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This week, LiblibAI made headlines by announcing the successful closure of its Series B funding round, amassing a staggering $130 million. This round was co-led by Sequoia Capital China, CMC Capital, and a strategic investor. Notably, existing investors such as Shunwei Capital, Source Code Capital, Mingshi Capital, and InnoVision Capital also substantially increased their stakes. This achievement marks the largest single investment ever recorded in China's AI application landscape.
Concurrently, Manifold AI secured an angel round of funding amounting to tens of millions of RMB. This round was backed by investors including Cowin Capital, Jinqiu Fund, and InnoAngel Fund. Additionally, Leju Robotics wrapped up a Pre-IPO funding round, raising close to 1.5 billion RMB.
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