by RJ Shara | May 7, 2021 | Startups
SoftBank has actually picked its bet in China’s flourishing industrial robotics area. Youibot, a four-year-old startup that makes autonomous mobile robots for a range of circumstances, stated it has notched close to 100 million yuan ($15.47 million) in its latest financing round led by SoftBank Ventures Asia, the Seoul-based early-stage arm of the worldwide financial investment behemoth. […] Founded by a group of PhDs from China’s prominent Xi’an Jiaotong University, Youibot develops services for factory automation and logistics management, as well as evaluation and upkeep for various markets. Youibot’s”greatest suits”are in electronics manufacturing and electric power patrol, the business’s representative informed TechCrunch. 
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by RJ Shara | Oct 26, 2020 | Startups
Further verification that the esports market is expanding amidst the pandemic comes today with the news that esports “overall solutions service provider” VSPN (Versus Programs Network) has raised what it refers to as “near” $100 million in a Series B funding round, led by Tencent Holdings. Other financiers that participated in the round consist of Tiantu […] Thanks to policies supporting Shanghai as the global center for esports, and with Beijing, Chengdu, and Xi’an expressing self-confidence in the advancement of esports, VSPN has actually grown rapidly in current years. After this financing round, we look forward to constructing an esports research institute, an esports culture park, and further expanding globally. In addition to its core esports tournament and material production service, VSPN has branded esports places in Chengdu, Xi’an and Shanghai. VSPN stated it will continue to focus on building an esports short-form video ecosystem, enhancing the quality of esports content creation, and reaching more users via different channels. …
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