Laiye, China's answer to UiPath, eyes unicorn status by end-2021, plans global foray

Laiye, China's answer to UiPath, eyes unicorn status by end-2021, plans global foray

(From left to right) Laiye Technology's founding team: CTO Hu Yichuan; president & co-CEO Li Wei; chairman & CEO Arvid Wang Guanchun; and chief product officer (CPO) Chu Rui

Laiye, a Sequoia Capital China-backed startup that offers AI-powered intelligent automation solutions, is going global with a focus on Southeast Asia, as the firm targets reaching a unicorn valuation as early as the end of 2021.