
AI Software Developer Baihai Technology Bags Tens of Millions of Yuan in Financing
AI software-focused Baihai Technology announced on Friday that it has completed tens of millions of yuan in financing led by Verity Ventures.
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AI software-focused Baihai Technology announced on Friday that it has completed tens of millions of yuan in financing led by Verity Ventures.
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.
Chinese self-driving unicorn Pony.ai merged its self-driving truck R&D team into its passenger car R&D team.
Chinese startup Rocket Pi has secured tens of millions of yuan in pre-A round financing, led by Huagai Capital and followed by several famous angel investors in the hard technology field.
In last week’s VC news, Tiger Global led the latest round of financing for Karat, cancer therapy developer Anticancer Bioscience raked in over $10 million in its latest financing round, and more.
Qingmei, a smart dishwasher manufacturer based in the eastern Chinese city of Ningbo, has received tens of millions of yuan in A-round financing from Borun Capital and Baidu Ventures.
VSPO, a Chinese esports startup specializing in tournaments, venues and production, has obtained a 1.8 billion yuan cash ($265 million) investment from Saudi Arabia’s Savvy Games Group.
Industrial Next, a manufacturing technology services provider, announced on Monday the completion of a pre-A round of financing in which it garnered $12 million.
Chinese Twitter-like platform Weibo announced plans to sell 11 million shares globally through its IPO in Hong Kong, including 5.5 million new shares and 5.5 million sales shares.
Autonomous driving trunk logistics company Autra Tech had completed a pre-A round of financing totaling 200 million yuan ($29.9 million). The investors include Cathay Capital, Xianghe Capital and BAI Capital.
A Chinese unmanned retail operations firm called "Feng E Zu Shi" (丰e足食) announced on Tuesday its completion of A-round financing totaling 300 million yuan ($47 million).
Miracle Miles, a global footwear technology company, has secured $100 million in round-A financing. The joint leading investors were Sequoia China and IDG.