers behind humanoid robots rather than the robot brands themselves.

Walter Schulze

4 min read

522 views

Jeff Bezos Backs Cambridge AI Startup CuspAI at a $2.6 Billion Valuation

5 min read · 571 views

Jeff Bezos Backs Cambridge AI Startup CuspAI at a $2.6 Billion Valuation

Allbridge Core Loses $1.65 Million to the Same Flash Loan Trick Twice

4 min read · 583 views

Allbridge Core Loses $1.65 Million to the Same Flash Loan Trick Twice

Pump.fun Survives Its Biggest Token Unlock and a Viral Raccoon Coin Takes Over

4 min read · 606 views

Pump.fun Survives Its Biggest Token Unlock and a Viral Raccoon Coin Takes Over

China's Kimi K3 and Qwen3.8 Are Rattling Silicon Valley's AI Giants

4 min read · 660 views

China's Kimi K3 and Qwen3.8 Are Rattling Silicon Valley's AI Giants

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