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AR glasses maker Nreal nabs $200M funding in 12 months

China’s augmented reality startup Nreal is on a roll. The company, which hopes to bring AR to the masses by making bright-color, lightweight smart glasses, has just received $60 million in […]




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China’s driverless delivery startup Whale Dynamic targets US market with $2.5M funding

A nascent Nuro challenger from China has its sight set on the delivery market in the US and has just raised some seed funding to advance its ambitions. Whale Dynamic, […]




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What’s driving China’s autonomous vehicle frenzy?

A lot of government support, it appears Rita Liao 13 hours China’s autonomous vehicle industry first started seeing some traction around 2016, when a bunch of ambitious startups mushroomed following […]







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Baidu’s robotaxi service aims to be in 100 cities by 2030

Baidu keeps ramping up its autonomous driving ambitions. The Chinese tech company made its name in search engines and still relies greatly on search ads for revenues. But it’s hoping […]




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Chinese lidar maker Hesai lands $300M led by Hillhouse, Xiaomi, Meituan

The rush to back lidar companies continues as more automakers and robotaxi startups include the remote sensing method in their vehicles. Latest to the investment boom is Hesai, a Shanghai-based […]




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Lidar startup Innovusion closes $64M round led by Temasek

More investors are joining the wave to bet on lidar, the remote sensing method that uses laser light to measure distances and has garnered ample interest from automakers in recent […]