US-based mobile chipmaker Qualcomm has invested undisclosed sums in nine China-based companies through its $150m China Venture Fund, TechCrunch reported today.
Mobike, the bicycle sharing platform that raised $600m in a June 2017 round led by internet group Tencent, is among the chosen companies. Qualcomm and Mobike have been cooperating for the latter’s international expansion efforts.
SenseTime, an artificial intelligence (AI) technology developer that closed a $410m series B round in July 2017 backed by real estate-focused conglomerate…
