A unit of Chinese conglomerate Fosun Group has led a series A financing round in Westwell Lab, a Shanghai-based artificial …
DCM Leads $10M Round In Chinese Crowdfunding Platform Duocaitou
DCM Ventures has led a US$10 million series A round in Duocaitou, a Chinese crowdfunding platform focused on hotel and …
China Growth Capital Leads $29M Round In Agriculture E-commerce Firm Dafengshou
Orchid Asia Group and China Growth Capital have led a RMB200 million (US$29 million) series B round in agriculture e-commerce …
Chinese Co-Working Space Start-Up Bigger Raises $18M In Series A Round
Bigger, a start-up incubator and co-working space company backed by Chinese real estate developer Modern Land China Co., Ltd., has …
Tencent Leads $600 Million Series E Financing Round In Mobike
Chinese bike rental firm Mobike has raised over US$600 million in a series E financing round led by Tencent Holdings …
Sequoia Leads Series A Round In Chinese Internet Security Firm Dingxiang
Sequoia Capital China has led a series A round in Dingxiang Technology, a Beijing-based Internet security systems developer, according to …
Sequoia Leads $400M New Round In Chinese Used-Car Trading Firm Guazi
Sequoia Capital China has led a US$400 million series B round in Guazi.com Inc., a Chinese online used car trading …
Tencent-Backed Canadian Start-Up Element AI Raises $102 Million
Element AI, a Canadian artificial intelligence company backed by China's Tencent Holdings Ltd., has raised US$102 million in new funding …
China's Bike Rental Firms Mobike, ofo Are Raising Nearly $1 Billion In Fresh Funding
As city streets in China become a theater for the current venture capital-fueled bike rental start-up frenzy, the two biggest …
China Growth Capital Leads $15M Round In Open-Source Database Firm PingCAP
Chinese venture firm China Growth Capital has led a US$15 million series B financing round in PingCAP, a Beijing-based start-up …
Matrix Partners Joins $15M Round In China's Ferris Wheel Ticketing
Chinese venture capital firm Blue Lake Capital has led a US$15 million series B round in online ticket sales platform …
QF Capital Joins $14M Round In Chinese Inner-City Logistics Firm UUPaotui
Chinese venture capital firms QF Capital and Tianming Capital have led a RMB100 million (US$14 million) series A+ round in …
Taiwan's Neoglory Group Leads $29M Round In Chinese Apartment Rental Firm
Neoglory Group, a Taiwan-based conglomerate with real estate and investment businesses, has led a RMB200 million (US$29 million) series B …
Gobi Partners Leads $7M Round In Chinese Agriculture Drone Sharing Start-Up
The sharing economy continues to attract venture funding in China. In the latest move, Chinese venture capital firm Gobi Partners …
Legend Capital Leads $17M Round In Chinese Aesthetic Medical Firm PhiSkin
Legend Capital has led a RMB120 million (US$17 million) series B round in PhiSkin, a Shanghai-based aesthetic medical and beauty …
Do-Fluoride Chemicals Leads $19M Round In Chinese EV Sharing Firm Yibuyongche
Do-Fluoride Chemicals Co., Ltd., a Shenzhen stock exchange-listed inorganic fluorine chemical company, has led a RMB135 million (US$19 million) series …
CASH Capital Leads $14M Round In Chinese Cloud Service Firm SpeedyCloud
Beijing-based CASH Capital (Beijing) Investment Management Co., Ltd. has led a RMB100 million (US$14 million) series B round in SpeedyCloud, …
Shunwei Joins $14M Round In Chinese Autonomous Driving Start-Up AI-Drive
Shunwei Capital, co-founded by Chinese billionaire entrepreneur Lei Jun, has joined a RMB100 million (US$14 million) series A round in …
China's National SMEs Fund Leads $14M Round In Neigou.com
China's National Small and Medium-size Enterprises Development Fund has led a nearly RMB100 million (US$14 million) series B round in …
Northern Light Joins Round In Chinese Autonomous Driving Tech Start-Up Qingzhi
Northern Light Venture Capital, Legend Star, and Longjitaihe Group's Harmony Fund have led an angel round worth tens of million …
Chinese Online Steel Transaction Platform Ouyeel Raises $140M
Ouyeel, an online steel transaction platform established by Shanghai-based state-owned China Baowu Steel Group Corp., Ltd., has raised over RMB1 …
Sequoia Leads Funding Round In Chinese Online Reading Firm Zongheng Literature
Sequoia Capital China and Perfect World, a Beijing-based culture and entertainment group, have led a new funding round in Zongheng …
OrbiMed Asia Leads $19M Series B Round In Biotech Start-Up InventisBio
Healthcare-focused investment firm OrbiMed Asia Partners has led a US$19 million series B round of financing in InventisBio, a biotech …
New Oriental Education Leads $13M In Chinese Children's Stories Content Start-Up
New Oriental Education & Technology Group Inc. has led a RMB90 million (US$13 million) funding round in Kaishuo Jianggushi, a …
GSR Capital In Talks To Acquire Nissan's Lithium-ion Battery Unit For $1B
GSR Capital, a technology investment house with offices in Hong Kong, Beijing and Palo Alto is in talks to acquire …
JOY Capital Leads $20M Round In Chinese Co-Working Space Mydream+
JOY Capital, a venture firm founded by three ex-executives of the venture arm of Legend Holdings Ltd., has led a …
SAIF Partners Joins $30M Round In India's First Online-Only Insurance Firm Acko
SAIF Partners and Accel Partners have joined a US$30 million seed round in Acko, India's first online-only insurance company. It …
Chinese Biopharma Firm CANbridge Life Sciences Raises $25M In Series B Round
Chinese biopharmaceutical company CANbridge Life Sciences has raised US$25 million in a series B round from lead investor Lapam Capital, …
Sequoia Leads Near $10M Round In Medical Artificial Intelligence Start-Up VoxelCloud
Sequoia Capital has led a near US$10 million series A round in VoxelCloud, a Los Angles-based artificial intelligence start-up with …
CASH Capital Leads New Round In Chinese Big Data Firm Boray Data
Beijing-based CASH Capital (Beijing) Investment Management Co., Ltd., an investment arm of the Chinese Academy of Science Holdings, has led …
GSR, Banyan Join Funding Round In Chinese Deep Learning Firm DeePhi Tech
Beijing-based deep learning platform developer DeePhi Tech has raised a series A financing round worth tens of millions of U.S. …