
Neolix Secures $600M+ Series D, Setting a Record for China’s Autonomous-Driving Sector
Neolix raises $600M+ in Series D to scale autonomous “robovan” operations after passing 10,000 vehicles produced, pushing into large-scale rollout.
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Neolix raises $600M+ in Series D to scale autonomous “robovan” operations after passing 10,000 vehicles produced, pushing into large-scale rollout.

LiblibAI bags $130M Series B — China’s biggest AI app funding this year, aiming to build a global multimodal creator ecosystem.

Senior Auto secures B+ round to scale autonomous logistics, expanding from closed sites to open-road trunk operations.

ByteDance is raising up to $600 million in funds for its automotive information and transaction platform 'Dongchedi'.

Power bank rental company Energy Monster has completed its C round of financing, with a total funding of 500 million yuan.

Uditech, a global commercial service robot supplier, announced on Monday that it had completed a new round of financing.

Robotic process automation (RPA) and Artificial Intelligence (AI) startup Laiye Technology announced today that it has completed its Series C financing round of $42 million.

Alibaba Group's grocery chain Freshippo is considering raising funds at a valuation of $10 billion.

Last week saw two prominent Chinese VC funds – Future Capital and Qiming Venture Partners – raise new US dollar funds.

Chinese online education platform Yuanfudao has raised $300 million in a new funding round, bringing the overall funding of the Beijing-based company to $3.5 billion this year.

Sequoia Capital’s China affiliate has raised new funds totaling about $9 billion, to be used for investments in technology and healthcare. The firm received more than $12 billion in a 50% oversubscribed round.

Tencent started the application process for the "New Cornerstone Investigator Program" from July 1 to September 30, 2022.