Luxic, a chip design company that focuses on the optical communications field, announced on September 28 that it has completed two rounds financing worth over 100 million yuan ($13.8 million).
Horizon Robotics, a manufacturer of in-vehicle smart chips, announced on September 26 that it has received strategic investment from Chery Automobile, with funds to be used primarily for the development and mass production of chips.
On September 25, Auto Custom, a modified car startup based in Tianjin, released its first self-designed small sports car model SC01. Smartphone maker Xiaomi has invested tens of millions of yuan in the company.
Well-Link, a Chinese cloud gaming services provider, announced that it has completed a B2 round of financing totaling $40 million yuan, led by Temasek.
Qidi, a smart glasses manufacturer, announced on September 13 that it has completed an angel round of financing totaling 100 million yuan ($14.4 million), with investment from Joy Capital, Matrix Partners and Meridian Capital.
Mi Camera Glasses, a product of Xiaomi’s Mijia ecosystem, announced over-the-air upgrades on September 10, providing support for new functions such as animal and plant identification.
Vastai Technologies, a Chinese high-end chip design company, released a series of new products on September 3 at the 2022 World Artificial Intelligence Conference (WAIC), and unveiled the SG100, a 7nm cloud GPU chip.
Tusk, an unmanned forklift robotics company, has received three rounds of financing totaling several hundred million yuan, following investment by Engage Capital, ZhenFund and 01VC.
Mogulinker, an AIoT SaaS service provider based on the industrial Internet, announced on September 2 that it had completed the C1 round of financing worth more than 100 million yuan ($14.5 million).
Volcano Engine, a cloud services platform owned by ByteDance, reached a formal cooperation agreement on August 31 with Autra Tech, a leading logistics enterprise for autonomous driving trunk lines.
Uniner Technology, a cloud-native robotic process automation (RPA) manufacturer, has secured round-A financing, jointly led by Sky9 Capital and Haochen Capital.
Suzhou-based chip design company Yige Technology, also known as EagleChip, announced on August 31 its completion of angel investment totaling 286 million yuan ($41.5 million).
Demeter Bio-Tech (Zhuhai) Co., Ltd., a microalgae product synthesis enterprise, has recently completed a pre-A round of financing totaling nearly 100 million yuan ($14.50 million).
Nreal, an augmented reality technology startup, announced on August 25 that it has received strategic investment of $15 million from IICOMBINED, the parent company of South Korean sunglasses brand Gentle Monster.
Zilliz, a vector database company, announced on August 25 its completion of a B+ round of financing totaling $60 million, increasing its overall round-B funds $103 million.