Alibaba Group’s financial affiliate Ant Financial has led a D round of more than US$200 million in Shenzhen-based motion sensing firm Orbbec. SAIF Partners, Green Pine Capital Partners, R-Z Capital and Tianlangxing Capital also participated in the round, according to local media. Ant Financial has confirmed the investment to China Money Network. Founded in 2013, Orbbec focuses on designing, manufacturing and sales of 3D sensors, which enable functions including facial recognition, gesture recognition, human skeleton recognition, 3D measurement, 3D map …

Ant Financial Leads $200M Series D Round In Chinese Motion Sensing Firm Orbbec appeared first on China Money Network.