China Deal Monitor: Orca-Tech nabs new funding and more updates

Orca-Tech, a provider of aquatic self-driving technology,  has garnered more than $1 million in a Series A round of funding led by Turing AI Institute of Nanjing’s investment arm TuringVentures.

The round also saw the participation of new investors Institute for Interdisciplinary Information Core Technology (Xi’an) and Shenzhen Xiaoxi Holdings. Its existing backers Brizan Ventures, Plug and Play China and X Technology Fund also joined the round, according to a company statement.

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