Horizons Ventures leads $18m financing in Alibaba-backed AI firm Kneron

Hong Kong-based venture capital firm Horizons Ventures took the lead in an $18-million series A1 financing round in artificial intelligence (AI) services startup Kneron, which has so far raised a total of more than $33 million in funding.

Established in 2015 by Albert Liu, a graduate from the Taiwan National Cheng Kung University, Kneron designs and develops integrated software and hardware AI solutions for smart home, smart surveillance, smartphones, robots, drones, and IoT devices.

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