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Investment

China’s Forebright Capital Leads $30M Series B Round In Cloud Networking Start-Up

Zenlayer, a Los Angeles and Shanghai-based software-defined network and cloud services provider, announced on Thursday that it has raised US$30…

Chinese Fintech Solution Provider Fudata.cn Raises Nearly $14M In Series Pre-B Round

Chinese fintech solution provider Fudata.cn has raised nearly RMB100 million (US$14.25 million) in a series pre-B round of financing, the…

Ant Financial Leads Nearly $40M Series A Round In Chinese ETC-Focused Data Start-Up

Xinlian Payment, a Chinese big data platform offering electronic toll collection (ETC) devices, announced on Tuesday that it has raised…

WeChat Pay, Alipay Partner QFPay Gets $20M Eyeing Asian Market

Beijing-based digital payment start-up QFPay announced on Tuesday that it has closed US$20 million in a new funding round led…

Chinese Computer Vision Start-Up Simshine Raises $8M Pre-A Round

Simshine, a Chinese artificial intelligence (AI) start-up focused on embedded computer vision technology, has raised US$8 million in a series…

Morningside Backs Chinese Low-Code Platform Start-Up ClickPaaS In Series A Round

Chinese low-code platform developer ClickPaaS has raised millions of U.S. dollars in a series A round of financing from the…

Chinese Online Q&A Platform Zhihu Nets $434M In Largest Funding Round

Zhihu, the largest question-and-answer platform in China, announced on Monday that it has secured US$434 million in a series F…

Chinese Biotech Start-Up Stemirna Therapeutics Raises $14M Series A Round

Stemirna Therapeutics, a Chinese biotech start-up focusing on RNA technology-based drug development, has raised nearly RMB100 million (US$14.16 million) in…

Chinese AIoT Solution Provider Terminus Closes $283M Series C1 Round

Chinese internet of things (IoT) solution provider Terminus Technologies announced on Monday that it has raised RMB2 billion (US$283.12 million)…

Legend Capital Invests In Chinese Cargo Transportation Start-Up Yungehuo

Chinese cargo transportation service platform Yungehuo announced on Monday that it has closed RMB100 million (US$14.15 million) in a series…

Chinese Fresh Food E-Commerce Platform FreshMarket Gets $35M In Series C+ Round

FreshMarket, an online fresh food ordering platform, has completed RMB250 million (US$35.46 million) in a series C+ round of financing…

Chinese Clinical-Stage Innovative Drug Developer Kangpu Raises Nearly $14M

Chinese clinical-stage innovative drug developer Kangpu Biopharmaceuticals unveiled on Friday that it has raised nearly RMB100 million (US$14.18 million) in…

Baidu Injects $30M Into Tencent-Backed Firm For Mini-Program Development

Chinese e-commerce service provider Youzan announced on Thursday that its affiliate Qima Holdings has raised US$30 million from Baidu to…

KPCB Leads $30M Series B Round In Chinese 3D Printing Service Provider

Chinese 3D printing service provider LuxCreo has raised US$30 million in a series B round of financing led by American…

Genesis Capital Invests $60M In Chinese B2B Auto Spare Parts E-Commerce Platform

Kzmall.cn, a Chinese business to business (B2B) e-commerce platform for automobile spare parts, announced on Thursday that it has secured…

Chinese Biomedical CRO Biocytogen Raises $77M In Series D Round

Biocytogen, a biomedical contract research organization (CRO) specialized in gene-targeted animal models and services, announced on Thursday that it has…

Computer Vision Start-Up Clobotics Gets $22M Serving Retail, Wind Power Firms

Clobotics, a Chinese intelligent computer vision solutions developer, has raised US$22 million in a series pre-B round of financing led…

Hong Kong-Based Personal Finance Platform CompareAsiaGroup Raises $20M

British information services provider Experian announced on Tuesday that it is leading a US$20 million investment for the first close…

Chinese Audio Books Platform Lazy Online Raises $14M In New Round

Chinese audio books platform Lazy Online Ltd has raised about RMB100 million (US$14.2 million) in a new round of financing…

Chinese AI Chips Developer WITINMEN Closes $14M Series A Round

Chinese artificial intelligence (AI) chips and system solutions provider WITINMEN has closed nearly RMB100 million (US$14.22 million) in a series…

BAI Backs Chinese Textile Industry-Focused SaaS Provider Youshupai

Youshupai, a Chinese technology start-up providing software as a service (SaaS) products for the textile industry, announced on Tuesday that…

Chinese EV Start-Up Leap Motor Enters Unicorn Club After $51M Fresh Funds

Chinese electric vehicle (EV) start-up Leap Motor announced last week that it has raised RMB360 million (US$51.85 million) in a…

GGV Capital Leads Series D Round In Chinese IoT Technology Developer Sensoro

Sensoro, a Chinese internet of things (IoT) technology developer, has completed a series D round of financing led by global…

Chinese E-Commerce Unicorn Jollychic Gets $65M Serving MENA Consumers

Jollychic, a Chinese e-commerce platform mainly serving Middle East consumers, announced on Monday the completion of a series C+ round…

Qiming, Legend Capital Back Chinese Dental Medical Services Provider

Bondent Technology, an integrated service platform for dental medical institutions in China, announced on Friday the completion of a series…

Chinese VC Firm K2VC Backs US Co-Living Start-Up In $10M Series B Round

Tripalink, a Los Angeles-based start-up focusing on building co-living communities, has raised US$10 million in a series B round of…

Hongtai Capital Backs Chinese Biopharma Firm Qyuns Therapeutics In Series B Round

Chinese biopharmaceutical firm Qyuns Therapeutics has raised several hundred millions of yuan in a series B round of financing led…

Hongtai Capital Leads $14M Series A+ Round In Chinese Pharmaceutical Firm

Chinese pharmaceutical firm CGeneTech has raised over RMB100 million (US$14.52 million) in a series A+ round of financing led by…

Chinese Aerial Work Start-Up Zhongneng United Unveils $217M Fresh Funds In 2019

Zhongneng United, a Chinese aerial work platform equipment rental company, announced on Tuesday that it has raised RMB1 billion (US$145.26…

CDH Investments, New Oriental Back Chinese Online Education Platform In Series C Round

Jiayou Xueba, a Chinese K12 online education platform, has raised several hundred millions of yuan in a series C round…

Joy Capital Leads $14M Fresh Round In Chinese Mobile VR/AR Start-Up NOLO VR

NOLO VR, a Chinese start-up specialized in the field of mobile virtual reality (VR) and augmented reality (AR) interaction, announced…