News Snapshot:
MegaRobo , a Chinese startup focused on the development of robots and the Internet of Things, announced that it has raised US$30 million in a series B round led by Sinovation Ventures, a VC firm founded by Google China’s former president Kai-Fu Lee. MegaRobo CEO Daniel Huang / Photo credit: Robert Bosch Venture Capital Liando Investment, Joy Capital, and Robert Bosch Venture Capital (RBVC), the corporate venture company of Robert Bosch GmbH, also participated in the round. Founded in 2016, MegaRobo works on the application of robot and artificial intelligence in the life science industry. It also provides automation solutions...
