Announced
Completed
Financials
Sources
Tags
Single Bidder
Minority
Acquisition
Private
Cross Border
software development
Friendly
Private Equity
Venture Capital
Completed
Hong Kong
Software
artificial intelligence
Synopsis
IDG Capital and Sequoia Capital led a $200m Series B round in SmartMore, a vision AI technology company, with participation from CoStone Capital, Green Pine Capital Partners, Lenovo Capital and ZhenFund. This round of funding will be mainly used to further cultivate the market, increase investment in R&D of products and technology, and drive large-scale implementation into more intelligent manufacturing scenarios.
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