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Insigma Technology: Participating in investments in AI sector Fund.

Breakings ·  May 6 18:09

Insigma Technology (600797.SH) announced that the company, as a limited partner, has committed to an investment amount of 33 million yuan to participate in the Hangzhou Siasun Robot&Automation Venture Capital Partnership (limited partnership). The Fund aims to raise a total scale of 100 million yuan, focusing on investments in AI, Siasun Robot&Automation, embodied intelligence, and other fields. The partnership has a duration of 6 years, with 2 years as the investment period and the following 4 years as the exit period. Through this Fund, Insigma Technology aims to integrate resources from Zhejiang University alumni to support the development of enterprises in the field of AI embodied intelligence.

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