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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...

China: WeiyangX Fintech Review Shanghai Reveals 2 On December 31 st 2020, the Shanghai Fintech Innovation Supervision Pilot Working Group revealed the second batch of projects for its fintech sandbox. The 5 innovative projects focused on cutting-edge technologies such as big data, multi-party secure computation and image recognition, bridging the “digital divide” by providing more accesses of inclusive financial services for individuals and SMEs. Applicants for this round of sandbox included bank, clearing institutions, payment agencies and technology companies. ( Source: Bilibili plans ...