Sequoia China-backed Laiye confirms plans of raising fresh capital at unicorn valuation

Sequoia China-backed Laiye confirms plans of raising fresh capital at unicorn valuation

Photo by UX Indonesia on Unsplash

Laiye, a Chinese developer of intelligent automation solutions, is planning to raise $100-150 million in a new funding round early next year that could bring its valuation to over $1 billion, the company confirmed to DealStreetAsia.