FutureX Capital
Eight Roads leads $22m round for Meitu's AI design unit
Pixocial, an artificial intelligence-enabled (AI) design tool spun out from China-based photo editing app provider Meitu, has raised USD 22m in funding led by Eight Roads.
China’s FutureX closes Fund II on $150m
FutureX Capital, which makes growth-stage technology investments in China, has closed its second US dollar-denominated fund with commitments of approximately USD 150m.
Deal focus: Gitee aspires to be more than China’s Github
FutureX Capital got onto Gitee’s shareholder register by suggesting a separation from Baidu. Now, FutureX is backing the company to leverage its status as China’s dominant open-source software player