Qualcomm Incorporated announced through its venture capital division Qualcomm Ventures that it has invested in three Chinese companies, including equipment connection solution service provider Redtea Mobile, in-vehicle safe driving assistance system provider Tensortec, and cloud gaming company Dalongyun Technology.
AI smart driving startup Tensortec has recently completed tens of millions of yuan in Series A financing round. This round was led by Qualcomm Ventures, with participation from Founder H Fund, Fenghou Capital and Dingqing Investment Management.
GT Network, a developer of computer vision technology and product has completed a Pre A financing round of tens of millions of yuan. Investors included Acorn Partners, Harmontronics, Sequoia Capital China, and Qualcomm Ventures.