Tesla announced on October 28 that it will bring its humanoid robot Optimus, also known as Tesla Bot, to the fifth China International Import Expo, to be held in Shanghai from November 5 to 10.
RobotPlusPlus, a leader in aerial work robots, announced on Tuesday its Series B funding round of $15 million, bringing its investment total to approximately $35 million since its founding in 2017.
In last week’s VC news, Chinese AR platform provider HiAR raised $42 million in its recent Series C round of financing, German-Chinese robotics firm Agile Robots raked in a whopping $220 million, and more.
Most prominent fundraising news of last week brought together robot-maker Flexive, raising $100 million for expansion, online art education platform Meishubao, bagging over $210 million, and one of China’s most popular milk tea brands, Nayuki
Private space launch firm LandSpace bags $172 million
DataStory, a Chinese provider of big data and AI services, announced that it has raised a 120 million yuan ($17 million) series B+ round of strategic financing.
The past week saw exciting news surface regarding several players in China’s AI and automation space, with one of the most prominent AI unicorns 4Padadigm raising two hefty rounds and adding another $1 billion to its valuation.
China’s VC activity is beginning to recuperate with a series of notable investments from ByteDance, Meituan Dianping, Matrix Partners China and others.
On Aug. 8, Huawei's Global Industry Vision released a “10 Trends for 2025 report” describing the 10 exciting trends that are shaping the future.
Rather than classy and fancy ideas, what is most eye-catching this year is actually the niche products with delicate industrial design and “black technology”.