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Robots Are Where It's At Lately In China Venture Funding

Forbes - TechMar-20-2017, 22:25:04 GMT

Robots are where it's at lately with funding, especially so in China. Vertex Ventures China has led a $14 million financing of a Chinese warehouse and logistics robot, Geek . Prior investors Banyan Capital and Shanghai Volcanic Stone Capital participated in the funding. Meanwhile, a Shenzhen-based education and robotics startup, Makeblock, raised $30 million in a Series B round from Shenzhen Capital Group and Evolution Media China. Makeblock, essentially a robot-building kit for kids, has drawn $36 million in funding and is gearing up for expansion into new markets and education hardware.

artificial intelligence, china venture funding, startup, (8 more...)

Forbes - Tech

Country:

Asia > China > Guangdong Province > Shenzhen (0.48)
Asia > China > Shanghai > Shanghai (0.26)
Oceania > Australia (0.08)
(3 more...)

Industry:

Transportation > Passenger (1.00)
Transportation > Ground > Road (1.00)
Banking & Finance > Capital Markets (1.00)

Technology: Information Technology > Artificial Intelligence > Robots (1.00)

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