Unitree Robotics has secured approval from China’s securities regulator for a Shanghai initial public offering that is poised to set…
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Capital injection: China backs AI drug makers in self-reliance drive
Hangzhou-based METiS TechBio, founded in 2020, raised 400 million yuan (US$57.9 million) in series D financing in August last year,…
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AI dominates venture capital investing in 2025, pulling in US$192.7 billion
Venture capitalists poured US$192.7 billion into artificial intelligence start-ups so far this year, setting new global records and putting 2025…
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Leading Chinese humanoid robot maker UBTech gets US$1 billion boost from Infini Capital
UBTech Robotics, a leading Chinese manufacturer of factory robots, has secured a credit line of up to US$1 billion from…
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China’s Hermitage Capital bets big on AI as it sees tech shaping the future
One of Asia’s top private equity funds is betting big on artificial intelligence and humanoid robots, envisioning a future where…
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Unitree Robotics boosts capital base, paving the way for new fundraising round
Hangzhou-based Unitree Robotics, a rising star in China’s booming robotics industry, has increased its registered capital from 2.6 million yuan…
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Venture capital funds flock to China’s eastern Zhejiang province amid hi-tech push
A total of 41 new corporate venture capital funds were registered in the coastal province last year, the highest number…
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Trump wants the US to be the world’s crypto capital. Will China take notice?
US President Donald Trump’s creation of a cryptocurrency reserve shortly before headlining a White House summit on the popular digital…
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ByteDance leads China’s Big Tech sector in capital spending with US$11 billion for 2024
TikTok owner ByteDance was China’s biggest investor in technologies including artificial intelligence (AI) in 2024, with its outlay almost matching…
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