China Tech Digest: Tencent Unveils Wheel-legged Robot Ollie; Huawei Releases Financial Partner Go Global Program


Tencent unveils Novel wheel-legged robot Ollie

A research paper related to Tencent’s wheel-legged robot Ollie has been included in 2021 IEEE International Conference on Robotics and Automation. Ollie has both wheeled structure and leg ability. The wheeled structure moves fast and is efficient. The leg ability allows Ollie to adapt to uneven ground and complete jumping steps, reaching the industry leading level. This robot is developed by Tencent’s Robotics X Lab. After self-balancing bicycles, robot dogs Jamoca and Max, Ollie has accumulated motion control technology, and has made breakthroughs in motion planning, balance and stability.

Huawei releases Financial Partner Go Global Program

Today, Huawei announced the launch of Financial Partner Go Global Program (FPGGP), which will unite with partners in the financial industry capable and willing to cooperate with Huawei to integrate the experience and technological innovation capabilities of Huawei and partners in financial digital transformation, and provide industrial solutions.

Horizon Robotics is reportedly considering a US$1 billion IPO in the U.S.

China’s AI chip startup Horizon Robotics is considering an initial public offering (IPO) in the United States, and the scale of fundraising may be as high as US$1 billion. The Beijing-based company received investor support including Intel Capital, Hillhouse Capital and Yunfeng Capital. People familiar with the matter said the company is preparing for the issuance of shares together with consultancy. They said that it may be listed as soon as the end of this year.

Bill Gates: China has become an important force for global inclusive innovation

Bill Gates, co-chairman of the Bill & Melinda Gates Foundation, delivered a video report at the 2021 Pujiang Innovation Forum in Shanghai, stating: China has become an important force for global inclusive innovation; In the world’s people’s pursuit of health and well-being, China’s achievements are inspiring.

ZongMu Technology completed US$190 million series D round

Chinese ADAS solution provider ZongMu Technology has completed the series D round of financing with a cumulative amount of US$190 million, including a series D1 round led by DENSO, a series D2 round led by Cowin Capital and Gaoyuan Capital, a series D3 round led by Xiaomi Yangtze River Industry Fund. Existing investors Legend Capital, Qualcomm Ventures and Jadex Capital also participated. ZongMu Technology will continue to strengthen in-depth cooperation with international mainstream ADAS and autonomous driving semiconductor partners to form a complete product line from assisted driving to autonomous driving.

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