Agriculture and Technology

Agricultural drone maker XAG raises US$182 million in funding round led by Baidu, SoftBank

Agricultural drone maker XAG raises US$182 million in funding round led by Baidu, SoftBank

Agricultural drone maker XAG raised 1.2 billion yuan (US$181.6 million), the company announced on Monday, marking the largest funding round to date in China’s agricultural technology industry. Baidu Capital and SoftBank Vision Fund II led the investment round.

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