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|| Chinese private equity firm invested $5 million in drone data firm Clobotics

ggv-capChina private equity firm GGV Capital has invested $5 million in drone data and computer vision start-up Clobotics.

Clobotics provides drone platform, service integration, and cloud-based industrial data analytics services. It will use the funds to expand its engineering team with a new research center in Seattle area, WA which opened this month. It already has 35 employees, including five at the research operation in Redmond, Washington. (With $3.8 billion under management across eight funds, GGV Capital has been partnering with technology entrepreneurs in the US and China for more than 17 years. It has offices in Beijing, Shanghai and Silicon Valley, with Jenny Lee as Managing Partner).

GGV Capital is listed in the Chinese Private Equity and Venture Capital Directory with the code SE49.

More details follows:

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