Venture Capital
China’s Horizon Robotics, a robotics chip developer founded by a former executive at Baidu Inc’s Institute of Deep Learning, is to raise a US$100 million series A+ round led by Intel Capital, the corporate venture arm of Intel Corporation. The round will be finalized in December, with participation from Morningside Venture Capital, Hillhouse Capital, Linear Venture, Harvest Investments and Wu Capital, Horizon Robotics’ founder Yu Kai announced at the Intel conference yesterday. Founded in 2015, Horizon Robotics focuses on connecting … Intel Capital To Lead $100M Round In China’s Horizon Robotics appeared first on China Money Network.

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