Vion Technology Inc., a Chinese artificial intelligence firm specializing in machine vision, has raised a US$20 million series B round from Samsung Electronics, Swiss automation company ABB, Chinese venture firm Tsing Capital and Hong Kong-based investment firm Waterwood.
Canada Pension Plan Investment Board (CPPIB) announced that it had invested HK$1.94 billion (US$248 million) to acquire an interest in Goodman Hong Kong Logistics Partnership (GHKLP), one of Goodman’s flagship logistics partnerships with the largest portfolio of logistics properties in Hong Kong.
Hong Kong-based real estate private equity firm Gaw Capital Partners and a consortium of partners including Goldman Sachs have won a bid to acquire a retail portfolio comprising 17 shopping centers in Hong Kong from Link Asset Management Ltd for HK$23 billion (US$3 billion).
China Reform Holdings Co., Ltd. has led a RMB670 million (US$101 million) new funding round in 3D Medicines, a Chinese healthcare firm developing precision medicine for cancer treatment.
Preceptis Medical Inc., a U.S.-based pediatric surgical technologies developer, has reached the initial closing of its series B financing round led by a group of unnamed Chinese private investors.
Asian alternative investment management group PAG has acquired a super-majority controlling interest in China’s most popular online dating site, Zhenai, which is 20% owned by U.S.-based Match.com.
Shouqi Limousine & Chauffeur, a Chinese ride-booking app backed by Beijing-based automobile company Shouqi Group, has raised a RMB700 million (US$105 million) series B+ round from NIO Capital, Baidu Inc. and Silk Road Huachuang Beijing Co., Ltd.
China Merchants Capital Investment Co., Ltd. has led a series C round worth over US$100 million in yMatou.com, an online cross-border e-commerce platform.
China’s CITIC Capital, Haier Capital, Lenovo Holdings Corp and Legend Capital have led a nearly RMB700 million (US$105 million) series C round in Phoenix Travel Worldwide Co., Ltd., an overseas travel agency.
Hong Kong-based Run Liang Tai Fund and China’s Sunsea Telecommunications Co., Ltd have led a US$60 million series D round in Ayla Networks, a U.S.-based Internet of Things (IoT) company.
Chinese private equity firm Yunfeng Capital, co-founded by Alibaba’s chief Jack Ma, has led a US$120 million series E round in Xiaozhu.com, a Beijing-based short-term vacation home sharing platform. The investment will enable Xiaozhou.com to better compete with local rivals and Airbnb China for more market share.
Hong Kong-based real estate private equity firm Gaw Capital Partners has entered into a framework agreement to acquire SKY SOHO, a group of Class A office buildings in Shanghai’s Linkong Economic Park district, from SOHO China through one of the funds under its management.
Chinese private equity firm Hony Capital has agreed to acquire 30% of Duemmei, the owner of Italian fashion brand Mr&Mrs Italy, to support the brand’s expansion in Asia.
Singapore’s Temasek Holdings has led a US$502 million series D round in Magic Leap Inc., a U.S.-based augmented reality start-up.
Chinese Internet firm Tencent Holdings Ltd. has led a US$1.1 billion new funding round in Ola, an Indian ride sharing company that boasts 800,000 drivers in 110 cities in the world’s second most populous country.
KKR has led a US$200 million series C round in Shenzhen Suishou Technology Co., a Chinese personal finance management platform, as part of the start-up’s series C round.
Chinese rollable display company Royole Corp has raised US$800 million in a series D financing round to support research and development and ramp up production and sales.
YH Global, a Chinese supply chain management and logistics company, has raised RMB1.2 billion (US$182 million) in a series A round led by Chinese private equity firms Yonghua Capital and Co-Energy Finance. The round, participated in by Stone Capital, Tangrong Capital and Shenzhen Grandland Group Co., Ltd., values the company at US$1 billion, according to local media reports. China Money Network could not contact YH Global to confirm the facts prior to publication.
U.S. investment firm Tiger Global Management LLC and China’s Genesis Capital have led a US$230 million series C+ round in MissFresh, a Chinese fresh produce e-commerce platform in China backed by Tencent Holdings and other investors.
Taiwanese electric scooter maker Gogoro has raised a US$300 million series C round from Singapore’s state investment firm Temasek Holdings, London-based Generation Investment Management, Japan’s Sumitomo Corp and French electric utility company Engie.
Private equity firm Warburg Pincus has led a US$180 million series D round in D&J Industrial Property China Investment Ltd., a Chinese business park and suburban office developer.
SDIC Fund Management Company Ltd., a private equity firm majority owned by China’s State Development & Investment Corporation (SDIC), as well as an investment arm under China Life Insurance Co., Ltd., have led a RMB3.3 billion (US$500 million) series A round in Shanghai United Imaging Healthcare, a medical imaging equipment developer.
SoftBank Vision Fund, a US$93 billion investment fund backed by SoftBank Group Corp with a significant commitment from Saudi Arabia’s sovereign wealth fund, is considering a US$500 million investment in the Hong Kong initial public offering of ZhongAn Online Property and Casualty Insurance Co., Ltd. ZhongAn Online is China’s first Internet-only insurer jointly established by Alibaba Group, Tencent Holdings and Ping An Insurance in 2013. The company is geared toward raising US$1.5 billion in an IPO in Hong Kong at …
Warburg Pincus has acquired a 49% stake in asset management company Fortune SG from Societe Generale. The deal sees Societe Generale exit from Fortune, a joint venture it established in 2003 in partnership with a unit of Baosteel Group, creating one of China’s first sino-foreign joint venture fund management companies. No financial details were disclosed.
Fosun RZ Capital, the venture capital unit of conglomerate Fosun Group, formerly known as Fosun Kinzon Capital, has led a RMB50 million (US$7.7 million) series A financing round in Shenzhen-based indoor positioning service provider Shunwei.
Warburg Pincus has committed a US$183 million follow-on investment into Nova Property Investment Co. Ltd, a Chinese rental apartment operator and asset manager. The investment follows Warburg’s initial US$170 million capital injection into Nova in 2015 to help the firm build up its portfolio.
TPG Capital Asia has acquired a majority stake in Taiwan-based clinical trial services provider OPC Holding Company. As part of the transaction, OPC’s founder Jason Chen will transition to the role of chairman. Additional terms of the transaction were not disclosed.
Chinese private equity firm Yunfeng Capital, co-founded by Alibaba’s chief Jack Ma, has led a RMB190 million (US$29 million) series C round in Kaistart, a Chinese restaurant and hospitality industry-focused crowdfunding platform. Chinese investment firm Certain Capital also participated.
Arrail Dental, a Chinese private dental service provider with nearly 100 private dental clinics in the country, has raised a US$90 million series D round from Goldman Sachs and Chinese private equity firm Hillhouse Capital Group.
Alibaba Group Holding Ltd. and Yunfeng Capital, an investment vehicle controlled by Alibaba founder Jack Ma, have made a RMB1 billion (US$140 million) strategic investment in enterprise cloud services provider Qiniuyun to strengthen the Chinese e-commerce giant’s own cloud services business.
Chinese investment firm Puji Capital has launched Puji Films to invest in the Chinese and Hollywood film industries. Puji Capital also announced Puji Film’s first investment, in Mandalay Endurance Media Ventures (MEMV).