The Digital Source For China's Tech Innovation Since 2000

Search
Close

AI and IoT Gain Incubator And Venture Funding Focus In China

October 28, 2016
Business | Gadgets & Electronics

Artificial intelligence, big data, virtual reality, drones, robots, Internet of Things and aerospace projects are the focus of a new alliance and incubator among venture capital firms in China.

Chinese media report the alliance still has no name, but it is comprised of Zhen Fund, Innovation Angel Funds, CAS Star, Ever Venture Capital, Geek Founders, Tsinghua Digital Innovation Center, Power Cloud Venture Capital, and a few other unnamed parties.

The accelerator will organize project roadshows, innovation competitions, innovation forums, experts speeches and entrepreneur camps.

"As early stage investors, we want to help push innovation in the artificial intelligence and big data space, as well as their applications in China," one of the founding firms said in a statement.

Full capitalization figures and details of the size of the alliance's investment fund have not been released.

Tags: AI | artificial intelligence | big data | CAS Star | Cloud Computing | drone | Even Venture Cpaital | Geek Founders | incubator | Innovation Angels Fund | Internet of Things | IoT | robotics | venture capital | virtual reality | VR | Zhen Fund

Other Related News:

Disney Digitally Alters Bart Simpson’s Catchphrase From ‘Cowabunga!’ To ‘Taiwan Is Not A Sovereign State!’

December 1, 2021

ZTE Plows CNY5.6 Billion Into Guangzhou Research Institute

January 14, 2016

ARK's Cathie Wood Cuts Exposure To China-Based Names And Dumps $100 Million In Tesla This Week

September 10, 2021

Woven Systems Opens Beijing Software Development Center

March 5, 2008

Chinese Internet Giants Invest In Tesla Killer

September 2, 2015

Nine Taiwanese startups recognised at ‘Next Big’ event in Taipei

October 21, 2021

AI researchers won’t be playing ‘trust fall’ with Facebook. Or China

August 13, 2021

For Real? 10,000 HTC VR Spots Will Span China This Year

July 13, 2016

China's 21vianet Acquires VPN Service Provider Dermot

August 13, 2014
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
Menu
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2022 ChinaTechNews.com. A Service of Asia Media Network.
Twitter
Posting....