November fundings, acquisitions and IPOs

Ubtech, a Shenzhen-based humanoid robots maker startup, raised $400 million in a Series C round led by Tencent Holdings (which invested $40 million in the round). Ubtech (Union Brothers Technology) builds and sells toy robots. Their most recent is a $300 Star Wars Stormtrooper robot which will ship just before the movie debuts mid-December. TuSimple, a Chinese startup providing autonomous driving technology for the trucking industry, raised $55 million in a Series C round led by Fuhe Capital with Zhiping Capital and SINA Corp. Note that TuSimple raised $20 million in August in a Series B round.