Shenzhen Capital Co-leads $29M Round In Chinese Robotics Firm Makeblock

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Airblock, a modular drone that can be turned into a hovercraft and car, will be launched in May 2017.

Evolution Media China, an investment firm founded by U.S.-based Evolution Media Partners, and Chinese investment firm Shenzhen Capital Group Co., Ltd. have led a RMB200 million (US$29 million) series B round in a Shenzhen-based Makeblock, an educational programmable electronic robot kit building start-up.

China Money Network

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