SimShine raises $8 million for home security cameras that use edge computing

SimShine, a computer vision startup based in Shenzhen, has raised $8 million in pre-Series A funding for SimCam, its line of home security cameras that use edge computing to keep data on-device. The funding was led by Cheetah Mobile, with participation from Skychee, Skyview Fund and Oak Pacific Investment. Earlier this year, SimShine raised $310,095 […]

Snap turns to search giant Baidu to court Chinese advertisers

Two years have passed since Snap Inc first struck a deal with Baidu that authorized China’s largest search engine to be a reseller of Snapchat ads for companies in Greater China as well as Japan and South Korea, where Baidu runs a portfolio of mobile apps. This week, the pair announced they have renewed the […]

The Exit: Getaround’s $300M roadtrip

In August of last year, Getaround scored $300 million from Softbank. Eight months later they handed that same amount to Drivy, a Parisian peer-to-peer car rental service that was Getaround’s ticket to tapping into European markets. Alven Capital’s Jeremy Uzan Both companies shared similar visions for the future of car ownership, they were about the […]

Ambitious new media firm ByteDance is no longer a secret outside of China

 ByteDance is a name that is about to become very familiar to everyone in international tech circles. Really it should already be. It is valued at $20 billion and its flagship Toutiao news reader app is one of China’s fastest growing internet services with 120 million daily users. It is in the process of raising […]