Alibaba (BABA)-backed Ant Group has led a nearly 500 million Chinese renminbi ($73.6 million) Pre-A funding round for home embodied artificial intelligence startup Zeroth, the latter said Thursday.
The financing, which also included Geely Capital, 37 Interactive Entertainment, Hua Capital and existing investor Monolith, brings Zeroth's total funding to about 1 billion renminbi, Zeroth said.
Proceeds will be used to advance core AI and robotics technologies, hire workers and expand internationally, the company said.
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