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After AI, China unicorns are eyeing global domination in robotic humanoidsLinkerbot currently holds over 80 per cent of the global market share in high-degree-of-freedom (DoF) robotic hands.- Meta to acquire Chinese startup Manus to boost advanced AI featuresMeta is acquiring Chinese artificial intelligence startup Manus. This move aims to speed up the integration of advanced AI across Meta's pl...
- Chinese AI firm MiniMax targets $4 billion-plus valuation in Hong Kong IPO, sources sayChinese AI startup MiniMax has confidentially filed for a Hong Kong IPO, targeting a valuation over $4 billion and aiming to raise up to $6...
- Cross-border digital payments startup Aspora raises $93 million from Sequoia Capital, Greylock and othersAspora, a London-based cross-border payments startup backed by Y Combinator, has secured $93 million in equity funding across three rounds ...
- China's Instagram-like Xiaohongshu making inroads with ecommerce salesA recent switch to livestream selling on social media platform Xiaohongshu three months ago has seen Feng sell everything from a 15,000 yua...
- Matrix Partners India rebrands to Z47, China arm to MPCThe venture capital firm is known for backing the likes of mobility firm Ola, online payments company Razorpay and business-to-business com...
- Indians founded highest unicorns outside country: reportAccording to the report by the Hurun Research Institute, India was placed third globally with 67 unicorns, led by on-demand delivery start-...
- Alibaba leads record $1 billion investment in Chinese AI firm MoonshotFounded in March 2023, Moonshot AI is among the better-known startups developing generative artificial intelligence in China, hoping to eve...
- Chinese chip design startup Moore Threads valued at $3.4 billion in funding before US curbsThe US in October added the graphic processing unit designer to a trade blacklist, cutting it off from having its chips manufactured by Tai...
- Sequoia targeted by US House China tech investment probeThe House Select Committee on China is investigating venture capital firm Sequoia Capital for its investments in Chinese technology compani...
- Three partners to leave VC fund Lightbox VenturesSandeep Murthy remains the only partner in the Mumbai-based firm, which has 25 portfolio firms. Portfolio firms backed by the departing exe...
- China's OrienSpace could be valued at $823 million in new fundraisingChinese commercial rocket developer OrienSpace is set to be valued at about 6 billion yuan ($823 million) in a new fundraising exercise ahe...
- China addresses investor concerns in rare meeting with global funds as economic recovery loses steamThe rare meeting with global funds comes after Chinese President Xi Jinping’s administration voiced its strongest support in recent years f...
- China addresses investor concerns in meeting with global VC, PE fundsChina Securities Regulatory Commission vice chairman Fang Xinghai met with some global venture capital and private equity firms to hear the...
- Peak XV says will ‘collaborate’ as HongShan makes Southeast Asia entryCommenting on HongShan’s SE Asia foray, Peak XV said it believes that “the opportunities for collaboration are far greater than the scope f...
- China's Meituan to buy artificial intelligence firm Light Year from cofounderThe deal comes at a time when AI has captivated investor interest across the globe, prompting a flurry of investments or acquisitions by bu...
- India not for the fainthearted, but worth it: Lightspeed’s Bejul Somaia after Sequoia’s exitIn a lengthy note posted on Twitter, he said India is not for the fainthearted, but its potential is compelling.
- Sequoia to separate China, India and Southeast Asia by March 2024In a statement signed by the firm's managing partners Roelof Botha, China head Neil Shen and India head Shailendra Singh, Sequoia said the ...
- In China's Wuhan, cholera-causing bacteria in turtles strikes nerveWhile no human cholera case was found among people who came in contact with the softshell turtles, the specific store selling them was orde...
- Robots help combat COVID-19 in world, and maybe soon in India tooThe World Health Organisation has advised physical distancing for people around the world to prevent community level transmission of COVID-...
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