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Chinese Ai Chip Maker Cambricon Raises Massive Funding Round Led By Sdic Venture – China Money Network
Chinese artificial intelligence chip maker Cambricon Technologies Corp Ltd. has raised a series B round worth several hundreds of millions of U.S. dollars led by SDIC Venture Capital, a subsidiary of state-owned investment holding group China Reform Holdings Corp Ltd, China State-owned Capital Venture Investment Fund and its sub-fund Guoxin Qidi Fund. CICC Capital, CITIC Securities Goldstone Investment Fund, TCL Capital, a Chinese Academy of Sciences fund, as well as some existing investors including Alibaba Innovation Ventures, also participated in … Full investment news article
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Blockchain This Week: Kerala To Leverage Blockchain For Grocery Distribution And More
While globally, blockchain-based startups have succeeded to raise around 1.3 Bn from VC funds, Indian blockchain-based startups have reportedly raised a mere $5.3 Mn in the last two years (January 2016-April 2018). Clearly, the blockchain projects running across the country are yet to pave the way for the startups, at least in terms of funding. […] The post Blockchain This Week: Kerala To Leverage Blockchain For Grocery Distribution And Other News appeared first on Inc42 Media. Full investment news article
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