Tag: Shenzhen
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Chinese robotics company UBTECH gets $820 million in funding
Shenzhen-based home robotics company UBTECH announced this week that it has closed a massive $820 million Series C. The round, led by Tencent and a whole slew of other investors, follows a $100 million Series B and $20 million Series C. The bipedal robotics maker certainly isn’t a household name here in the States…
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SenseTime Raises US$600 Million in Series C Funding
BEIJING, April 9, 2018 /PRNewswire/ — SenseTime (the “Company”), China’s leading artificial intelligence (AI) company, has successfully raised US$600 million in its Series C round of funding. Alibaba Group is taking the lead role for this round of funding and other participants include Temasek and Suning. As the Company set a record by raising US$410…
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