DealShot: CICC, NEA Join New Funding Round In Chinese IoT Solutions Provider Tuya

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Tuya's smart light bulb

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   
QfeelTechSeries BTens of millions of U.S. dollarsTus-S&T Service Group, China Fortune-Tech Capital Co., LtdWI Harper Group, SAIF Partners, Flyfot Ventures, TusStarQfeelTech is a _x0008_Beijing-based artificial intelligence company focusing on machine vision. It provides machine vision solutions for robots, augmented reality, industrial automation, smart home appliance, autonomous driving, and security and surveillance.
Parallel EducationSeries AUS$12 millionInnovation WorksTiantu Capital, Greenwoods InvestmentParallel Education is a primary and secondary school education company.
Tuya Inc.Series BHundreds of millions of RMBChina International Capital Co., Ltd., Oriental Fortune Capital, New Enterprise Associates, Quadrille CapitalTuya Inc. is a Hangzhou-based Internet of Things solutions provider. It offers smart home appliance like light bulk, camera and air conditioner, which can be controlled via its cloud platform.
Zing HomeStrategic financingUS$15 millionNational Small and Medium-size Enterprises Development Fund (Shenzhen Guozhong Venture Capital Management Co., Ltd)Galaxy Holdings, Leaguer Financial, CICC DingxinZingHome is a Shenzhen-based household products and furniture retail brand. Its currently operates in 46 cities across China with over 160 offline stores.
HsmapPre-AUS$4.5 millionHG CapitalShulan Health, Hangzhou Wangmei InvestmentsHsmap is a Hangzhou-based healthcare big data platform. It gathers enterprises data, regulation data, innovation data, media data, healthcare data and market data to help the government to better manage a city's healthcare industry development.
SoundAISeries AUS$15 millionBaidu, Aplus Capital, Frees Fund, Linekong Interactive Group, Bank of BeijingSoundAI is a Chinese artificial intelligence interaction and acoustic technology company. It develops sonic technology that focus on acoustics, including ultrasonic recognition, directional speakers, acoustic communication, three-dimensional sound, wireless audio, conference systems to support artificial intelligence technology application. Its technology can be applied in chips, modules, OS and cloud services.
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