SoftBank signs up for Malong’s series B vision

Nov 15, 2017 • Sam McCaffrey

Telecommunications group SoftBank’s Chinese investment unit, SBCVC, has led a RMB220m ($33.2m) series B round for China-based machine vision technology developer Malong Technologies, China Money Network has reported.

Founded in 2014, Malong has developed an artificial intelligence (AI) machine vision platform that provides product and image recognition as well as image content searching services for businesses in sectors such as textiles, furniture, retail, food and wine.

The company has raised a total of $44m in financing, according to a statement…

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