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.
AISpeech produces natural language processing technology that allows connected devices to process, understand and interact with speech.
Proceeds from the round, described…

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Thierry Heles

Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).
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