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Earlier this month, Meituan was among 34 tech firms that were urged to correct anti-competition practices.

The firm aims to benefit from China’s USD 30.4 billion smart agriculture market.

The malpractices were a result of online education firms trying to outperform rivals in a competitive sector.

The firm recently surpassed USD 1 billion in assets under management.

With the latest funds, Tamara plans to fuel its expansion and launch in new GCC markets by the end of the year.

The company said it will use the injection of new funds to fuel its aggressive growth plans for 2021 and beyond.

Austrianova uses proprietary technology to encapsulate cells and bacteria for use in the medical space.

The institute aims to achieve breakthroughs in technologies that enable China to be self-reliant in microchips.