Midea participated in a round for the speech processing technology provider, whose backers also include Tsinghua University's TusPark Ventures.

AISpeech, a China-based voice recognition technology provider backed by TusPark Ventures, has received several hundreds of millions of yuan (RMB100m = $14.5m) in funding from investors including home appliance manufacturer Midea, 36Kr has reported. Midea invested through a corporate venturing subsidiary and was joined in the round by Citic Securities, Zhuhai Dahengqin and Yuanhe Holdings.…

The rest of this content is only accessible to University Venturing: News, Data, and Events - Global University Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.