China s Gaussian Robotics bags $100m funding from Tencent, Meituan, others dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.
China Digest: Xiaobang Guihua, X-EPIC in funding news Premium
Xiaobang Guihua has raised ‘tens of millions of US dollars’ in its Series B+ round of financing co-led by PE firm Lingfeng Capital and Israeli-Russian entrepreneur and venture capitalist Yuri Milner. In a separate development, X-EPIC has also garnered funding a similar amount in its Series A+ round led by Sequoia Broadband Industry Fund.
Continue reading this story with a subscription to DealStreetAsia.
Contact us for corporate subscriptions at subs@dealstreetasia.com.
Sign up for our newsletter - The Daily Brief Opt out of receiving The Daily Brief in your inbox everyday
Airobotics aims to raise $50m in TASE IPO
The Israeli drone company is planning the offering for May at a company valuation of $180 million, sources inform Globes.
Israeli automated industrial and security drones developer Airobotics is taking advantage of the stock exchange tech boom to raise $50 million in an initial public offering (IPO) on the Tel Aviv Stock Exchange (TASE) at a company valuation of about $180 million, before money, sources inform Globes. The IPO, which is planned for May, will be led by Leumi Partners Underwriters.
RELATED ARTICLES
Airobotics, which was founded in 2014 by CEO Ran Krauss and VP R&D Meir Kliner has already raised $120 million in financing rounds, the most recent of which was in October 2018. The money raised in the TASE IPO will be used for marketing and sales of the products developed, after most of the previous amounts raised were invested in R&D, leaving the company short of cash.
China Digest: Cobots developer JAKA gets $46m; AI startup WAYZ bags $40m Premium
Chinese collaborative robots developer JAKA Robotics has raised over 300 million yuan ($46.4 million) in a Series C round of financing while AI startup WAYZ has completed a Series A+ round at $40 million.
Continue reading this story with a subscription to DealStreetAsia.
Contact us for corporate subscriptions at subs@dealstreetasia.com.
Sign up for our newsletter - The Daily Brief Opt out of receiving The Daily Brief in your inbox everyday
REGISTER stories left placeholder You have one free story left this month. You have stories left placeholder free stories left this month.
Virtual classes help piano players hit the right notes By CHENG YU | China Daily | Updated: 2021-01-02 08:46 Share CLOSE A 7-year-old girl from Shanghai learns to play the piano using an AI-enabled online piano tutor tool. CHINA DAILY
Practice was often an ordeal for 9-year-old Wang Lingyi, an aspiring piano student from Qingdao, East China s Shandong province, as no amount of hard work was helping her hit the right notes.
But things are changing these days. Lingyi is no longer the reluctant practitioner that she was some time ago. At 6 pm every day she practices for an hour or even more on the piano without fail, making her mother wonder as to how an online tool has made a sea change in her perception and understanding of music.