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BIBO, a Chassis Solution Provider, Raises $29M Funding with NIO Capital...

Intelligent chassis solution provider BIBO completes Round A financing, raising 200 million yuan ($29 million). BIBO has over 20 years of experience in developing electronic products for chassis and...

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Deemos Launches ChatAvatar Powered by Generative AI for Metaverse

Deemos Technologies launches ChatAvatar, a 3D digital character creation tool powered by AI. The software is intended for gamers and professionals looking to reduce the cost of 3D character creation....

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Lvtong Technology relies on US for majority of overseas revenue

Lvtong Technology’s main source of overseas revenue is the United States The company specializes in new energy electric vehicles and has over 100 high-tech products and dozens of patents Golf cart...

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Sinpro Secures Several Hundred Million Yuan in Funding

Chinese millimeter-wave radar startup Sinpro has completed an A round of financing worth hundreds of millions of yuan. The funds will be used for R&D and mass-produced 4D imaging radars, which will...

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GravityXR Receives New Funding from Investors like miHoYo for Extended...

GravityXR completes pre-A+ funding round worth hundreds of millions of yuan led by Tongge Fund and including participation from miHoYo, United Media FOFs, Eastern Bell Capital, Eight Roads, Vipassana...

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Mogo Auto Gets Series C2 Funding with Tencent’s Participation.

Mogo Auto raised 580 million yuan ($83 million) in funding for autonomous driving technology and operations services in the C2 round financing, with investors including Chengdu Science and Technology...

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Ofo Founder Starts New Coffee Brand Amid Controversy

Dai Wei, founder of failed bike-sharing firm Ofo, launches new coffee chain ‘About Time’ Coffee in the US About Time Coffee sells chilled pearl coffee, gaining popularity on social media, and follows...

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Baichuan Intelligent Technology unveils Baichuan-7B, its inaugural...

Baichuan Intelligent Technology has launched baichuan-7B, a large-scale Chinese and English pre-training model with 7 billion parameters. The model has achieved top results in benchmark tests and...

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Xiaomi’s Investment in French Startups Signals Confidence in Sensor Revolution

Luca Verre, CEO of Prophesee, visited China to attend a mobile communications congress and work on projects with the Shanghai team Prophesee’s event-based vision technology captures dynamic and...

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