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Let Stephen Curry, Malala, Susan Orlean, and more choose your next read.
Three-time NBA champion Stephen Curry will join GOLF Channel during Ryder Cup weekend as an analyst. Curry is an avid golf fan.
Tiger Global raised $6.65 billion for its 13th fund mainly for investing in Indian companies on their way to unicorn status
Tiger Global Pumps billions Into India’s Growing Unicorn Ecosystem.
Chinese technology executives, facing a crackdown by the authorities, pledged support on Sunday for Beijing's "common prosperity" drive and to help smaller companies.
Pudu Robotics announced $78 million in Series C1 funding earlier this year.
A unicorn is a private company or startup with a valuation over $1 billion. Check out our 2020 updated list of every unicorn company around the globe, their top investors, and more.
Sequoia Capital is an American venture capital firm. The firm is headquartered in Menlo Park, California and mainly focuses on the technology industry. It has backed companies that now control $3.3 trillion of combined stock market value, equivalent to 22 percent of Nasdaq . Notable companies that Sequoia invested in early on include Apple , Google , Oracle , Youtube , Instagram , Zoom , WhatsApp , Linkedin , and Paypal .
Augmented reality is exciting tech giants including Apple and Facebook which are working on AR-related products.
ByteDance marches into EV cloud market ByteDance recently launched its EV cloud business and recruited talents from Amazon Cloud and JD Cloud to promote its new business. ByteDance also negotiated a 'smart driving cloud' cooperation project with an autonomous trucking startup. From 2023 to 2025, ByteDance's goal is to gradually make its cloud business catch up with Tencent Holdings, with over 50% business coverage. Alibaba DAMO Academy launches L4 self-driving truck development Wang Gang, vice president of Alibaba Cloud and head of Alibaba DAMO Academy, announced that DAMO Academy is developing the L4 self-driving truck 'DAMO Donkey' and has cooperated
In this episode of China Money Podcast, listen to all the news headlines in the China venture investment and tech sector for the week ending September 24. There were only 72 startup and growth stage investment deals that closed over the past 5 days in which Chinese startups raised US$1.775 billion. This is down from last week's great week of 103 startups raising a combined US$2.55 billion. Startups this week like Hai Robotics, Black Sesame, and Airwallex raised capital, and more than 460 venture capital and private equity firms got involved with the 72 deals. Investors in this week's deals
This is a list of unicorn startup companies . In finance , a unicorn is a privately held startup company with a current valuation of US$ 1 billion or more, across technology centers throughout the world.
Chinese AR glasses startup Nreal announced it’s raised a fresh $100 million Series C financing round, something it says will be used for R&D and to fund wider international expansion. As first reported by CNBC, the latest round reportedly brings the company’s valuation to $700 million. That figure was obtained by an anonymous source with …
Hai Robotics, a Shenzhen, China-based warehouse robotics startup that develops autonomous, case-handling robotic (ACR) system, announced it has raised $200 million. The funding comes from two separate equity rounds, a Series C and Series D, which are being disclosed simultaneously.
Hai Robotics develops an autonomous case-handling (ACR) system that provides warehouse automation solutions via robotics technology and AI algorithms for the logistics warehouse industry. The company said it has more than 400 global patents in areas like robot control and warehouse management, based on its statement.
Its Series C funding was led by 5Y Capital, with participation from Sequoia Capital China, Source Code Capital, VMS, Walden International and Scheme Capital while the Series D round was led by Capital Today along with existing investors including Sequoia Capital China, 5Y Capital, Source Code Capital, Legend Star and 01VC.
The latest fundings, which come after its $15 million Series B+ round in March this year, will be used to bolster its robot fleet with technological upgrades, penetrate further to the global market, hire talent and support its supply chain management.
Hai Robotics, founded in 2016, has five overseas subsidiaries in Hong Kong SAR, Japan, Singapore, the U.S. and the Netherlands with international customers in more than 30 countries. The company entered Australia in this year by deploying HAI’s warehouse robots at Australia’s largest online bookstore Booktopia to handle packing and dispatch orders.
“Our major future orientation will center on expanding the overseas market and localizing our service,” said Richie Chen, Hai Robotics co-founder and CEO.
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Hai Robotics picks up $200M for its warehouse robot