SoftBank CVC, China Creation Ventures Co-Lead $21M Round In Chinese Robotic Firm


SoftBank China Venture Capital and China Creation Ventures, a Beijing-based venture firm focused on TMT investments in China, have co-led a RMB135 million (US$21.2 million) series B round in CowaRobot, a Chinese robotics firm. Infore Investment Holding Group, a Chinese conglomerate, Shanghai-based investment firm Orca M&A Capital, China Minsheng Investment Group and others also participated in the round, according to China Creation Ventures’ announcement on its official WeChat account. CowaRobot was founded in 2015 by He Tao, a former engineer …

SoftBank CVC, China Creation Ventures Co-Lead $21M Round In Chinese Robotic Firm appeared first on China Money Network.


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