Chinese lidar maker Hesai said it has raised $300 million in a funding round led by Hillhouse Capital Group, smartphone maker Xiaomi, on-demand services firm Meituan and CPE, the private equity arm of asset manager Citic. Lidar sensors are key to vehicles’ self-driving functions. The Shanghai-based startup’s fundraising comes as China’s autonomous driving technology companies, such as Baidu,...
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The Weekend Crypto Startups
The Information Weekend: The Queen of Audio Porn; the Temptation of the Sneakerheads; a Heretical Wedding; and Parentverse Takes Your Kid Questions
Hi, welcome to your Weekend!With apologies to next month’s annual Hallmark holiday, the theme of this weekend’s issue is love. Annie writes about a well-connected founder building an audio platform for better self-love. Malique talks to sneakerheads about their love of fresh Nikes and Adidas, and asks whether that love will translate to digital footwear. We recap the epidemic of “...
Sriram Krishnan to Shift to Andreessen Horowitz’s Crypto Team
Google Boosted Lobbying Spending as Antitrust Pressure Rose
Peacock Taps Second Hulu Executive
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