Alibaba Group Holding Ltd's global parcel tracking platform Cainiao Network and SB China Venture Capital (SBCVC) have led a RMB200 …
Vertex Venture Leads $14M Round In Chinese Logistics Robot Start-Up Geek+
Vertex Venture Holdings Ltd, a wholly-owned subsidiary of Singapore's Temasek Holdings, has led a RMB100 million (US$14 milllion) series A+ …
Shenzhen Capital Co-leads $29M Round In Chinese Robotics Firm Makeblock
Evolution Media China, an investment firm founded by U.S.-based Evolution Media Partners, and Chinese investment firm Shenzhen Capital Group Co., …
SoftBank-Backed CloudMinds Aims To Create A Cloud Intelligence Ecosystem
CloudMinds Inc., a Chinese start-up focused on the development of cloud intelligence-based applications backed by SoftBank Group Corp., aims to …
China Robotics Industry Records Rapid Sales Growth
Over 19,000 domestically made robots were sold during the first half of 2016, up 70.8% year-on-year. Aggregate sales totaled RMB2.6 …
China's iFlyTek Leads $100M Investment In Service Robot Start-Up ROOBO
iFlyTek Co., Ltd., a Shenzhen-listed Chinese software firm, has led a US$100 million investment in home service robot start-up ROOBO, …
China Aims To Become A Top 10 Robotics Nation By 2020
China wants to sell a total of 100,000 domestically produced industrial robots every year and leap into the Top 10 …
SoftBank Group Joins $30M Round In Chinese Cloud Robotics Start-Up
CloudMinds, a cloud robotics start-up founded by the former head of the research division of China Mobile, has raised US$31 …
DST's Yuri Milner Invests In China's Horizon Robotics
Yuri Milner, Russian entrepreneur, venture capitalist and founder of investment firm Digital Sky Technologies (DST), has made an undisclosed venture …
Alibaba, Foxconn To Invest $240M In SoftBank Robotics
Alibaba Group Holdings and Foxconn Technology Group have agreed to each invest 14.5 billion Japanese Yen (US$120 million) in SoftBank …