
China VC Weekly: Chips, Cars and Robots
In last week’s VC news, several prominent chip makers raised considerable funds, toy robot maker Robosen bagged nearly $100 million and more.
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In last week’s VC news, several prominent chip makers raised considerable funds, toy robot maker Robosen bagged nearly $100 million and more.
Four months after completing its A+ round of financing, Matrixtime Robotics has announced the completion of an A++ round, worth around 100 million yuan ($15.69 million) and led by Inno-Chip.
Samsung Display will supply UTG (Ultra Thin Glass) foldable panels to Xiaomi's second generation foldable smartphone, the Mi MIX Fold2.
Xiamen Current Technology Co., Ltd., running an online collaborative CAD platform, announced on Monday that it has completed an A Round of financing garnering nearly 100 million yuan ($15.67 million).
Baidu Capital, a fund jointly launched by Beijing-based internet giant Baidu, Inc. and China Life Insurance Company, on August 25 appointed Li Xiaoyang as the new CEO.
On August 8, OptiArk Semiconductor, a Shenzhen-based optical waveguide system provider, changed its registration with China's Industrial and Commercial Administration, adding as a new shareholder a venture capital company under Tencent.
On Sunday, iDreamSky, a mobile game development company, announced at the Hong Kong Stock Exchange (HKEx) that its major three shareholders have all subscribed for more shares.
In last week’s VC news, Sequoia China and CATL invest in intelligent manufacturing startup AIMS, Xpeng injects funds in a young lidar company, and more.
Surface acoustic wave (SAW) filter manufacturer Zhangjiagang Sxsaw Electronic Technology Co., Ltd. announced Tuesday that it had completed an A+ round of financing worth 100 million yuan ($15.7 million).
Chinese internet giant Alibaba announced the establishment of a new subsidiary on Wednesday called Lingyang.
Leading Chinese drone firm DJI released a new combo for Air 2S unmanned aerial vehicle model, replacing the original controller with the newly launched DJI RC.
Chinese electronics giant Xiaomi unveiled a wireless charging technology called "small inductance + magnetic absorption" on Sunday.