Venture capital firm GGV Capital is looking to raise seven new funds targeting total fundraising of US$1.88 billion, according to a security filing dated August 13.
Manbang Group, a Chinese truck-hailing platform is looking to raise US$1 billion in a new funding round, according to the Wall Street Journal.
Yunfeng Capital, co-founded by Alibaba’s founder Jack Ma has raised US$2.5 billion for its new fund, according to a security filing dated August 3 with the U.S. Securities and Exchange Commission.
Suzhou city, Jiangsu Province-based biotech firm CureGenetics Co., Ltd has raised a US$17 million series A round led by Qiming Venture Partners.
Chinese consumer medical beauty platform Igengmei raised a US$50 million series D1 round from Xiamen-based technology company Meitu and Shenzhen-based FOFs DH Fund.
Beijing-based venture capital China Creation Ventures (CCV) announced that it has raised nearly US$200 million for its new fund to invest in early-stage companies in telecommunication, media and technology sectors in China.
Chinese venture capital firm Long Hill Capital has closed its second fund with US$265 million to continue investing in China’s healthcare and consumer sectors, the firm announced today.
Shanghai-based technology, media, telecom (TMT) focused venture capital Panda Capital announced that it has completed raising RMB700 million (US$105 million), making this its second RMB fund.
Chinese VC firm Ganesh Ventures will be launching an India-focused fund with backing from Jack Ma, it announced on Tuesday.
DragonBall Capital – venture capital fund of Chinese on-demand local services firm Meituan Dianping, announced that it has completed raising a total of RMB2 billion (US$301.66 million), exceeding the initial RMB1.5 billion target.
China Merchants Group has teamed up with London-based Centricus Asset Management Ltd. and Beijing-based SPF Group to set up a RMB100 billion (US$15 billion) fund to invest in Chinese technology companies, according to a report by the Financial Times.
AlphaX Partners, a Chinese venture capital firm founded by three veteran Chinese investors, have raised its debut fund with RMB2 billion (US$314 million) in total capital commitments, the firm announced today.
China’s Legend Capital has completed raising RMB1 billion (US$156 million) for its second RMB healthcare fund, according to an announcement on its official WeChat account.
China’s early-stage venture capital firm Sky9 Capital said on Wednesday that it has closed a US$200 million early-stage fund, called the Sky9Capital Fund III, L.P., according to the company’s official WeChat account.
Real estate private equity firm Gaw Capital Partners has announced the final close of its third US value-added real estate fund, the Gaw Capital US Fund III (“US Fund III”), bringing total commitment raised for this fund to its hard cap size of US$412 million.
Venture capital firm GGV Capital has completed raising about RMB1.5 billion (US$236.3 million) for its debut RMB fund, according to an announcement on its official WeChat account.
Sky9 Capital, a venture capital firm founded by a former partner at Lightspeed Venture Partners, announced today that it has completed the final closing of a new fund with total commitments of US$200 million.
China’s search engine giant Baidu Inc. has announced plans to set up a new fund worth of US$500 million in its first phrase to invest in Internet and artificial intelligence start-ups.
Chinese new energy vehicle (NEV) start-up Singulato Motors has raised RMB3 billion (US$474 million) in a Series C round fundraising, the company announced.
Sinovation Ventures, a Chinese venture capital firm founded by former Google China head Kai-Fu Lee, today announced the close of its new US$500 million Fund IV to invest in early and growth stage Chinese and U.S. technology companies.
Sinovation Ventures, a Chinese VC firm co-founded by Kai-Fu Lee, former head of Google China, has received an investment tranche of US$50 million from Spanish bank Banco Bilbao Vizcaya Argentaria, S.A., or BBVA, for its new US$500 million fund targeting artificial intelligence start-ups.
Chinese venture capital firm Qiming Venture Partners has announced the closing of three new funds totaling US$1.39 billion.
Dorabot, a Chinese robotics company deploying artificial intelligence and robotics in the logistics sector has raised tens of millions of dollars in a series A+ round financing led by Yunfeng Capital.
US-based bike sharing company LimeBike has raised a US$70 million B+ round, the company announced today. The funds will suppport the company’s expansion beyond its core bike rental business, to include electric bikes and scooters, differentiating it from Chinese bike sharing giants such as Mobike and ofo.
China’s Baidu Inc has teamed up with China Life Insurance Co., Ltd. to jointly launch a RMB14 billion (US$2.12 billion) investment fund to back companies in the mobile Internet, artificial intelligence, fintech and other advanced technology sectors.
Chinese venture capital firm Shenzhen Capital Group Co., Ltd. and retail firm Suning Commerce Group Co., Ltd have agreed to jointly establish a RMB30 billion (US$4.5 billion) logistics real estate fund.
Hong Kong-based investment firm China Everbright Ltd. and American venture capital company Walden International Group are jointly launching a US$500 million fund focused on the semiconductor and industrial information technology sectors.
Chinese venture capital firm China Creation Ventures, founded six months ago by Zhou Wei, formerly a managing partner at venture firm Kleiner Perkins Caufield & Byers China, has reached first closing of its U.S. dollar dominated fund at nearly US$100 million.
Sequoia Capital China has raised US$50 million for a China focused fund, over a year after the venture capital firm started fundraising for the vehicle last September, according to a security filing.
Taiwanese computer maker AsusTek Computer Inc., better known as ASUS, is partnering with Silicon Valley-based Fenox Venture Capital to launch a US$50 million venture fund to help U.S. technology start-ups expand to China.
China-based start-up incubator and early-stage venture firm Withinlink, founded by Bessie Lee, the former chief executive of WPP China, has launched a second US$30 million fund focused on bringing American start-ups to China.