AI Hardware Firm Looki Secures Over $20 Million in Series A Financing
1 week ago / Read about 0 minute
Author:小编   

Based on an exclusive report from Founder Park, AI hardware startup Looki has recently wrapped up its Series A financing round, raising more than $20 million. This round of funding was spearheaded by Ant Group, with contributions also coming from Meituan Dragonball, Walden International, and Zhongguancun Capital. BAI Capital, an existing investor, opted for excessive follow-up investment (meaning it over-subscribed its investment commitment) in two successive rounds. Meanwhile, AlphaX Partners and Tongge Venture Capital kept upping their stakes. With this infusion of capital, Looki is set to bolster its organizational talent cultivation, model iteration processes, product development endeavors, and supply chain integration. The company aims to expedite its technological buildup in the AI-native hardware domain and delve deeper into the exploration of next-generation interaction interfaces.