DealShot, Mobility

DealShot: GGV Joins $40M Round In US Bike Sharing Firm LimeBike

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Limebike's co-founders show off their green shared bikes

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

Here you can find out where Chinese investors have been investing their money in at around 5pm each workday.

CompanyRoundAmountLead InvestorParticipantsCompany Intro   
Vingoo JuiceSeries BUS$60 millionLegend Capital, Joy CapitalYunqi PartnersVingoo Juice is a Shanghai-based star-up developing vending machines that produce fresh orange juice. Its machines can squeeze oranges, and providing customers a cup of fresh juice. The company currently operates in 176 cities across China, and serves over four millions of cups of orange juice every month.
MomentaSeries B+undisclosedCathay Capital Private EquityGGV CapitalMomenta is a Chinese autonomous driving tech start-up which was founded by Cao Xudong, a former scientist at Microsoft Research and formerly executive director of research and development at Chinese face recognition start-up SenseTime. It focuses on developing high resolution digital maps, driving decision solutions and machine vision technology for autonomous driving, enabling vehicles to detect traffic signs, recognize pedestrians and track other cars on the road.
Huajuan MallSeries BUS$40 millionSinovation VenturesEvolution Media China, Ventech China, Vertex Ventures, Zhiping CapitalHuajuan Mall is a Chinese short video and e-commerce platform. It provides beauty and makeup short videos to attract viewers to buy its own products, such as cosmetics and healthcare products. The company claim its daily active users reached 150,000.
AICRoboSeries ATens of millions of RMBPanlin CapitalShenzhen-based AICRobo is an artificial intelligence start-up, providing solutions like robot operating system, AI technology and robot design. It has customers in the fields of logistics, industrial automation and customer service.
UrfreshSeries B+US$15 millionHaier CapitalCapital Today, Fengshion Capital PartnersUrfresh is a Chinese fresh produce e-commerce company. It allows users to order fresh produce and receive the items in an hour.
LimeBikeSeries BUS$50 millionCoatue ManagementGGV Capital, Franklin Templeton Investments, Section 32, AME Cloud, Start-X, Andreessen Horowitz, DCM VenturesLimeBike is a U.S.-based bike sharing start-up founded by two Chinese entrepreneurs. The company currently has deployed over 10,000 bikes in 20 cities in the U.S. and has 300,000 registered users.


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