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IDG Capital

AI start-up HeyGen raises US$60 million after pivoting away from mainland China investors

by Anas Siddiqui
AI start-up HeyGen raises US million after pivoting away from mainland China investors

Generative artificial intelligence (AI) start-up HeyGen has raised US$60 million in its series A funding round, months after dissolving its mainland Chinese operation amid heightened tensions between Washington and Beijing. …

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Shein’s London IPO plan in regulatory limbo as investors grow jittery, sources say

by Walter Watson
Shein’s London IPO plan in regulatory limbo as investors grow jittery, sources say

The concerns of shareholders adds to the challenges Shein has faced while searching for a place to host its public debut. More troublesome for the online retailer is the regulatory …

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Chinese self-driving car supplier Hesai sues US for accusing it of military ties

by Anas Siddiqui
Chinese self-driving car supplier Hesai sues US for accusing it of military ties

Hesai Technology, a developer of sensor technologies used in self-driving cars, is suing the US Department of Defence for including it on a list of companies accused of aiding China’s …

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