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The Series B round was led by Legend Capital, while Lightspeed China and Greater Bay Area Homeland Investments co-led the Series B+.

Hive Ventures invests in InfuseAI and 15 more deal updates from Greater China April 6, 2021 Taiwanese machine learning startup InfuseAI has secured a $4.3 million Series A round funding led by the iPhone manufacturer Wistron Corporation, per a company statement on Tuesday.  Taiwan-based, tech-driven global VC Hive Ventures partnering Taiwan Venture Capital Group and Silicon Valley Taiwan Investment also joined the current round. InfuseAI is gearing up to foray into the Japan market, followed by Southeast Asia.  InfuseAI, set up in 2018, offers a gamut of development and data analysis servic...

So, let me preempt this by saying that there are plenty of robotics verticals worth getting excited about. But at the moment, everyone sure seems focused on warehouse fulfillment. It’s understandable, of course. Right now, it’s Amazon versus the world, and the retail giant certainly has a leg up on much of the world on the robotics front — questions around human labor are a different conversation entirely (though that’s also one I’m happy to have). I’ve spoken to a number of executives at top fulfillment robotics companies, and the message is pretty much the same across the board:...