
China VC Weekly: AI, Gen Z and More
In last week’s VC news, AI application company Singularity Systems closes A+ round of financing, streetwear retailer Knowin secures several hundred million yuan in a round led by Alibaba, and more.
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In last week’s VC news, AI application company Singularity Systems closes A+ round of financing, streetwear retailer Knowin secures several hundred million yuan in a round led by Alibaba, and more.
On September 8, Shenzhen-based camera company Insta360 launched a new 360-degree action camera called the X3.
Yowu, an electronic brand designed for Gen Z consumers, completed a Pre-A round of financing worth tens of millions of yuan.
Chinese AI company SenseTime's IPO at the HKEx has reportedly been approved, in which the company plans to raise $1 billion.
Tungee, one of the leading companies in the fields of intelligent sales SaaS in China, announced the completion of a B+ round of financing valued at 300 million yuan ($47.14 million).
Hygon Information Technology Co., Ltd., a leading CPU company based in China, on August 12 was listed to Shanghai's STAR Market.
The new device of vivo has an internal code name of "Superman" and is expected to be released in December.
Nreal, a consumer AR glasses brand, held its first AR glasses launch event in Beijing on August 23, formally unveiling three new hardware products for the Chinese market.
Since the beginning of the year, many Chinese internet giants such as ByteDance, Meituan and JD.com have launched new part-time job platforms in an attempt to further reduce their operating costs.
Moore Threads, a Beijing-based GPU company, announced on December 27 that it had received a B Round of financing worth 1.5 billion yuan ($215.5 million).
Lei Jun announced in a social media post on Friday that the leading Chinese electronics firm has officially launched a future-oriented heat dissipation solution dubbed "loop liquidcool technology."
On August 22, Leiniao, an AR brand established by Chinese electronics company TCL, announced its cooperation with Li Auto.