China’s CSC Group backs UK AI incubator
Chinese private equity firm CSC Group has invested in Founders Factory, a London-based accelerator and incubator, with a view to getting exposure to artificial intelligence (AI) technology start-ups.
The size of the transaction was not disclosed but the Chinese group said it has invested multi-million pounds. Dania Zhou, CSC's senior managing director, will join the Founders Factory board. As part...
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