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Startups

Chinese startup Laiye nears unicorn status with $160m fundraising

Intelligent automated products maker says capital earmarked for global expansion

Laiye says it counts Porsche, LVMH, AstraZeneca, Johnson & Johnson Medical and Roche Pharmaceuticals among its global clients (Photo by Yuki Kohara)    © Laiye

HONG KONG -- Chinese intelligent automated products manufacturer Laiye said Tuesday it has secured $70 million in a fundraising round that brought its total series C funding to $160 million and moved the company "very close" to unicorn status. 

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