EDA startup Leda raises $44M, ramps up chip design localization
The push for domestic alternatives is driven by concerns over supply-chain vulnerability, with EDA tools seen as a potential chokepoint in China’s semiconductor ecosystem.
Year: 2026
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Maniformer closes angel+ funding to scale physical AI data infrastructure
The funding comes as embodied AI developers face a shortage of high-quality training data, inconsistent standards and fragmented datasets.
Nongfu Spring founder-backed lab deepens bet on battery safety startup
The sequence of investment, relocation and follow-on funding points to a deeper consolidation of Qifang within Zhong’s expanding advanced materials portfolio.
Zhejiang launches platform to help short dramas expand overseas
Chinese productions accounted for more than 70% of total revenue, maintaining a dominant position in the global market.
DeepSeek raises record $7.4 billion in first external funding round
Investors receive no voting rights and are subject to a five-year lockup period during which their holdings cannot be transferred.
Alibaba debuts Qwen-Robot suite to power foray into embodied AI
The models can be deployed independently or jointly, forming a unified base for robotic systems operating in real-world environments.
Cainiao denies breakup rumors as logistics titan expands global footprint
Far from scaling back, Cainiao has made international growth a central strategic priority in 2026.
Alipay launches AI-first app redesign with new assistant ‘Ah Bao’
Instead of searching for services manually, users can ask the assistant to perform tasks or surface the relevant service directly.
Leapmotor starts local assembly for C10 model in Malaysia
Leapmotor said the local assembly setup in Gurun will shorten delivery times, reduce supply chain costs, and improve competitiveness while better aligning the model with local demand.
Former Qwen chief Lin Junyang raises funds at $2 billion valuation
The startup’s focus is not on predicting the next word but on predicting what happens next in the physical world.