Chinese startup Laiye nears unicorn status with $160m fundraising

Intelligent automated products maker says capital earmarked for global expansion

CISSY ZHOU, Nikkei staff writer

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.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.