Chinese AMR (Autonomous Mobile Robot) company ForwardX Robotics announced today the recent completion of a Series B+ round of financing worth more than 100 million yuan.
CategoryStartups
Chinese online education platform Yuanfudao has closed a new $1 billion round of financing led by Hillhouse Capital and followed by Tencent, Boyu Capital and IDG Capital.
Beijing based AI startup Megvii announced today that it will open source its deep learning framework MegEngine.
STARFIELD, the largest domestically funded artificial meat startup in China, has recently completed a round of financing worth tens of millions yuan.
Beijing-based Neolix, a startup focusing on developing autonomous delivery vehicles, has seen their order volume rise given the huge surge in demand for this technology.
TuSimple has deepened its partnership with delivery giant UPS by adding new routes in Texas.
Robotic process automation (RPA) and Artificial Intelligence (AI) startup Laiye Technology announced today that it has completed its Series C financing round of $42 million.
Electric vehicle startup Xpeng Motors ranked first among Chinese automakers in smart & connected car technology patents in 2019 with 335 patent applications.
AutoX, a self-driving startup, announced it had completed a Pre-B round of financing worth tens of millions of dollars in late December.
On December 22, Chinese software developer Kingsoft issued a proposal for a spin-off and independent listing announcement, regarding its sub-branch Kingsoft Cloud.
According to 36Kr, Sinovation Ventures’ AI subsidiary, Chuangxin Qizhi, completed its latest round of financing totaling nearly $57 million.
Power bank rental company Energy Monster has completed its C round of financing, with a total funding of 500 million yuan.
Chinese tech start-up Suqu Net heeded to the age old desire for pristine hotel linens by designing chips that can track hotel inventory.
On November 29, Chinese online education company VIPKid denied the rumors on WeChat saying the company is going bankrupt.
Alibaba Group’s financial services affiliate Ant Financial is preparing to raise $1 billion for a fund that will invest in fintech startups in Southeast Asia and India.