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Venture Capital

Truck Driver Dispatch Firm Manbang Raises $1.7 Billion

Manbang Group, an intelligent transportation platform previously known as Yunmanman, announced the completion of a new round of financing of…

Autonomous Driving Trucks Firm Plus.ai Raises $100 Million

Chinese autonomous driving truck company Plus.ai completed a US$100 million Series C financing, with investors including Guotai Junan International and…

Chinese Truck Logistics Firm Zeyi Raises RMB600 Million

On November 20, Zeyi Supply Chain officially completed nearly RMB600 million yuan in Series C financing. (more…)

Biotech Startup D3Bio Completes $200 Million Series A Round

Chinese biotech firm D3Bio has recently announced the completion of a US$200 million Series A financing. This round of financing…

Qiming Venture Raises $1.2 Billion For Fund VII

Qiming Venture Partners today announced the final closing of Qiming Venture Partners Fund VII, a US$1.2 billion fund focuses on…

Chinese Satellite Internet Startup GalaxySpace Completes New Round At Unicorn Valuation

Chinese satellite Internet company GalaxySpace completed the latest round of financing, with a post-investment valuation of nearly RMB8 billion yuan,…

Distributed Database PingCAP Raises $270 Million

PingCAP, an enterprise-level open source distributed database vendor, recently announced the completion of a US$$270 million Series D financing. (more…)

Mech-Mind Robotics Completes RMB100M New Round

Mech-Mind Robotics announced that it has completed a B+ round of financing of nearly RMB100 million yuan. Source Code Capital…

AI Unstructured Data Processing Startup Zilliz Raises $43M

AI unstructured data processing and analysis software company Zilliz announced the completion of a US$43 million series B financing. (more…)

Underwater Intelligent Equipment Maker SUBLUE Raises RMB200M

The underwater intelligent equipment company SUBLUE has just completed a RMB200 million yuan Pre-IPO round of financing. (more…)

Chinese Biopharma Firm Asieris Completes RMB700M Round

Asieris Pharmaceuticals is a China-based biotech company specializing in the development and commercialization of new drugs for the treatment of…

Chinese Biopharma Firm Apollomics Completes $120M Financing

Apollomics, Inc., an innovative biopharmaceutical company dedicated to the discovery and development of new tumor-targeting and immune drugs and their…

Chinese Self-Driving Truck Firm Inceptio Tech Raises $120M Round

Inceptio Technology, a Chinese autonomous truck technology and operation company, hascompleted a new round of US$120 million in equity financing.…

Chinese PaaS Provider ZEGO Completes $50 Million Round

The global cloud communications service provider ZEGO received US$50 million in Series C financing. Tencent led the investment, and existing…

Four Chinese Biotech Firms Raise Over RMB500 Million In Funding

Healthcare startups continue to be favored by investors, as a total of four different biotech firms in China raised a…

Mining Autonomous Driving Startup i-tage Completes RMB200M Round

i-tage, an autonomous driving fleet startup focused on the use case of mining operations, announced that it has received RMB200…

CAR-T Biotech Firm Gracell Completes $100 Million Round

Chinese biopharmaceutical startup Gracell Biotechnologies Co., Ltd recently announced the completion of a US$100 million Series C financing. This round…

Chinese Self-Driving Tech Startup MINIEYE Raises RMB270 Million

Shenzhen MINIEYE Technology Co., Ltd., a developer of autonomous driving perception technology, announced the completion of a Series C financing…

Chinese AI Startup Smart More Raises $100 Million

Chinese AI technology company Smart More has completed a round of financing with an amount of over US$100 million. New…

Tencent Invests In Chinese E-Sports Operator VSPN

Shanghai-based e-sports operator Hero Sports, also called VSPN, officially announced the completion of a series B financing with a total…

Chinese Autonomous Driving Startup Pony.ai Reportedly Raises $300 Million At $6B Valuation

Chinese autonomous driving start-up company Pony.ai is rumored to have completed a new round of financing, with a post-investment valuation…

Huawei-Backed Sensor Chip Firm SmartSens Raises RMB1.5 Billion

SmartSens Technology, a Chinese image sensor chip company with backers including Huawei, officially announced the completion of a new round…

Chinese VC Gao Rong Capital Raises RMB10 Billion In New Funds

Chinese venture firm Gao Rong Capital has completed a new phase of fundraising of USD and RMB funds. The total…

RNAi New Drug Startup Sirnaomics Raises $105 Million

Sirnaomics, Inc., which focuses on the application of nucleic acid interference technology (RNAi) for new drug creation, has completed a…

Alibaba-Backed Yiguo.com, Having Raised RMB6 Billion, Enters Bankruptcy

Chinese fresh produce e-commerce company, Yiguo.com (or Yiguo Fresh Foods and Yiguo Shengxian), has entered the bankruptcy and reorganization stage.…

Silicon Carbide Chip Firm InventChip Raises RMB100 Million

Silicon carbide chip company InventChip Technology held a new product launch conference in Shanghai Lingang and announced the latest financing…

Investment Fund Focused On Scientific Conversion Launches In Beijing

An investment fund focused on scientific research commercialization called Zhongguancun Zhiyou Scientist Fund has been established in Beijing. The fund…

Semiconductor Firm National Chip Raises Series C Round

Hangzhou National Chip Technology officially announced today that it has received hundreds of millions of RMB in Series C financing.…

Source Code Capital Closes RMB3.8 Billion RMB Fund

Source Code Capital recently completed the fundraising of the fourth RMB fund, with a raised scale of RMB 3.8 billion.…

Chinese Biotech Firm Leto Lab Secures RMB100 Million

Leto Lab, a biotechnology focused on recobinant protein drugs, has recently completed a series B financing of over RMB100 million…

Chinese InsurTech Firm Nanyan Completes RMB250M Round

Nanyan Insurance Technology recently completed a RMB250 million yuan C round of financing led by Cenova Ventures, with existing shareholders…

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