
SenseTime-backed robotics startup ACE Robotics closes angel round led by Ant Group

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China-based AI company SenseTime announced that its robotics startup ACE Robotics has completed an angel funding round led by Ant Group, with participation from Qiming Venture Partners, GVC, Hony Capital, Lenovo Capital, and Lotus Capital. Existing investor Sense Capital also increased its stake. ACE Robotics, founded by SenseTime co-founder Wang Xiaogang, aims to use the funds for model development and commercial deployments in various sectors, including energy and transport.
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