XPENG Robotics Raises $100M to Bring Smart Robots to Households
XPENG Robotics has quite a number of competitors who are also exploring this new niche while developing functional products that can be deployed and utilized by households every day.
Opera’s Fintech Startup OPay Raises $120 Million From Chinese Investors
Opay, which was founded by Opera, the web browser developer, just recently raised $120 million in series B round, which mainly was backed by Chinese investors, confirmed Opera’s CFO Frode Jacobsen.
South Korean Kakao Launching Its Own Crypto Wallet
KakaoTalk, a South Korean instant messaging application, is the newest member of the crypto-community as it is set to launch its native cryptocurrency wallet Klip later this year that will support Klaytn’s cryptocurrency Klay.
Binance CEO Takes VC Giant Sequoia Capital to Court for Hurting His Reputation
Bincne CEO Changpeng Zhao has sought monetary compensation from a unit of Sequoia Capital from preventing him from raising money during favorable times.
KuCoin Users Can Now Custody Their Own Crypto Assets
KuCoin crypto exchange has entered in a partnership with Arwen to allow its users to custody their crypto assets while trading.
Liquid.com Hits $1 Billion Valuation Closing Its Latest Funding Round
Owing to the investments made by Bitmain and IDG Capital in Series C funding round, crypto trading platform Liquid.com has become a new crypto unicorn.
Kakao’s Ground X Raised $90M in Private ICO, Set to Get Another $90M Starting Today
By
Darya Rudz
The second ICO round is set to commence today, on March 12. Amid the launch of its Klaytn platform, the Ground X developers are planning to raise the same $90 million.
Sequoia Capital China Leads $400M Pre-IPO Round in Bitcoin Miner Bitmain
The latest round of funding by Sequoia Capital has helped Bitmain to take its valuations to a whopping $12 billion.
Circle Raises $110M in Series E Round from Chinese Bitcoin Miner Bitmain
The partnership with Bitmain will enable Circle issue USD Coin and help push forwards its drive in improving its products and services.
Sequoia, IDG to Invest $50M in China’s Bitcoin Mining Company Bitmain
By
Maria Konash
Beijing-based Bitmain receives solid investments and now is planning to get into the deep learning arms race producing chips for artificial intelligence.