CDIB Capital, IDG Capital, Credit Suisse and Temasek Invest US$100 Million in Rokid (Asia)

Source(s): CDIB Capital, Asian Venture Capital Journal | Authors(s): Justin Niessner

China-based software developer Rokid has raised a US$100 million funding round led by Singaporean sovereign wealth fund Temasek with participation from CDIB Capital, the private equity arm of China Development Financial, global venture capital firm IDG Capital and global financial services company Credit Suisse. Rokid develops advanced voice recognition software, artificial intelligence technology and smart home devices.