Eagle Cloud Secures Nearly RMB 100 Million in Series B+ Funding to Propel AI Agent Security and Global Expansion

Eagle Cloud, a frontrunner in enterprise security governance solutions, has successfully closed its Series B+ funding round, amassing nearly RMB 100 million (approximately $14 million USD). This significant capital injection…

Xi’an Secures Landmark ¥10 Billion Silicon Industry Base Project, Propelling China’s Semiconductor Self-Sufficiency Amid Global Supply Strain

A pivotal signing ceremony convened on December 9th in the heart of the National Xi’an High-Tech Industries Development Zone, marking the official commencement of a monumental silicon industry base project.…

Nubia NaviX Ultra Secures Network Approval, Poised for Imminent Launch with ByteDance’s Advanced AI

The Nubia NaviX Ultra smartphone has officially received network access approval in China on September 1, clearing the final regulatory hurdle before its anticipated commercial launch later this month. This…

Sunrise, an AI Chipmaker Spun Out of SenseTime, Secures RMB 2 Billion Funding, Doubling Valuation to RMB 20 Billion Amidst Domestic Tech Drive

Sunrise, an emergent AI chipmaker that originated from the chip business unit of SenseTime, a leading artificial intelligence software company, has reportedly concluded a significant financing round, raising RMB 2…

PsiBot Secures Over $100 Million in New Funding Round, Bolstering Embodied AI and Dexterous Manipulation Efforts

PsiBot, a rapidly emerging Chinese embodied-AI startup specializing in dexterous manipulation, has successfully concluded a new funding round exceeding US$100 million. This significant capital injection underscores growing investor confidence in…

Alibaba Secures $10.21 Billion Through Share Placement to Fuel Ambitious AI Expansion

Alibaba Group Holding Limited has successfully priced a placement of 710 million new Hong Kong-listed shares at HK$112.70 each, a strategic move designed to raise approximately HK$80 billion, equivalent to…

Lovable Secures $400 Million Series C Funding, Achieving $13.3 Billion Valuation Amidst No-Code Revolution

Lovable, the innovative Stockholm-based software creation platform, has announced the successful closure of a $400 million Series C funding round, catapulting its valuation to an impressive $13.3 billion. This substantial…

Unitree Robotics Secures Landmark IPO on Shanghai STAR Market, Forging Strategic Alliance with DeepSeek AI

Unitree Robotics, a leading developer of high-performance quadruped and bipedal robots, has successfully priced its initial public offering (IPO) on the Shanghai Stock Exchange’s STAR Market at RMB150.80 per share,…

GWM Says Haval H10 Secures 31,826 Orders in First 24 Hours

Great Wall Motor’s Haval brand announced a significant market triumph with its new H10 boxy SUV, which garnered more than 31,826 orders within its initial 24 hours on the market.…

Kaiwang Data Secures Over RMB100 Million in Strategic Funding Round to Fuel Embodied AI Data Infrastructure Development Amidst Soaring Global Demand.

Kaiwang Data (凯望数据), a prominent Chinese provider of essential data infrastructure tailored for the burgeoning field of embodied artificial intelligence, has successfully concluded a strategic funding round exceeding RMB100 million.…