IDG Capital has joined a $200 million funding round in Chinese self-driving firm Momenta.ai. Founded in 2016, Momenta is using a data-driven approach, with its algorithm able to turn sensory information about a vehicle and its surroundings into actionable information in real time. The first production car built with Momenta’s assisted-driving system, SAIC’s electric Zhiji L7 sedan, will start mass delivery as soon as next year.

Coinbase, a San Francisco-based cryptocurrency exchange, is acquiring Agara, an AI-powered support platform with operations in India and the US. Coinbase plans to leverage Agara’s powerful Deep Learning and Conversational AI technology to automate and enhance the customer experience (CX) tools. Additionally, the Agara team brings deep expertise in ML and NLP to Coinbase and will augment Coinbase’s existing product, engineering, and data teams. IDG Capital was an angel investor in Coinbase in 2013.