Industrials, Technology Oct 28, 2020 09:52 AM (GMT+8) · EqualOcean
SmartMore, a China's AI computer vision solution provider for industrial manufacturing, completed a USD 100 million Series A financing round. In June, the company announced the Pre-Series A of tens of million dollars led by Lenovo Capital, IDG Capital and ZhenFund, and the closure included more investors like Sequoia China, Co-Stone Capital and Green Pine Capital. In 2020, more AI startups focusing on vertical solutions grabbed over hundreds of millions of dollars in China. AI giants with a broad business spectrum are facing more questions from the market.

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