Startups

Former Baidu Exec’s AI Startup Secures Funds to Tackle Offline Retail in China

Former Baidu Exec’s AI Startup Secures Funds to Tackle Offline Retail in China

Artificial intelligence startup Aibee Beijing Intelligent Technology Co. has secured CNY165 million (USD25.6 million) in angel funding to make headway…

Jan 16, 2018
Tang Shihua
Chinese Private Space Firm to Spend Funds on Creating Small, Low-Cost Rocket

Chinese Private Space Firm to Spend Funds on Creating Small, Low-Cost Rocket

Chinese private rocket developer One Space Technology Co. will focus efforts on creating a small-size, low-cost spaceship as it aspires…

Jan 16, 2018
Tang Shihua
Staffless Retailer Bianlifeng Takes Control of Competitor Amid Sector Consolidation

Staffless Retailer Bianlifeng Takes Control of Competitor Amid Sector Consolidation

Unmanned retailer Bianlifeng has taken a controlling stake in competitor Ling Wa as the industry appears to consolidate.

Jan 12, 2018
Tang Shihua
Electric Vehicle Startup Sitech Unveils New Logo, Opens Silicon Valley Office

Electric Vehicle Startup Sitech Unveils New Logo, Opens Silicon Valley Office

Electric vehicle startup Sitech unveiled its logo and announced the official inauguration of its Silicon Valley branch office at CES 2018 in Las Vegas.

Jan 12, 2018
Dou Shicong
Chinese Variety TV Show-Based E-Commerce Platform Cops Millions of Dollars in A-Round

Chinese Variety TV Show-Based E-Commerce Platform Cops Millions of Dollars in A-Round

Hot Mom College, an e-commerce platform derived from a popular television show, has closed its A-round financing for millions of…

Jan 12, 2018
Tang Shihua
Alibaba Streaming Partner Aims to Become China’s Super-HD Version of Netflix With New Funds

Alibaba Streaming Partner Aims to Become China’s Super-HD Version of Netflix With New Funds

4K Garden Co., a streaming partner of tech giants Alibaba Group Holding Ltd and Sony Corp., aims to use new…

Jan 12, 2018
Tang Shihua
[Exclusive] Horizon Robotics Plans B-Round for March to Commercialize AI Chips

[Exclusive] Horizon Robotics Plans B-Round for March to Commercialize AI Chips

Artificial intelligence firm Horizon Robotics Inc., which has caught attention from AI investors, will begin its B-round funding in two months to commercialize its products this year.

Jan 11, 2018
Peng Haibin & Jiang Xuan
Ningze Financing Closes Angel Funding to Improve Fintech Systems

Ningze Financing Closes Angel Funding to Improve Fintech Systems

Ningze Financing has bagged millions of dollars in its angel funding to build new fintech systems, develop new products and…

Jan 10, 2018
Tang Shihua
Surestar Nets USD150 Million in A+ Funding to Expand Its LIDAR Product Range

Surestar Nets USD150 Million in A+ Funding to Expand Its LIDAR Product Range

Beijing Surestar Technology Co., which develops light detection and ranging (LIDAR) technology, has closed its A+ funding round at more…

Jan 10, 2018
Tang Shihua
Chinese IT Services Provider for Startups to Spend Funds on New Products, Brand

Chinese IT Services Provider for Startups to Spend Funds on New Products, Brand

Yichuang Hulian, a platform that acquires stakes in startups through the provision of information technology services, has secured financing worth…

Jan 9, 2018
Tang Shihua
STO to Explore Smart Logistics With Investment in Robot Positioning Firm

STO to Explore Smart Logistics With Investment in Robot Positioning Firm

Chinese delivery firm STO Express Co. has made a CNY30 million (USD4.6 million) investment in Myntai Technology Co., a provider…

Jan 9, 2018
Tang Shihua
Chinese Online Car Insurance Platform to Develop Claims System With Latest Funds

Chinese Online Car Insurance Platform to Develop Claims System With Latest Funds

PandaIns, an online auto insurance services provider, plans to develop a claims settlement system and boost research and development after securing financing worth CNY50 million (USD7.69 million)

Jan 8, 2018
Tang Shihua

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