Startups Archives

From Smartphones to AR Headsets, Xiaomi Invests in French Startups Betting on Sensor Revolution

Xiaomi invests in Prophesee's sensor revolution. Prophesee's EVS mimics the human eye, backed by Sony. Collaborates with Qualcomm for smartphone camera enhancement. XR market interest, raised 50M euros in Series C with Chinese investors. China's potential for smartphones, XR, IoT, robotics, EVs.

Baichuan Intelligent Technology Releases Its First Large-scale Pre-training Language Model baichuan-7B

Baichuan Intelligent Technology, a company established by former Sogou CEO Wang XiaoChuan, has officially launched its first large-scale Chinese and English pre-training model, baichuan-7B. The model, which consists of 7 billion parameters, has been released on several platforms including Hugging Face, Github, and Model Scope, and has achieved top results in multiple benchmark tests. At […]

Ofo Founder Launches New Coffee Brand ‘About Time’ Amid Controversy

Dai Wei, known for founding the troubled bike-sharing firm Ofo, has launched a new coffee chain in the United States named 'About Time' Coffee

Autonomous Driving Company Mogo Auto Secures Series C2 Financing, Tencent Participates in

Mogo Auto, a company offering autonomous driving technology and operation services, has successfully raised 580 million yuan ($83 million) in C2 round financing.

Extended Reality Glasses Chips Maker GravityXR Secures New Funding, Investors include miHoYo

GravityXR, a chip development company specializing in extended reality (XR) glasses, has completed a pre-A+ round of financing worth hundreds of millions of yuan.

Sinpro Bags A Round of Financing Worth Several Hundred Million Yuan

Chinese millimeter-wave radar startup Sinpro announced that it has completed an A round of financing worth hundreds of millions of yuan. This round of financing was led by NIO Capital and Xiaomi's industrial investment affiliate.

Lvtong Technology’s Main Overseas Revenue Comes from the US

On April 12th, Lvtong Technology stated on the interactive platform that the company's overseas revenue mainly comes from the United States.

Metaverse Startup Deemos Launches ChatAvatar Powered by Generative AI

Deemos Technologies has recently launched ChatAvatar, a text-to-3D digital character creation tool powered by generative AI amid the hype surrounding this emerging technology.

Chassis Solution Provider BIBO Secures $29M Financing, NIO Capital Participates in

Chinese intelligent chassis solution provider BIBO announced the completion of its Round A financing worth 200 million yuan ($29 million) on April 10.

Signal Chain Chip Developer SENSilicon Secures $17M Round A Financing

SENSilicon, a company that develops high-performance digital-analog hybrid and signal chain chips, announced on April 3 the completion of a round A financing worth 120 million yuan ($17 million).

SemiDrive Launches Integrated Solution for Intelligent Cockpit and Parking

Chinese chip company SemiDrive recently launched an intelligent cockpit and parking integrated solution based on the high-performance automotive processor X9U.

Enterprise Automation Process Platform Naturobot Secures Pre-A2 Round Financing

Naturobot, an enterprise automation process platform to provide information for the management and performance improvement of enterprises, has received Pre-A2 round financing.

Chinese Chip Startup Biren Technology’s Cofounder Golf Jiao Quits

Golf Jiao, a co-founder and General Manager of the Graphics GPU product line at Chinese chip start-up Biren Technology, has resigned.

Baidu Invests in RISC-V Chip Startup StarFive

On March 23, Shanghai-based RISC-V chip technology startup StarFive announced that it had received an investment from Chinese search giant Baidu of an undisclosed amount.

Power Semiconductor Maker E-tronic Secures Series A+ Financing

E-tronic, a provider of power semiconductors and system solutions for electric vehicles, has recently announced the completion of its series A+ financing round raising tens of millions of yuan. The funding was exclusively led by Sinovation Ventures.

Battery Anode Materials Developer Tanovus Secures Pre-A Round Financing

On March 17, battery anode material startup Tanovus announced the successful completion of its Pre-A round financing, with investments totaling tens of millions of yuan led by IDG Capital. The company has confirmed that it will soon welcome A round financing.