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Venture Capital

China’s Forebright Capital Leads $30M Series B Round In Cloud Networking Start-Up

Zenlayer, a Los Angeles and Shanghai-based software-defined network and cloud services provider, announced on Thursday that it has raised US$30…

Chinese Fintech Solution Provider Fudata.cn Raises Nearly $14M In Series Pre-B Round

Chinese fintech solution provider Fudata.cn has raised nearly RMB100 million (US$14.25 million) in a series pre-B round of financing, the…

Ant Financial Leads Nearly $40M Series A Round In Chinese ETC-Focused Data Start-Up

Xinlian Payment, a Chinese big data platform offering electronic toll collection (ETC) devices, announced on Tuesday that it has raised…

WeChat Pay, Alipay Partner QFPay Gets $20M Eyeing Asian Market

Beijing-based digital payment start-up QFPay announced on Tuesday that it has closed US$20 million in a new funding round led…

Chinese Computer Vision Start-Up Simshine Raises $8M Pre-A Round

Simshine, a Chinese artificial intelligence (AI) start-up focused on embedded computer vision technology, has raised US$8 million in a series…

Morningside Backs Chinese Low-Code Platform Start-Up ClickPaaS In Series A Round

Chinese low-code platform developer ClickPaaS has raised millions of U.S. dollars in a series A round of financing from the…

China’s 01 Venture Capital Closes Second USD Fund At $100M For Internet Investments

Chinese investment company 01 Venture Capital announced on Monday that it has raised US$100 million for the second USD-denominated fund,…

Chinese Online Q&A Platform Zhihu Nets $434M In Largest Funding Round

Zhihu, the largest question-and-answer platform in China, announced on Monday that it has secured US$434 million in a series F…

Chinese Biotech Start-Up Stemirna Therapeutics Raises $14M Series A Round

Stemirna Therapeutics, a Chinese biotech start-up focusing on RNA technology-based drug development, has raised nearly RMB100 million (US$14.16 million) in…

Chinese AIoT Solution Provider Terminus Closes $283M Series C1 Round

Chinese internet of things (IoT) solution provider Terminus Technologies announced on Monday that it has raised RMB2 billion (US$283.12 million)…

Legend Capital Invests In Chinese Cargo Transportation Start-Up Yungehuo

Chinese cargo transportation service platform Yungehuo announced on Monday that it has closed RMB100 million (US$14.15 million) in a series…

Chinese Fresh Food E-Commerce Platform FreshMarket Gets $35M In Series C+ Round

FreshMarket, an online fresh food ordering platform, has completed RMB250 million (US$35.46 million) in a series C+ round of financing…

Chinese Clinical-Stage Innovative Drug Developer Kangpu Raises Nearly $14M

Chinese clinical-stage innovative drug developer Kangpu Biopharmaceuticals unveiled on Friday that it has raised nearly RMB100 million (US$14.18 million) in…

Baidu Injects $30M Into Tencent-Backed Firm For Mini-Program Development

Chinese e-commerce service provider Youzan announced on Thursday that its affiliate Qima Holdings has raised US$30 million from Baidu to…

KPCB Leads $30M Series B Round In Chinese 3D Printing Service Provider

Chinese 3D printing service provider LuxCreo has raised US$30 million in a series B round of financing led by American…

Genesis Capital Invests $60M In Chinese B2B Auto Spare Parts E-Commerce Platform

Kzmall.cn, a Chinese business to business (B2B) e-commerce platform for automobile spare parts, announced on Thursday that it has secured…

Chinese Biomedical CRO Biocytogen Raises $77M In Series D Round

Biocytogen, a biomedical contract research organization (CRO) specialized in gene-targeted animal models and services, announced on Thursday that it has…

Computer Vision Start-Up Clobotics Gets $22M Serving Retail, Wind Power Firms

Clobotics, a Chinese intelligent computer vision solutions developer, has raised US$22 million in a series pre-B round of financing led…

Hong Kong-Based Personal Finance Platform CompareAsiaGroup Raises $20M

British information services provider Experian announced on Tuesday that it is leading a US$20 million investment for the first close…

Chinese Audio Books Platform Lazy Online Raises $14M In New Round

Chinese audio books platform Lazy Online Ltd has raised about RMB100 million (US$14.2 million) in a new round of financing…

Venturous, Lioncrest Merge To Launch $200M China Smart City Fund

Venturous Group, a merger between Beijing-based investment company Venturous and Lioncrest Global, which specializes in serving high net-worth individuals and…

Chinese AI Chips Developer WITINMEN Closes $14M Series A Round

Chinese artificial intelligence (AI) chips and system solutions provider WITINMEN has closed nearly RMB100 million (US$14.22 million) in a series…

BAI Backs Chinese Textile Industry-Focused SaaS Provider Youshupai

Youshupai, a Chinese technology start-up providing software as a service (SaaS) products for the textile industry, announced on Tuesday that…

Chinese EV Start-Up Leap Motor Enters Unicorn Club After $51M Fresh Funds

Chinese electric vehicle (EV) start-up Leap Motor announced last week that it has raised RMB360 million (US$51.85 million) in a…

GGV Capital Leads Series D Round In Chinese IoT Technology Developer Sensoro

Sensoro, a Chinese internet of things (IoT) technology developer, has completed a series D round of financing led by global…

Chinese E-Commerce Unicorn Jollychic Gets $65M Serving MENA Consumers

Jollychic, a Chinese e-commerce platform mainly serving Middle East consumers, announced on Monday the completion of a series C+ round…

China’s Capital Nuts Closes Third RMB Fund At $43M For Tech, Consumer Investments

Capital Nuts, a Chinese venture capital firm specialized in technology and consumer investments, announced last Friday that it has closed…

Qiming, Legend Capital Back Chinese Dental Medical Services Provider

Bondent Technology, an integrated service platform for dental medical institutions in China, announced on Friday the completion of a series…

Chinese VC Firm K2VC Backs US Co-Living Start-Up In $10M Series B Round

Tripalink, a Los Angeles-based start-up focusing on building co-living communities, has raised US$10 million in a series B round of…

Hongtai Capital Backs Chinese Biopharma Firm Qyuns Therapeutics In Series B Round

Chinese biopharmaceutical firm Qyuns Therapeutics has raised several hundred millions of yuan in a series B round of financing led…

Hongtai Capital Leads $14M Series A+ Round In Chinese Pharmaceutical Firm

Chinese pharmaceutical firm CGeneTech has raised over RMB100 million (US$14.52 million) in a series A+ round of financing led by…