SDIC Chuangye Investment Management, a subsidiary of State Development & Investment Corp, has led a US$100 million series A round in Cambricon Technologies Co., Ltd., an artificial intelligence chip developer.
All-Stars Leads $56M Round In Chinese Truck Logistics Firm Huochebang
All-Stars Investment Ltd., an alternative investment firm focused on the Internet and consumer sectors in Greater China, has led a US$56 million series B-3 round in Huochebang, a Uber-like truck logistics start-up.
Vertex Leads New Funding Round In Chinese Online Real Estate Agency Julive
Vertex Venture Holdings Ltd., a wholly-owned subsidiary of Singapore's Temasek Holdings, has led a series B round worth tens of millions of U.S. dollars in Julive, a Chinese online-to-offline (O2O) real estate agency.
Lenovo Capital Leads $7M Round In Chinese Robotic Arm Developer YangTian
Lenovo Capital and the Incubator Group have led a RMB50 million (US$7 million) pre-A round in Tianjin YangTian Technology Co., a Chinese industrial robotic arm developer supplying manufacturers in China.
Meitu Joins $14M Round In Chinese Augmented Reality Firm HiScene
Chinese investment firm, Shanghai Cableway Investment, has led a series B investment round of nearly RMB100 million (US$14 million) in HiScene, a Beijing-based start-up developing hardware and software products for augmented reality.
IDG Co-Leads $14M Round In Chinese AI-Powered Data Visualization Firm Haiyun
IDG Capital and Jingsheng Jiacheng Investment have led a RMB100 million (US$14 million) series B round in Haiyun Data, a Beijing-based start-up providing big data analysis solutions.
Qiming Venture Leads $21M Series A Round In Chinese Biopharma Firm Antengene
Antengene Corporation, a Chinese clinical-stage biopharmaceutical company, has raised US$21 million in a series A financing round led by Qiming Venture Partners. Chinese investment firms TF Capital and HG Capital, as well as Tigermed Investment, also participated in the deal.
Mangrove Capital Leads $45M Round In Cloud Communication Firm Ucpaas
Shenzhen-based Mangrove Capital, an investment firm co-founded by Wang Duo, an ex-partner at SAIF Partners, has led a RMB300 million (US$45 million) series B round in Ucpaas, a Chinese cloud communication service provider.
SBCVC Joins $100M Round In Chinese Capsule Endoscopy System Developer Ankon
Ankon Technologies Co., Ltd., a U.S. and China-based company developing medical equipment for gastric diagnosis, has raised a US$100 million investment round from SBCVC, Dazhong Investment, Youshi Capital and Tongsheng Capital.
Yunfeng Capital Leads $14M Round In Chinese Short Video Producer Er Geng
Yunfeng Capital, a private equity firm co-founded by Alibaba Group Holding Ltd chairman Jack Ma, has led a RMB100 million (US$14 million) series A round in Er Geng, a Hangzhou-based short video content producer, with participation from Source Code Capital.
H Capital Leads $150M Round In Chinese K12 Online Education Platform Zuoyebang
China-focused venture capital firm H Capital has led a US150 million series C round in Zuoyebang, a K-12 online education spin-off from Baidu Inc.
SAIF Joins $90M Round In Chinese Social Media Marketing Firm IMS
Chinese social media marketing company IMS New Media Group has raised a RMB600 million (US$90 million) series C round from Sina Weibo, Morgan Stanley, China Merchants Bank, CSC Financial Co., Ltd. and SAIF Partners.
Hony, Foxconn Ventures And Temasek Invest $110M In PCCW Video And Music Streaming Unit
Hony Capital, Foxconn Ventures and Temasek Holdings have together invested a total of US$110 million in PCCW OTT, the video and music streaming subsidiary of Hong Kong-based telecommunications and media giant PCCW Ltd, acquiring a stake of around 18%.
Seven Seas Partners Leads $14M Round In Chinese Smart Logistics Packaging Firm
Seven Seas Partners, a venture capital firm established by former Tencent chief technology officer Xiong Minghua, has led an over RMB100 million (US$14 million) financing round in Xiangxianggongyong, a smart logistics packaging sharing platform.
Tencent Joins $29M Round In Chinese Supply Chain Finance Firm Linklogis
Shenzhen-based supply chain financial services provider Linklogis has raised a RMB200 million (US$29 million) series B round from Tencent Holdings Ltd., China Merchants Venture Capital Management Co., Ltd. and Bertelsmann Asia Investments.
Yunqi Leads $24M Round In Chinese B2B Textile E-Commerce Platform Baibu
Chinese venture capital firm Yunqi Partners has led a RMB165 million (US$24 million) series B+ round in Baibu, a business-to-business textile e-commerce mobile app, with participation from Chengwei Capital and Source Code Capital.
Lenovo Leads Funding Round In Chinese AR Optical Module Developer NED+AR
Lenovo Capital and Incubator Group have led a pre-A round worth tens of millions of RMB in Beijing NED+AR Display Technology Co., Ltd., a supplier of optical modules for augmented reality glasses.
Qiming Venture Leads $20M Round In Cancer Screening Start-Up New Horizon Health
Chinese venture capital firm Qiming Venture Partners has led a US$20 million financing round in New Horizon Health, a Chinese precision health start-up focused on developing early-stage cancer screening technologies.
Temasek Leads $59M Round In Chinese Biotherapeutics Developer Just China
Singapore's state investment firm Temasek Holdings has led a RMB400 million(US$59 million) series B round in Hangzhou Just Bioteherapeutics Ltd., a Chinese antibody and recombinant protein bio-therapeutics developer.
Alibaba Joins $9M Round In Hong Kong Bike Sharing Firm Gobee.bike
U.S.-based smart hardware focused venture capital firm Grishin Robotics has led a US$9 million series A round in Gobee.bike, a Hong Kong-based bike sharing start-up.
Horizons Ventures Joins $75M Round In US Veggie Burger Firm Impossible Foods
Horizons Ventures, a Hong Kong-based technology-focused venture capital firm founded by tycoon Li Ka-shing, has participated in a US$75 million founding round in Impossible Foods, a California-based start-up producing vegetable-based meat substitute products.
IDG Said To Lead New Funding Round In Chinese Local Services O2O Firm Meituan-Dianping
IDG Capital is reportedly in talks to lead a new funding round in Meituan-Dianping, China's largest on-demand local services provider.
BAI, Qiming Lead Funding Round In Chinese Food Court Operator Shiyunji
Bertelsmann Asia Investments (BAI) and Qiming Venture Partners have led a series A round worth tens of millions of U.S. dollars in Shiyunji, a food court operator that employs mobile and cloud technology to streamline both sales and purchasing.
Matrix Leads $14M Round In Chinese Hyper-Converged Infrastructure Developer SmartX
Matrix Partners China has led a nearly RMB100 million (US$14 million) series B round in SmartX, a Beijing-based hyper-converged infrastructure product developer.
Joy Capital Leads $105M Round In Chinese E-Commerce Software And Services Provider Shopex
Chinese venture capital firm Joy Capital has led a RMB700 million (US$105 million) series D round in Shopex, a Shanghai-based e-commerce software and services provider.
Matrix Joins $17M Round In Chinese Smart Auto Parts Supply Chain Firm AutocloudPro
Chinese investment firms Qingsong Fund, Shoutai Investment Group and Langsheng Investment have led a RMB120 million (US$17 million) series A+ round in AutocloudPro, a Shanghai-based start-up developing smart cloud platforms for the sales and distribution of auto parts.
Qiming Leads $10M Round In Chinese Education Robot Developer Kuaile Zhihui
China-focused venture capital firm Qiming Venture Partners has led a series A round of nearly US$10 million in Kuaile Zhihui, a Beijing-based artificial intelligence start-up developing educational robots for children.
GGV Leads New Funding Round In US Shopping App Developer Ibotta
Silicon Valley and China-based venture capital firm GGV Capital has led a series C-1 funding round in Ibotta, a U.S.-based shopping app developer.
CMC Capital Co-Leads $100M Round In Chinese Online Education Firm Liulishuo
CMC Capital Partners and Wu Capital have jointly led a series C round in Liulishuo worth nearly US$100 million, a Shanghai-based English language learning platform.
IDG Co-Leads $14M Round In Chinese Smart Security Software Developer HanSight
CASH Capital (Beijing) Investment Management Co., Ltd. and IDG Capital have led a RMB100 million (US$14 million) series B round in HanSight, a Beijing-based smart security software start-up.
Matrix, Fosun RZ Lead New Round In Chinese Smartphone Data Firm Teddy Mobile
Matrix Partners China and Fosun RZ Capital, formerly known as Fosun Kinzon Capital, have led a series B round worth hundreds of millions of RMB in Teddy Mobile, a Beijing-based smartphone data management start-up.