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Tag: Foxconn

SoftBank invests in robotics startup that serves Foxconn

SoftBank is leading a 220 million dollars round into Agile Robots, a startup based in Munich and Beijing. Specifically, as reported by The Information and its sources, its systems will be deployed by Fixconn, the iPhones manufacturer, in order to help smartphones development. Agile Robotics is expected to worth around 1 billion dollars.This comes in […]

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Funding $5,8M for Lemonade Lab

The amount of 5,8 million dollars was invested in Lemonade Lab, a fitness wearable developer from FIH Mobile, a Foxconn subsidiary. The Boston and Tokyo-based startup will also form a strategic partnership with FIH Mobile, which provides manufacturing services for mobile device makers. It must be noted that Lemonade Lab till today has raised a total of $10,3 million […]

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Funding $500M for Snapdeal

The amount of 500 million dollars in funding was invested in Snapdeal, one of India’s biggest e-commerce companies, from Alibaba, Foxconn and SoftBank. The new investment will allow Snapdeal to manage more efficiently its battle with Flipkart and Amazon India for the biggest market share of India’s $6,3 billion e-commerce market!

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