China VC Weekly: Robots, Insurtech and Crypto
Last week’s China VC news: Shenzhen-based robotic automation startup Youibot raised 100 million yuan, crypto services provided Babel Finance bagged a $40 million Series A and insurtech firm Yuanbao capitalized on competitor Waterdrop’s IPO by raising a 1 billion yuan Series C round.
Robotics startup Youibot bags 100 million yuan for R&D
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