Beijing-based AI solutions developer Roobo raised $53 million in a Series B funding round led by Seven Seas Partners, a Chinese VC. This is in addition to the $100 million raised last year. The managing partner of Seven Seas, Jeff Xiong Minghua, who was Tencent’s CTO for eight years, will become Roobo’s new CEO.
Review of Industrial Automation Shenzhen (IAS) Show and Conference
Conferences and trade shows can be informative and offer an opportunity to explore new places, meet new people and get hands-on with new technologies. June’s Industrial Automation Shenzhen (IAS) trade show and conference took place in one of China’s fastest developing and most technologically sophisticated cities. We sent our new research associate, Muyuan Li, to…
Think Amazon is leading in drone delivery? Think again!
In a 2013 interview of Amazon's Jeff Bezos by CBS' Charlie Rose, Bezos launched drone delivery by e-commerce companies by announcing the new Amazon Prime Air – and demonstrating a delivery system designed to get packages to customers by drone. It was a terrific scoop for CBS and a lot of fun for viewers and…