AInnovation, an artificial intelligence (AI) consulting business established by Sinovation Ventures, has joined the ranks of China’s AI unicorns following a Series C round of funding.
The round was led by CICC Capital, with the likes of Shanghai Guohe Capital and Riverhead Capital – a unit of Sunshine Insurance Group – coming in as new investors. China Renaissance’s Huaxing New...
A darker mood for Chinese investors in India is stirring expectations for a wave of direct secondary opportunities
Rocket Lab, a US-based space technology company that operates primarily in New Zealand, as agreed to merge with a special purpose acquisition company (SPAC) at an enterprise valuation of $4.1 billion.
The global SPAC craze is percolating into Asia, with private equity firms among the sponsors. LPs aren’t necessarily comfortable with the development, but there’s only so much they can do about it
See Fund, an investment firm established by the founder of Chinese artificial intelligence chip start-up DeePhi Technology, has raised RMB200 million ($31 million) for its debut fund.