Artificial intelligence technology developer Aibee raised cash from Xiaomi at a unicorn valuation while industrial technology provider Bluetron received $78.6m.
Funding
Consumer electronics manufacturer Xiaomi joined China Merchants Capital Management, a subsidiary of state-owned conglomerate China Merchants Group, to provide an undisclosed amount of funding for China-based computer vision and natural language processing technology provider Aibee today at a valuation of at least $1bn. Although the size of the round was not revealed, Bloomberg had reported in September 2021 the company was looking to raise about $100m in its forthcoming round.
China-based industrial digitisation technology developer Bluetron has closed a…
