Sequoia Capital and Shunwei Capital have led a US$38 million series D round in London-based IP Analytic and Management platform PatSnap.
Yaoshibang, a Guangzhou-based online pharmacy trading and education platform, announced that it has completed a RMB420 million (US$65.7 million) series C round led by Shunwei Capital and DCM Ventures.
Sequoia Capital China is said to have led a US$400 million pre-IPO round in Beijing-based Bitcoin miner and mining chip designer Bitmain Technologies Ltd., valuing the firm at US$12 billion, according to Chinese local media reports citing insiders.
China’s Zhejiang Silk Road Fund has participated in a US$100 million series B round in CMR Surgical Ltd, a British company developing surgical robots.
Tiger Global Management has led a US$70 million series B+ round in Chinese long-term apartment leasing firm Danke, according to Danke’s announcement.
Chinese online media firm Sina Corporation (NASDAQ:SINA) has joined Hong Kong-based venture capital firm Mandra Capital to lead a US$103 million financing round in Pintec, a Chinese fintech platform.
Chinese tech giant Alibaba Group Holding Ltd. has led a US$300 million series D round in Xiaohongshu, a social recommendation app for cross-border shopping, valuing the firm at over US$3 billion.
Chinese incubator and venture capital firm Sinovation Ventures has invested RMB37.5 million (US$5.8 million) in return for a 3% stake in a unite of Tencent-backed Chinese fresh produce retailer Yonghui Superstores.
Chinese alternative asset fund manager CDH Investments and Beijing-based Leadyond Capital have led a RMB250 million (US$39 million) series B round in Chengdu-based drug discovery firm HitGen, according to HitGen’s announcement.
Sequoia Capital’s growth fund has led a series C round worth of hundreds of millions of USD in Chinese cross-border e-commerce firm Jollychic, valuing the firm at US$1 billion.
China and US-headquartered biomedical firm Brii Bio has raised US$260 million from Sequoia Capital, Yunfeng Capital and others.
Hong Kong-based life science focused investment firm Ally Bridge Group announced that it has led a US$300 million round for Tencent-backed Grail, Inc., a healthcare company whose mission is to detect cancer early, when it can be cured.
NewsDog, an Indian news aggregation and personal recommendation mobile app operator, has completed a US$50 million series C round led by Chinese tech giant Tencent Holdings Ltd.
SB China Venture Capital (SBCVC) and China Creation Ventures, a Beijing-based venture firm focused on TMT investments in China, have co-led a RMB135 million (US$21.2 million) series B round in CowaRobot, a Chinese robotics firm.
Chinese artificial intelligence (AI) solution provider Unisound announced that it has raised a US$100 million series C round led by China Electronics Health Fund, a fund established by China Electronics Corporation Data (CEC Data), one of China’s biggest telecommunications equipment maker.
Chinese long-term apartment leasing start-up Uoko.com has completed a C1 round worth RMB1 billion (US$157 million), including equity and debt financing from various venture capital firms and banks, according to an announcement made by the company’s financial advisor, Galaxy Capital.
GIC, the Singapore investment firm managing the state’s foreign reserves, has led a US$260 million (RMB1.653 billion) series B financing in CStone, a Chinese bio-pharmaceutical company.
Intel Capital, the global investment arm of Intel Corporation, announced a total of US$72 million worth of new investments in 12 technology start-ups, including three Chinese companies, at the Intel Capital Global Summit yesterday.
Shanghai-based Shenma Finance, a fintech company focused on rural mobility, has raised a RMB300 million (US$47.25 million) series C round led by China Growth Capital, Hina Group and Chinese fintech firm Tongbanjie Group.
Venture capital firm GGV Capital has led a RMB100 million (US$15.7 million) series B round in Shanghai-based artificial intelligence-powered medical data solutions provider Synyi.
Chinese online travel service provider Ctrip.com International (NASDAQ: CTRP) says it wants to bring supersonic air travel to China.
Goldman Sachs has led a US$300 million new financing round in Chinese online used-car trading marketplace Renrenche, with existing investors Tencent Holdings Ltd. and Didi Chuxing participating, the company announced today.
China’s K-12 online education platform Knowbox has raised US$100 million in a series C round led by Yunfeng Capital, the latest in a string of investments in China’s online education market.
Chinese tea shop chain HeyTea has completed a RMB400 million (US$63.3 million) series B funding round, led by Longzhu Capital, a venture capital firm under Chinese group buying and delivery website Meituan-Dianping.
Chinese truck-hailing firm Manbang Group has completed a US$1.9 billion round led by Softbank Vision Fund and China Reform Fund, a private equity firm backed by China Reform Holdings Corporation Ltd and other central state-owned enterprises.
Morgan Stanley Private Equity Asia and private equity fund Crescent Point have led a series C round in Shanghai-based long-term apartment rental provider QingKe.
An affiliate of Warburg Pincus has led a US$44 million series C round in Sensors Data, a Chinese company providing user behavior data analytics platform and insights to enterprise clients.
CMB International Capital Corporation Ltd, a wholly-owned subsidiary of China Merchants Bank, has led a RMB410 million (US$65 million) series C round in Beijing Biocytogen Co., Ltd., a gene targeted animal model and service supplier.
South Korea’s Mirae Asset Financial Group plans to raise a 280 billion won (US$264.8 million) fund to invest in Chinese ride-hailing platform Didi Chuxing Technology Co., according to Korean media reports.
DJI, the world’s largest consumer drone maker, is reportedly in the process of raising US$1 billion, at a valuation of around US$15 billion.
Alisports Group, the sports affiliate of Alibaba Group Holding Ltd. has completed a RMB1.2 billion (US$190.78 million) series A round led by Yunfeng Capital, an investment firm co-founded by Alibaba’s executive chairman Jack Ma.