Chinese AI company SenseTime's IPO at the HKEx has reportedly been approved, in which the company plans to raise $1 billion.
Cornerstone Robotics Limited, an innovative surgical robotics developer, announced the completion of its Series B financing in which it garnered 500 million yuan ($78.4 million).
North Ocean Photonics, a Chinese photonic technology company, announced on Monday that it has secured nearly 400 million yuan ($62.7 million) in Series B+ financing.
Honor Device Co., Ltd. has added information regarding almost 700 trademark transfers. Huawei was the company listed as the transferor and the trademarks include Honor Pro-choice and Honor.
Ambilight Inc, an electrochromic technology developer, announced on Thursday that it had completed a C-round of financing worth hundreds of millions of dollars led by Huaping Investment.
Fintech platform Airwallex announced on Thursday that it had completed a Series E1 round of financing worth $100 million, pushing the company's valuation to $5.5 billion.
DingTalk President Ye Jun issued an initiative in the company group chat, proposing employees to work from home for one day each month.
Zhou Bowen, Chair of JD.com's Technology Committee, resigned from JD.com and plans to start a business in the AI industry. Soon Sze Meng, who has served as the President of South East Asia for JD.com for two years, has left his post.
3D-sensors (LiDAR) manufacturer Hesai Technology announced that it has received additional financing of $70 million from Hubei Xiaomi Changjiang Industrial Investment Fund Management.
The update says that the firm earned $45.04 million in Q3, up 46% from last year's $30.8 million.
SMIC announced at the Hong Kong Stock Exchange on Friday that SMIC Holdings, National Integrated Circuit Industry Investment Fund Phase II and an investment institution have agreed to set up a joint venture (JV) in Shanghai.
Beijing Changmugu Medical Technology, a provider of integrated solutions for orthopedic intelligent surgery, announced that it had recently completed a Series B round of financing in which it secured 540 million yuan ($84.3 million).
Its lead investor in this round is Boyu Capital, while co-leading investors are Temasek and Sequoia China. Existing investors such as 3H Health Investment, LYFE Capital and Guoce Capital also participated in this round.
IrisView Technology announced that it has obtained nearly 100 million yuan ($15.63 million) in Rounds A and A+ of financing, with Jinshajiang Venture Capital and Source Code Capital serving as lead investors, respectively.
According to Chinese enterprise information inquiry platform Qichacha, the owner of Huawei's Super Fusion Digital Technology Co., Ltd., which runs the company’s x86 server business, has been changed on Friday.