China Digest: C Ventures, BAI lead $20m round for RoboticPlus.AI; Innolake raises $46m

China Digest: C Ventures, BAI lead $20m round for RoboticPlus.AI; Innolake raises $46m

RoboticPlus.AI's Steel-made Intelligent Welding Robots. Source: RoboticPlus.AI

Chinese architectural technology firm RoboticPlus.AI has secured $20 million in a Series B round, while newly-founded drugmaker Innolake Biopharm has closed 300 million yuan ($45.8 million) in a pre-Series A round.