The financing news reported by the Venture Capital Channel, as well as early start-up projects in various fields we are focusing on.

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Please check the Venture Capital Daily on May 20. The Venture Capital Daily contains the financing news reported by the Venture Capital Channel today, as well as early startup projects in various fields that we are focusing on, enjoy ～

Technology

Project report:

  • Reduce truck insurance claims rate, IoT company G7 launches upgraded version of security housekeeper system

    Recently, the Internet of Things service provider G7 officially held the Security Technology Day with the theme “This is not a number” in Beijing. At the meeting, G7 also officially released the security system “G7 Security Manager 2.0”-G7 Security Manager 2.0 mainly uses the combination of Internet of Things, big data and artificial intelligence technology to predict the security risks of different truck drivers and fleets, providing targeted security Management services.

    G7 was established in 2010. It is a smart IoT company that provides integrated management and service solutions to logistics companies and fleets based on the IoT technology platform, covering the entire process of fleet operations such as security, insurance, settlement, and smart equipment. G7 establishes industrial interconnection through the “AI + IA” (Artificial Intelligence + Intelligent Assets) strategy to improve industry efficiency. Its last round of financing was completed in October 2018, and it received $ 320 million in financing. It was led by Hopu Investment. Broadband Capital, Zhihui Fund, Chenshan Capital, Total Ventures and Thai Venture Capital participated in a joint investment … ( For more, click here )

    • Development of intelligent visual sensor SoC based on brain-like computing, “SynSense” enters smart home market

      Brain-like computing is an emerging computing method, because it can greatly improve real-time data processing, machine online learning capabilities, and achieve smaller energy consumption and volume. It is considered to be able to lead artificial intelligence and computer miniaturization. One stage. Intel, IBM, Qualcomm and other giants have invested a lot of research and development in recent years.

      Recently, an industry has entered into the special field, developing intelligent visual communication based on brain-like computingSensor SoC, and the company that will develop the module to customers in June 2020-SynSense. The company was established in 2017 in Switzerland, backed by the famous research institutes Zurich University and Zurich Federal Institute of Neuroinformatics, with brain-like technology as the main line, focusing on edge computing, developing ultra-low power, low-cost edge computing processors and intelligence Sensors provide complete solutions including IP authorization, hardware design, software configuration, algorithm development, etc. for smart homes, robots, intelligent security, autonomous driving, drones, etc. ( click here for more information )

      Project financing:

      • “MicroGen Biotech” received $ 3.8 million in Series A financing to improve global soil health and food safety

        According to foreign media It is reported that recently, the biotech startup “ MicroGen Biotech ” has received US $ 3.8 million in Series A financing, led by Fulcrum Global Capital Investment, The Yield Lab Europe participated in the investment. In addition, Bill Buckner, former CEO of Bayer CropScience USA, joined the advisory board of “MicroGen Biotech”.

        Crops will absorb heavy metal residues in the soil and concentrate them in our food, which will then continue to accumulate in the human body. Ingestion of heavy metals can cause poisoning, as well as carcinogenic effects, especially on the health of babies. It is understood that up to 95% of baby foods contain toxic heavy metals.

        In 2012, Dr. Xuemei Germaine, a molecular biologist, established “MicroGen Biotech” at the Carlow Institute of Technology in Ireland. It is a solution provider that aims to reduce heavy metal content in food and improve soilHealth status, increasing crop yields, and cleaning contaminated soil at agricultural sites … ( Click here for more information )

        • The self-driving company Waymo received another $ 750 million in financing and has resumed road tests interrupted by the epidemic

          Eagle Eye Investment Research data research shows that this week, large global transactions totaled 4.007 billion US dollars, the transaction amount decreased by 35.62%, and the inflow of large transaction size fluctuated greatly. Large transactions during the cycle focused on areas such as transportation and smart hardware. Google parent Alphabet ’s self-driving car and truck subsidiary Waymo announced that it has raised an additional US $ 750 million in funding. Previously, Waymo announced that it had obtained funds including Silver Lake Capital, Alphabet and With $ 2.25 billion in financing including Magna International Inc., Waymo increased its first round of external financing to $ 3 billion in 73 days. This new round of funding will be used by Waymo to invest in its workforce, the development and operation of the fifth-generation sensor system and the Waymo One ride-hailing service, and to build Waymo cargo transportation services.

          While obtaining financing, Waymo also resumed autonomous driving tests in the Phoenix metropolitan area interrupted by the epidemic. However, the tests that have just been resumed are still subject to various restrictions. In addition to basic requirements such as basic anti-virus and mask wearing, Waymo needs to conduct training on various new safety standards and working methods, and conduct new coronary pneumonia tests for employees. Currently only partially conditionally resuming road tests, Waymo hopes to gradually resume testing in other cities, including San Francisco, Detroit and Los Angeles … ( Click here for more )

          e-commerce

          Project report:

          • “Qiaoital Qupital” and “Lianlian International” jointly launched a new product “bridge easy loan” to provide offshore dollar financing services