<article>Lenovo Capital has led a pre-series A round in Tianjin YangTian Technology while Haiyun Data raises series B round to develop AI and big data technology in China.</article>

Lenovo Capital has led a pre-series A round in Tianjin YangTian Technology while Haiyun Data raises series B round to develop AI and big data technology in China.
<h3>Lenovo Capital backs Chinese robotic arm developer</h3>
Tianjin YangTian Technology Co, a Chinese industrial robotic arm developer, has raised RMB50 million ($7 million) in pre-series A round led by <a href="https://www.dealstreetasia.com/?s=Lenovo+Capital+">Lenovo Capital</a> and the Incubator Group.
<a href="https://www.dealstreetasia.com/?s=GSR+Ventures+">GSR Ventures </a>and Yinxinggu Capital also joined the round, according to China Money Network’s report citing the company’s announcement.
The startup develops and manufactures the light-weighted robotic arms to improve production efficiency and reduce the cost for manufacturers. The robotic arms can be used for various purposes such as handling, assembling, coating and monitoring.
The company has commenced the full operation since the beginning of this year with more than 400 orders from industrial clients.
&#8220;The smart Internet era has arrived with more robots expected to replace humans in the future. One of the most important areas where this revolution will take place is the light collaborative robotic arm sector,&#8221; said He Zhiqiang, vice president of Lenovo Group Ltd. and chairman of Lenovo Capital. &#8220;The collaborative robots can greatly improve efficiency and reduce cost for manufacturers.&#8221;
It added the latest funding would help it expand its marketing channel and set up a production base.
<h3 style="text-align: justify;">Haiyun Data raises $14m series B</h3>
<a href="https://www.dealstreetasia.com/?s=Haiyun+Data">Haiyun Data</a>, a Chinese big data operator, has mobilised an RMB100-million ($14 million) series B round to accelerate the integration of AI with data visualisation technology in China.
<a href="https://www.dealstreetasia.com/?s=IDG+Capital+">IDG Capital </a>and Jingsheng Jiacheng Investment have led the latest round with participation from <a href="https://www.dealstreetasia.com/?s=Oriental+Fortune+Capital+">Oriental Fortune Capital</a> and <a href="https://www.dealstreetasia.com/?s=Shanggu+Capital">Shanggu Capital</a>.
 &#8220;Visualization can be divided into four stages, which are number visualization, data visualization, visualization analysis and AI analysis,&#8221; said Feng Yicun, founder of Haiyun. &#8220;The combination of visualization analysis with AI will definitely bring great value to society and businesses.&#8221;
Last year, the startup received RMB100 million ($14 million) from Jingsheng360, a Chinese consultancy service firm.
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Lenovo Capital has led pre-series A round in Tianjin YangTian Technology. Haiyun Data raises series B round to develop AI and big data technology in China.

China Digest: Lenovo Capital backs robotic arm developer; Haiyun Data raises $14m

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China Digest: Lenovo Capital backs robotic arm developer; Haiyun Data raises $14m

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