
China's Jaka Robotics raises $150m Series D

Prosperity7 Ventures, a USD 1bn venture capital fund established by Saudi Arabia state oil giant Saudi Aramco, has continued its run of robotics investments in Asia by joining a USD 150m Series D for China’s Jaka Robotics.
It is one of four lead investors alongside Temasek Holdings, TrueLight Capital, and SoftBank Vision Fund 2. Jaka, which was founded in 2014 as a spinoff from Shanghai Jiao Tong University’s robotic research...
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