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GravityXR secures funding from Goertek & HoYoverse · TechNode

Extended reality chip startup GravityXR has completed a pre-A+ worth millions of dollars, according to local media outlet LatePost.

Sequoia capitalGoertek tongge fundIncubator groupTongge fundGaorong capitalLenovo capital

Qiming-backed robotruck startup DeepWay raises $111m in Series A+ round

The round was led by Shandong Weiqiao Pioneering Group & SB China Venture Capital.

Zhang yupengIncubator groupShandong weiqiao pioneering groupQiming venture partnersWeiqiao pioneeringQiming ventureVlight capitalLenovo capitalVenture capital

China s SemiDrive raises $139m in Series B+ to speed up auto chip adoption

SemiDrive plans to use the proceeds to focus on R&D efforts.

Shang qiFeng jiGuokai equipment manufacturing industrial investment fundIncubator groupJinshi innovation industry fundHuatai insurance groupChina semidrive technologyCv fundTech park developmentSemidrive technologySequoia capital chinaTemasek backed vertex ventures chinaInnovation industry fundGuozhong capitalShanghai zhangjiang hi tech park developmentVinno capital

China Digest: AR firm Thin Red Line snaps up $50m; Quantifeed buys ALPIMA

Thin Red Line has secured $50m in an angel round led by Meituan investment arm DragonBall Capital.

United statesCity ofUnited kingdomHong kong quantifeedLuo yonghaoIncubator groupFidelity international strategic venturesThin red lineHong kong based quantifeedDragonball capitalRun ventures chinaLenovo capitalMatrix partners chinaHong kong based

China Digest: Jingsheng New Energy, Jiangxing Intelligence close fresh funding

China Digest: Jingsheng New Energy, Jiangxing Intelligence close fresh funding
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Incubator groupTechnology venturesJingsheng new energyGuangdong industrial development fundShaanxi automobile groupJiangxing intelligenceNew energyFortune capitalBosera fundsLenovo capitalVlight capitalPoly capitalLingang scienceTsing ventures

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