Nov 16 – Chinaccelerator Daily Digest: Five Headlines you need to know 


1. Goldman Sachs, CMC lead $150m funding in China’s Cyclone Robotics, a developer of robotic process automation (RPA) software. DealStreetAsia

2. Construction robot R&D company Weijian Technology completes financing totalling $16 million. It is the only Chinese company in the industry that uses intelligent robots to complete the plastering at construction sites. Pandaily

3. Thinking Data, a domestic big data analysis service provider for the game industry secures $59 million round led by Sequoia China. Pandaily

4. InnoVen Capital, a venture debt fund based in Asia, has rolled out a China-focused fund called InnoVen China Fund, raises $50m in first close. Tech in Asia

5. Xiaomi announces Redmi Note 11T 5G for India’s mid-segment, competing with Realme and Samsung in this segment. Mint

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