MissFresh, a Chinese online grocery startup backed by Tencent, has completed its latest funding round raising $495 million, Bloomberg reported. China International Capital Corp. led the investment round, which also included the asset management arm of Goldman Sachs, Tiger Global and other investors, according to Bloomberg. Even though the coronavirus pandemic has created challenges for China’s...
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Character Seeks $250 Million in New Funding Amid AI Boom
Character, an AI chatbot startup founded by two former Google researchers, has told investors it wants to raise as much as $250 million in new funding, according to two people with direct knowledge of the matter. The pitch will test investors’ appetite for machine-learning startups as Microsoft’s multibillion-dollar deal with OpenAI casts a halo over the sector. A funding round of...
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