China Deal Monitor: Facial recognition firm Universal Ubiquitous bags $14m and more updates

China Deal Monitor: Facial recognition firm Universal Ubiquitous bags $14m and more updates

Facial recognition technology provider Universal Ubiquitous Technology (UUT) has secured approximately 100 million yuan ($14 million) in a Series B1 round from Weed Ventures, a Beijing-based venture capital firm focused on industrial internet, smart manufacturing and new consumption sectors, according to a company statement. 

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter