China Digest: ForwardX Robotics bags $38m; Sequoia leads $23m funding in Jianhai Tech

China Digest: ForwardX Robotics bags $38m; Sequoia leads $23m funding in Jianhai Tech

Robots work on the welding line at a Beijing Hyundai Motor Co. plant in Beijing, China, on Friday, March 15, 2013. Photographer: Tomohiro Ohsumi/Bloomberg

ForwardX Robotics has garnered more than 250 million yuan ($38 million) in a Pre-C round, while Hangzhou Jianhai Technology has bagged 150 million yuan ($23 million) in a Series B round led by Sequoia Capital China.

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