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General Motors-backed Momenta is considering an IPO in either Hong Kong or the US.

Chinese robot developer CloudMinds bags over $153m in a Series B+ round April 9, 2021 Chinese robot developer CloudMinds Technology Inc has garnered over $1 billion yuan ($153 million) in a Series B+ round of financing, it announced on Friday. The transaction was jointly led by Shanghai Chengtou Group and Guosheng Group, which are investment arms of the Shanghai local government.  The $153 million Series B+ round comes as CloudMinds, which has a US unit, suffered serious setbacks amid the Sino...