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Venture Capital

ByteDance Invested In 52 Deals With Total Deal Value Of $6.4B: TikTok Parent Company’s Investments, M&A, Strategic Deals In One Chart 2019-2022

ByteDance, the world's highest valued tech private company and the parent of TikTok, is also one of the globe's most…

China’s Venture Mega-Deals 2019 to 2022 In One Chart: Can It Last?

Despite the lingering Covid pandemic, the tsunami of mega-deals in China's venture capital market is continuing so far. There have…

Tencent Was Involved In 77 Investments Worth $11.9 Billion From 2021 To 2022 YTD; We Have It All In This One List

As China's dominant social networking and gaming company, Tencent is also an investment powerhouse. From 2021 to year-to-date 2022, China…

NIO Capital Secures US$400 Million For Second USD Fund

NIO Capital, a venture investment fund backed by Chinese electric car maker NIO, announced today that it has closed the…

New World Development CEO Adrian Cheng Invests In ConsenSys, Hex Trust In Web3 Play

New World Development CEO Adrian Cheng has entered Web3 with a personal investment in Hex Trust's series B round and…

A Complete List Of Venture Investments In Metaverse Startups In China: See What VCs Are Betting On

China Money Network has aggregated a comprehensive list of all venture capital deals into metaverse concept companies in China since…

A List Of Chinese Venture Capital Investments In Metaverse Companies 2021-2022

Here is a list of venture capital investment deals in metaverse companies in China from 2021 to 2022 year-to-date. Such…

ByteDance Disbands Strategic Investment Unit Due To Regulatory Pressure

Chinese Internet giant ByteDance has disbanded its strategic investment department due to pressure from regulators on Tuesday, according to people…

C Ventures-Backed RTFKT To Be Acquired by NIKE

RTFKT, an innovative brand that utilizes next generation technology, including blockchain authentication, NFT, gaming engines and augmented reality to create…

WeRide Closed Series C Round Fundraising From Alliance Ventures, China Structural Reform Fund And Pro Capital

WeRide, a Chinese autonomous driving company, announced it has closed its Series C round financing, with the participation from Alliance…

Chinese IDM Startup InnoStar Semiconductor Secures $100M

Chinese semiconductor company InnoStar Semiconductor (Shanghai) Co., Ltd. announced that it has completed nearly 100 million U.S. dollars of Pre-A…

FountainVest, ClearVue Lead $220 Million Round In Heavy Truck Autonomous Driving Firm Plus.ai

Chinese heavy truck autonomous driving company Plus.ai announced the completion of a new round of financing of US$220 million, led…

China VC: US Policy Uncertainty Provides Window For China To Advance In Semiconductors

Chinese semiconductor companies is at a golden age in developing their capabilities, as policy uncertainty from the US provides stimulus…

Chinese AI Unicorn Megvii Aims To List In Shanghai After Other AI Firms Suspend IPO Review

Nineteen months later, Chinese AI unicorn Megvii Technology tries again for an IPO, this time on the Shanghai Stock Exchange.…

Chinese Electric Boat Motor Maker ePropulsion Secures Financing

ePropulsion, a Chinese electric outboard motors maker, recently announced the completion of a billion-level B round of financing. (more…)

Ex-Nvidia Executive Founded GPU Startup Secures Funding; 5G Chips Firm Raises Financing

Moore Threads, a GPU computing technology and services startup founded reportedly by former Nvidia executives, recently completed a multi-billion yuan…

China Has 264 Unicorn Firms, US Has 240: Together They Take 80% Of Global Total

In 2020, China added 46 new unicorn companies. At the end of the year, there were 264 unicorn companies in…

Chinese Consumers Prefer Chinese Brands: The Arrival Of China’s Local Consumer Brands

In 2020, the Chinese consumer brand investment and financing market reached the highest level. There were 245 investment and financing…

Didi Autonomous Driving Unit Secures $300 Million Financing

Didi's autonomous driving unit had recently completed a financing of US$300 million. This round was led by IDG Capital, followed…

GGV Capital Raises $2.52Billion And RMB3.4 Billion For New Funds

GGV Capital announces the completion of the fundraising of US$2.52 billion for a USD fund and the near completion of…

Agile Robots Secures Series B Financing

Agile Robots, an artificial intelligence robot company, announced the completion of Series B financing. The company said the investors include…

Travel Services Provider KLOOL Secures $200 Million

KLOOK Travel recently received US$200 million in Series E financing, led by Aspex Management, a pan-Asian investment company. (more…)

EDA Startup X-Epic Secures Financing As China Seeks Tech Self-Sufficiency

Chinese EDA (Electronic Design Automation) software startup X-Epic announced today that it has completed hundreds of millions of yuan in…

Chinese Battery Leader CATL Makes Vast Investments In EVs, Self-Driving And Chips

Contemporary Amperex Technology Co. Limited (CATL), the Chinese battery manufacturer and the world's third largest provider of EV, HEV and…

Chinese Self-Driving Startup Uisee Raises RMB1 Billion

Chinese autonomous driving company Uisee announced that it has completed a new round of financing of more than RMB1 billion…

Chinese VCs Place Bet On Quantum Technology Startups

Chinese venture capital firms including Hillhouse Capital, Legend Capital, Cornerstone Capital, and CDH Investment have all invested in quantum technology…

Chinese AI Unicorn 4Paradigm Raises $700 Million Mega Pre-IPO Round

Chinese AI unicorn 4Paradigm has completed a US$700 million Series D funding round. Boyu Capital, Primavera Capital, and HOPU Investments…

Chinese UWB Chips Startup Raises RMB100 Million

Chinese chip design company New Radio Tech has completed a Pre-A round of nearly RMB100 million yuan of financing at…

Service Robot Startup Yunji Secures Series C Led By Qiming

Yunji Technology, a hotel and service robot company, announced the completion of a series C financing led by Qiming Venture…

Quantum Precision Measuring Startup CIQTEK Secures Round From Hillhouse

Quantum precision measuring instrument company CIQTEK has completed a series B financing worth several hundred million yuan. Hillhouse Ventures led…

Chinese L4 Autonomous Driving Firm WeRide Secures $310M For Series B

WeRide, a Chinese L4 autonomous driving company, announced that it has completed two rounds of financing, series B2 and B3,…

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