
Local investors pump $54m into China's Rokid

Rokid, a China-based company specialising in augmented reality (AR) technology, has raised CNY384m(USD53mn)across two tranches, largely from state-linked investors.
The first tranche comprises CNY 125m from Yuhang State-owned Capital Investment Group, a Hangzhou-based government guidance fund. The second, worth CNY 259m, came from Dunhong Capital Management, Ganbei...
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