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SAIC Capital Invests In Chinese Intelligent Driving System Provider CalmCar

CalmCar, an intelligent driving system supplier, announces today that it has raised around RMB100 million (US$14.1 million) in a Series…

Doris Yu

DealShot: 11 Deals Exceeding $317 Million Including SIG, Green Pine, Linear Venture Among Others

China Money Network's DealShot provides detailed information on venture capital and private equity deals in China on a daily basis.…

Katherine Guo

Ping An Global Voyager Fund Invests In Medical Imaging AI Startup Riverain Technologies

Ping An Global Voyager Fund, the venture investment arm of Ping An Insurance (Group) Company of China, Ltd., has led…

Doris Yu

Chinese Early Education Startup Learnroom Raises US$14M

Learnroom, a Beijing-based early education services provider, announced on Tuesday that it has secured nearly RMB100 million (US$14.1 million) in…

Doris Yu

Chinese Self-Driving Truck Start-Up TuSimple Completes $215M Series D Round

TuSimple, an autonomous driving truck developer and solutions provider, has secured US$120 million in an extended series D round which…

Sophy Yang

Chinese Online Insurance Consultancy Platform Gets US$28 Million In Series B Round

Duobaoyu Insurance, a Hangzhou-based online insurance consultancy platform announced on Tuesday that it has secured RMB200 million (US$28 million) in…

Doris Yu

DealShot: 12 Deals Passing $217 Million With Shunwei, Yunfeng Capital, CDH Investments And Others

China Money Network's DealShot provides detailed information on venture capital and private equity deals in China on a daily basis.…

Katherine Guo

Chinese Self-Driving Firm AutoX Raises $100M In Series A Round

AutoX, a Hong Kong-based autonomous driving start-up, announced on Monday that it has raised US$100 million in a series A…

Sophy Yang

DealShot: Chinese Local Government Leads $70M Round In AI Robot Maker Evolver

China Money Network's DealShot provides detailed information on venture capital and private equity deals in China on a daily basis.…

Katherine Guo

Chinese Satellite Developer Galaxy Space Completes New Financing Round

Beijing-based private satellite developer Galaxy Space has raised a new round of financing led by JIC Technology Investment, a member…

Sophy Yang

China VC/Tech Weekly Roundup: Byton Eyes $500M Series C Round, Sky9 Capital Closes Two Funds At $440M

In this episode of China Money Podcast, listen to all the news headlines in the China venture and tech sector…

Eudora Wang

Chinese State-Owned SDIC Leads $19M Round In Pure Laser Projection Display Start-Up

Casiris Technology, a Chinese start-up that develops pure laser projection display devices, has secured RMB135 million (US$19.06 million) in a…

Eudora Wang

Chinese Start-Up Stroke Medical Raises $14M Series B Round For Stroke Treatment

Chinese medical devices developer Stroke Medical announced this week that it has raised nearly RMB100 million (US$14.12 million) in a…

Eudora Wang

Asia-Focused PE Firm PAG To Buy $300M Convertible Notes From China’s LexinFintech

LexinFintech, a fintech platform for educated young adults in China, announced on Wednesday that it has entered into an agreement…

Eudora Wang

DealShot: 6 Deals Breaking $606 Million Counting Sequoia, DST, FAW Group And More

China Money Network's DealShot provides detailed information on venture capital and private equity deals in China on a daily basis.…

Katherine Guo

S&P Global Invests In Chinese Alternative Data Product Platform BigOne Lab

Chinese alternative data product platform BigOne Lab has raised a strategic investment worth millions of U.S. dollars led by S&P…

Sophy Yang

Chinese Bitcoin Tycoon-Backed GXChain Halted Amidst Police Crackdown

The Chinese authority has clamped down another domestic cryptocurrency project, shutting down the office of the popular and once well-funded…

Eudora Wang

Tencent, Sequoia Lead $100M Round In Smart Fabric To Disrupt Traditional Textile Sector

Tencent and Sequoia Capital China have jointly led a US$100 million series C round of financing in Smart Fabric, a…

Eudora Wang

Chinese Industrial MRO Supplies E-Commerce Start-Up Gets $42M In Series C1 Round

Ruigushop.com, a Chinese e-commerce platform for industrial maintenance, repair and operations (MRO) products, announced on Wednesday that it has raised…

Eudora Wang

Sequoia-Backed P2P Lender Houbank Collapses As Beijing Mops Up Online Finance Risks

Houbank, a Chinese online peer-to-peer (P2P) lending platform that counts Sequoia Capital China as a major shareholder, has been put…

Eudora Wang

DealShot: 9 Deals Reaching $388 Million Involving Eastern Bell, Matrix, Tencent Among Others

China Money Network's DealShot provides detailed information on venture capital and private equity deals in China on a daily basis.…

Katherine Guo

Chinese Used Goods Trading Platform Zhuanzhuan To Raise $300M Series B Round

Zhuanzhuan, a second-hand goods trading platform controlled by New York-listed online classifieds marketplace 58.com, is raising US$300 million in a…

Sophy Yang

Chinese EV Start-Up Byton To Close $500M In Series C Round Against Headwinds

Chinese all-electric vehicle brand Byton is raising a series C round of financing at US$500 million from Chinese state-owned automotive…

Eudora Wang

DealShot: 15 Deals Worth $610 Million Including Qiming, Frees Fund, Boyu Capital And Many More

China Money Network's DealShot provides detailed information on venture capital and private equity deals in China on a daily basis.…

Katherine Guo

Chinese O2O Community E-Commerce Platform Huimin Nets $224M

Huimin, a Beijing-based online to offline (O2O) community e-commerce platform, has secured RMB1.6 billion (US$224.88 million) in a new funding…

Eudora Wang

Baidu Injects $202M Into Chinese Tech-Focused Neusoft For Industry Intelligent Upgrade

Baidu is making a strategic investment of RMB1.443 billion (US$202.81 million) in Neusoft Holdings, a Chinese investment company that primarily…

Eudora Wang

China’s Qiming Venture Partners Leads $37M In AI-Enabled Drug Discovery Start-Up

Insilico Medicine, a Hong Kong-based start-up specialized in next-generation artificial intelligence (AI) technology for drug discovery, has raised US$37 million…

Sophy Yang

Chinese Early-Stage VC Firm Sky9 Capital Raises Two Funds At $440M

Sky9 Capital, an early-stage venture capital firm specialized in internet, enterprise services and deep technology investments in China, announced on…

Eudora Wang

DealShot: 15 Deals Exceeding $188 Million With Legend Star, Cowin Capital, BlueRun And Others

China Money Network's DealShot provides detailed information on venture capital and private equity deals in China on a daily basis.…

Katherine Guo

ByteDance Completes Acquisition Of Chinese Wikipedia-Like Site Baike.com

ByteDance, the Beijing-based company behind the popular short-video app TikTok, has acquired Chinese Wikipedia-like website Baike.com to step up its…

Sophy Yang

Geely Sets Up JV With German Air Taxis Start-Up After Leading Its $55M Series C1 Round

Chinese automotive company Zhejiang Geely Holding Group has led the first closing of a series C round of financing worth…

Eudora Wang