New Founding Launches Venture Capital Fund
New Founding Launches Venture Capital Fund

New Founding Launches Venture Capital Fund

News summary

New Founding, a venture capital firm founded on conservative values, is aiming to reshape society by investing in 'aligned companies' that reject progressive ideologies, having raised $3 million so far. In the robotics sector, Agibot, a Shanghai-based startup led by former Huawei employee Peng Zhihui, has launched mass production of humanoid robots, manufacturing 962 units for commercial use, signaling a significant advancement in AI technology. The robotics industry is experiencing rapid growth in China, bolstered by government support and initiatives aimed at expanding the sector. This aligns with broader observations that robotics is reaching a breakthrough point, with automated solutions becoming increasingly prevalent across various industries. Additionally, several tech startups, including Hamming.ai and Slip Robotics, have successfully secured substantial VC funding to innovate in areas like AI voice agents and automated supply chain solutions. Collectively, these developments highlight a dynamic shift in both investment strategies and technological advancements across the tech landscape.

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