Service robot manufacturer Uditech completed a $31.1m Guanda and 58.com-backed round while Mayo Clinic co-led privacy technology developer TripleBlind's $24m series A round.

Funding

China-headquartered service robot maker Uditech has closed a RMB200m ($31.1m) series C2 round featuring knitwear producer Guanda Group and classified listings operator 58.com’s 58 Industry Fund, Pandaily reported yesterday. Chengding Fund and Yunfeng Capital co-led the round, which included Xinshang Capital – possibly a subsidiary of online marketplace Xinshang. Water purification technology provider Runxin co-led a series B round for Uditech in the eight-digit yuan range in 2018 with Legend Capital, the venture capital firm spun off by conglomerate…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Robert Lavine

Robert Lavine is special features editor for Global Venturing.