Baidu Ventures joins Series B for China retail AI player
Baidu Ventures has joined a Series B round of undisclosed size for SandStar, a Chinese artificial intelligence (AI) developer focused on the retail sector. It brings total investment to date to $25 million.
Guopeng Capital, which invested $6.7 million in March, led the round alongside Mobai Capital. Kinzon Capital and Fengshion Capital also contributed. Baidu Ventures also participated in two earlier rounds....
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