China: SenseTime closes $410m series B; Lianshang raises $30m pre-series C

China: SenseTime closes $410m series B; Lianshang raises $30m pre-series C

The latest in the deals landscape in the tech space in China has seen local artificial intelligence (AI) firm SenseTime closes $410 million series B round, the largest ever round globally in the AI space. In another unrelated deal, Fabric e-commerce site Lianshang secures $30 million pre-series C round.

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