Silicon Valley investors are organizing field trips to robot factories in China to assess competitors to their portfolio companies. The tours, which can cost up to $10,000 and include translators, hotels, and executive dinners, are not for scouting investments but for sizing up rivals. Ryan Cunningham, founder of Edgerunner Ventures, is planning an April trip for 10 investors. The trend reflects growing interest in China's robotics industry among US venture capitalists.
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