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Aramco’s Prosperity7 powers AI drug firm Insilico’s $95M round

Hong Kong-based drug discovery and development company Insilico has secured fresh capital at a time that its CEO described as a “biotech winter.” The firm has raised $35 million on […]




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Metaverse app BUD raises another $37M, plans to launch NFTs

BUD, a nascent app taking a shot at creating a metaverse for Gen Z to play and interact with each other, has raised another round of funding in three months. […]




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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 […]