SoftBank-backed robotics company Coowa is preparing for an initial public offering in Hong Kong, according to sources cited by outlets including The Wall Street Journal. The reports say the company’s IPO plans are at the stage of gearing up, with details not fully disclosed in the available summaries. Coowa’s valuation is reported to be more than $3 billion following its most recent financing round. The Wall Street Journal also reports that the latest funding round raised more than $600 million, citing people familiar with the matter. Investing.com’s coverage references the same context, indicating the Hong Kong IPO is a development linked to the earlier reporting. Across the articles provided, the agreed-upon information centers on Coowa’s SoftBank backing, its reported valuation, the amount raised in its latest round, and its preparation for a Hong Kong listing. No additional specifics about timing, expected share price, or offer size are included in the excerpts.