Chinese artificial intelligence firm SenseTime announced today that ACE Robotics, a startup specializing in embodied robotics, has successfully completed an angel funding round. The financing, which raised an undisclosed amount, was led by Ant Group and included participation from notable investors such as Qiming Venture Partners, GVC, Hony Capital, Lenovo Capital, and Lotus Capital from Shanghai Jiao Tong University. Existing investor Sense Capital also increased its stake in the company. This funding will support ACE Robotics in advancing its technology and expanding its market presence.
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