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Venture Capital

Goldman Sachs-Backed Used Car Trading Firm Renrenche Faces Continued Liquidity Crisis

Renrenche, a Chinese used car trading platform backed by a slew of top-tier investors including Goldman Sachs, Tencent Holdings Ltd.…

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…

NIO Capital Leads Round In Chinese Cloud Service Firm BoCloud

Chinese cloud solution service provider BoCloud announced the completion of a one-billion-RMB series C round of financing. This round of…

Former Baidu Senior Vice President Xiang Hailong Sets Up New Fund With RMB200M

The Longzhong Xinyi Fund, founded by former Baidu senior vice president Xiang Hailong, has raised an initial RMB200 million first…

Chinese Social E-commerce Firm Nice Tuan Receives Nearly $100M

Chinese social e-commerce company Nice Tuan has received nearly US$100 million in a new round of financing. (more…)

Chinese AIoT Startup Aiwinn Secures Series A+ Round

Aiwinn, a developer of artificial intelligence Internet of things (AIoT) solutions, has recently completed a series A+ round of financing…

Chinese Enterprise Software Storage Chip Startup Secures Angel Round

A Chinese enterprise software storage chip startup Kuhan Technology said it has successfully completed an angel round of financing. This…

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…

Maker Education Startup DFRobot Receives New Round

DFRobot has secured a new round of ten million RMB in financing. DFRobot is a high-tech enterprise engaged in open…

Computer Vision Startup Percipio.xyz Secures Series A+ Round

Shanghai Tuyang Information Technology Co. , Ltd., or Percipio.xyz, has received series A+ round financing from Panlin capital investment. (more…)

Sherpa Capital Leads Nearly $23M Series B Round In Chinese Radiology Imaging Firm

Nanovision Technology, a high-tech enterprise focused on high-speed and high-precision radiology imaging, has raised RMB160 million (US$22.93 million) in a…

Chinese Intelligent Commercial Kitchen Platform Chu Xin Raises $36M Series B Round

Chu Xin, a Chinese intelligent commercial kitchen platform, has raised RMB230 million (US$35.82 million) in a series B round of…

Free Headhunting Service Duke Headhunter Completes PRE-A Round

Duke headhunter APP announced the financing of the 100 million Yuan Pre-A series investment by Beijing and Partner Information Technology…

NEUROFLOW Raises $7.5 Million In New Funding

NeuroFlow, a U.S. mental health monitoring platform, has raised US$7.5 million in new round of funding. The round was led…

SDIC Venture Capital Leads Series B Round In Chinese Big Data Firm DTStack

DTStack, a Chinese cloud computing and big data technology services provider, has raised hundreds of thousands of yuan in a…

Blocks-Building Startup Secures Round To Create 3D+AI Intelligent Holographic Displays

A 3D digital technology brand named Jimu Yida (Easy-To-Build-Blocks) has secured a billion RMB round of financing, according to Chinese…

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…

Chinese AI Start-up AInnovation Completes $57M Series B Round

Chinese artificial intelligence (AI) solutions provider AInnovation announced the completion of a RMB 400 million (US$57.16 million) series B round…

SDIC Ventures Leads Series A+ Round In Chinese O2O Education Service Firm

Chinese O2O education service firm HQ Education Group announced on Monday the completion of a series A + round of…

Chinese Biotech Firm Innovative Cellular Therapeutics Completes New Funding Round

Shanghai-based biotechnology company Innovative Cellular Therapeutics (ICT) has completed a new round of financing from LH Ventures, a venture capital…

Chinese E-commerce Platform Hipac Closes $100M Series D Round

Hipac, a Chinese e-commerce platform for mother and baby care products, announced on Friday the completion a US$ 100 million…

CICC Capital Co-leads $14M Series B+ Round In Chinese RF Chip Firm

Lansus Technologies Inc., a Shenzhen-based radio frequency (RF) chip company, has raised over RMB100 million (US$14 million) in a series…

Chinese Low-code Development Platform ClickPaaS Completes $10M Series A and A+ Round

Chinese low-code development platform ClickPaaS announced on Wednesday that it has completed a series A round of financing led by…

China Merchants Capital Leads $60M Series C Round In Chinese Medical Equipment Service Provider

Kedu Healthcare Tech, a Shanghai-based medical equipment service provider, has raised US$60 million in a series C round of financing…