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Industry

Chinese Medical Technology Firm Huayin Health Secures $85M In Series C Round

Huayin Health, a Guangzhou-based medical technology firm, has completed a Series C round financing of RMB600 million (US$85 million) led…

Sequoia Invests In Chinese Used Auto Parts Trading Platform Youdi

Youdi, a Chinese second-hand auto parts trading platform, recently announced that it has received tens of millions of RMB in…

Hillhouse Leads $1B New Round In Chinese Online Education Unicorn Yuanfudao

Chinese leading online education company Yuanfudao announced that it has recently completed a US$1 billion new round of financing, led…

Temasek Leads $70M Series C Round In Chinese Biotech Firm Abbisko

Abbisko Therapeutics, a Chinese oncology focused biopharmaceutical company, recently announced the completion of a US$70 million Series C financing, led…

Hillhouse Leads $60M Series B Funding Round In Chinese IASO Biotherapeutics

IASO Biotherapeutics recently announced the completion of US$60 million in series B financing led by GL Ventures, a venture capital…

Vision Plus Capital Leads $12M Series A Round In Food Delivery Platform Fantuan

Fantuan Delivery, a copy-from-china food delivery platform in Canada, has completed a US$12 million Series A round of financing, led…

Chinese AI Medical Imaging Firm Yizhun Intelligent Completes $14M Series B Round

Chinese AI medical imaging company Yizhun Intelligent has recently completed a Series B round financing of nearly RMB100 million (US$14.14…

Chinese Biotech Firm Harbour BioMed Raises $75 Million In Series B+ Round

Shanghai-based biopharmaceutical company Harbour BioMed today announced successful completion of a Series B+ round financing of US$75 million. New investors…

Cathay Capital Leads Round In Coal Mine Driverless Transportation Startup ViPioneers

ViPioneers, a driverless transportation system startup focused on the coal mine and mining sector in China, has announced the completion…

IDG Capital Leads $50M Round In Restaurant Supply Chain Startup Guoquan

Chinese restaurant food supply Chain startup Guoquan announced the completion of US$50 million series B financing. This round of financing…

New Survey Shows Confidence In Hong Kong Solid Amidst Coronavirus

While over nine in 10 members (92%) of the international business community in Hong Kong feel the novel coronavirus (Covid-19)…

As Instant Noodle Firms Suffer, New Breed Of Convenient Food Startups Secure Funding

Even as traditional instant noodle companies like Master Kang (HKG: 0322) struggle as sales plummetted after the rise of online…

Education Company Whales English Raises RMB100M From Sino-Ocean Capital

In the cold winter of the Chinese venture capital market under the impact of the 2019 nCoV epidemic, the online…

Nine Trends To Watch In China’s Senior Care Industry

The year 2020 has begun in an unexpected way. The rapid spread of the new coronary pneumonia (NCP), which originated…

Coronavirus Outbreak Pushes 200 Million In China To Video Conferencing

Nearly 200 million people across China began remote work via cloud office software this week, pushing companies including Alibaba, Huawei,…

Chinese Self-Driving Startup AutoX Scores Pre-B Round

AutoX, a self-driving start-up, announced that it had completed a Pre-B round of financing worth tens of millions of U.S.…

Chinese Color Contact Lens Startup 4iNLOOK Secures New Round

Chinese color contact Lens brand 4iNLOOK recently announced that it has completed two rounds of financing in the past year.…

Chinese Point-Of-Care Testing Startup Tisenc Secures New Round

Shenzhen Tisenc Medical Equipment Co. , Ltd., a Chinese point-of-care testing platform, announced the completion of a series B round…

China’s First 5G High Speed Rail Line To Be Rolled Out

China's first 5G high-speed rail line to cover the Spring Festival travel season, according to CCTV. The Guangzhou–Shenzhen–Hong Kong Express…

Shanghai Bioprofile Secures Pre-A Funding Round

Proteome, metabonomics technology service provider Shanghai Bioprofile announced the completion of a ten million RMB pre-A round of financing, funded…

Chinese Startup Smart Hotel Raises RMB258M

Chinese intelligent hotel startup Smart Hotel announced that it has received 258 million yuan in series A+ round of financing.…

Chinese Biotech Firm Transcenta Raises $100M Round

Transcenta Holding, a Chinese biopharmaceutical company with the capabilities of drug discovery, process development, clinical development and process integration, announced…

Chinese LiDAR Maker Hesai Technology Secures $173M Round

Hesai technology, a leading Chinese lidar manufacturer, has announced the completion of a series C financing round co-led by the…

Qiming Venture Co-Leads Series A Round In Sunny Dental

Dental clinic Sunny Dental has raised a series A fiancing round worth tens of millions of RMB led by Qiming…

New Energy Logistics Vehicle Rental Firm DST Raises New Funding

Chinese new energy logistics vehicle rental firm DST has completed a C1 financing worth tens of millions of U.S. dollars.…

Online Tutoring Unit Of VIPKID Secures $80M Round

A unit of Chinese education company VIPKID has raised US$80 million financing from Tencent, Sequoia Capital China and other Chinese…

Cancer Precision Diagnosis Firm 3D Medicines Raises RMB280M

A Chinese cancer precision diagnostics firm 3D Medicines recently completed a 280 million yuan (US$40 million) financing for its diagnostic…

CF PharmTech Completes RMB630M Series E Round

CF Pharmtech, Inc. recently successfully completed series E round financing of RMB630 million (US$90 million). This round of financing is…

Chinese Genetic Testing Company Geneseeq Completes $114M Series D Round

Chinese cancer genetic testing service company Geneseeq has raised RMB800 million (US$114.3 million) in a series D round of financing…

Chinese Fresh Food E-commerce Platform Pupu Mall Raises $100M Series B2 Round

Chinese fresh food e-commerce platform Pupu Mall has raised US$100 million in a series B2 round of financing for construction…

Chinese Community Fresh Food Store Qdama Completes $143M Series D Round

Chinese community fresh food store Qdama announced on Thursday the completion of a series D round of financing worth nearly…