financing Archives - Page 3 of 42

Faraday Future Changes Global CEO Again, Jia Yueting Increases Stock Holdings with Salary

On September 22nd, Faraday Future announced that the board of directors has appointed Matthias Aydt as the global CEO of FF.

WM Motor and Kaixin Auto Sign a Letter of Intent for Merger and Acquisition

On September 11th, Kaixin Auto announced that it has signed a non-binding letter of intent for acquisition with WM Motor.

NETA Invests $40 million in Hong Kong Science Park for HQ and R&D

NETA to invest $40 million in Hong Kong Science Park (HKSP) for new HQ and R&D.

Huawei Mate 60 Pro Launch Triggers 5% Surge in SMIC and Other Stocks

SMIC and others surged over 5% at the opening due to the sudden release of Huawei Mate 60 Pro.

DJI Automotive Seeks External Financing with Estimated $1.5 Billion Valuation

The DJI Automotive is seeking external financing, with an estimated valuation of up to $1.5 billion.

Baidu Reports Q2 Revenue and Profit Growth, Explores AI Opportunities

Baidu's Q2 saw revenue and profit growth, with Robin Li exploring generative AI and large language model opportunities.

DP Technology Raises 100 million US dollars, Achieves AI Milestones in Science

DP Technology secures 100 million US dollars funding, advances AI for science.

Tencent’s Q2 Net Profit Jumps 33%, Video Account Usage Time Almost Doubles

Tencent's net profit in the second quarter increased by 33% year-on-year, and the usage time of video accounts nearly doubled.

Tencent Music’s Q2: User Growth and Entertainment Decline

Tencent Music Entertainment Group experiences a mix of joy and worry in Q2, with paid users reaching 99.4 million but social entertainment declining significantly.

ZERON Secures ＄19 million in Pre-A Round Financing

The new energy intelligent heavy truck company ZERON has announced the completion of a ＄19 million Pre-A round of financing.

Missfresh Raises $27M in New Financing, Stock Price Surges 100%

Missfresh secures $27 million in new financing, with stock price surging over 100%.

Autonomous Driving Company Mogo Auto Secures Series C2 Financing, Tencent Participates in

Mogo Auto, a company offering autonomous driving technology and operation services, has successfully raised 580 million yuan ($83 million) in C2 round financing.

Extended Reality Glasses Chips Maker GravityXR Secures New Funding, Investors include miHoYo

GravityXR, a chip development company specializing in extended reality (XR) glasses, has completed a pre-A+ round of financing worth hundreds of millions of yuan.

Sinpro Bags A Round of Financing Worth Several Hundred Million Yuan

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.

Chassis Solution Provider BIBO Secures $29M Financing, NIO Capital Participates in

Chinese intelligent chassis solution provider BIBO announced the completion of its Round A financing worth 200 million yuan ($29 million) on April 10.

Tsinghua University-Backed NLP Startup DeepLang AI Reportedly Has A Valuation of $100M

DeepLang AI, an AI startup founded by a team from the Natural Language Processing Laboratory at Tsinghua University (THUNLP), has completed a new round of financing with a market valuation of approximately $100 million.

Signal Chain Chip Developer SENSilicon Secures $17M Round A Financing

SENSilicon, a company that develops high-performance digital-analog hybrid and signal chain chips, announced on April 3 the completion of a round A financing worth 120 million yuan ($17 million).

Enterprise Automation Process Platform Naturobot Secures Pre-A2 Round Financing

Naturobot, an enterprise automation process platform to provide information for the management and performance improvement of enterprises, has received Pre-A2 round financing.

Intelligent Truck Manufacturer DeepWay Secures A+ Round Financing of $117M

DeepWay, an intelligent truck manufacturer based in China, has secured over 1.2 billion yuan ($174 million) in funding after completing its A+ round financing of 770 million yuan ($117 million).

Baidu Invests in RISC-V Chip Startup StarFive

On March 23, Shanghai-based RISC-V chip technology startup StarFive announced that it had received an investment from Chinese search giant Baidu of an undisclosed amount.

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