Fund Raising

Astron plans to use the new capital to advance its reusable rocket development, targeting a maiden flight in the first half of 2027.

The former head of Tongyi Qwen research is raising hundreds of millions of dollars, with HongShan Capital and Gaorong Capital participating in investment talks.

Kuaishou is planning to spin off its video-generation AI model, Kling AI, seeking to raise $2 billion at a $20 billion valuation, with Tencent in talks to participate in the investment.

The fresh capital will fund the expansion of robot dog production and offline retail networks, while kickstarting the development of new full-size humanoid robots.

DeepSeek is seeking to raise 50 billion yuan ($7.35 billion), which could become the largest AI funding round in China to date.

StepFun is on the verge of completing a new funding round of nearly $2.5 billion as it accelerates its push for a Hong Kong IPO.

Moonshot is poised to close a new $2 billion funding round, pushing its latest valuation past $20 billion.

China's state-backed semiconductor investment fund is seeking to lead DeepSeek's first fundraising round.

Westlake Robotics secured Pre-A+ funding just two months after its previous round.

Sharebot raised hundreds of millions of yuan in Pre-A funding, drawing investors including Charoen Pokphand Group.