Chinese venture capital firm Tiantu Capital has led a RMB290 million (US$44 million) new funding round in FreshMarket, an online fresh food ordering platform.
Shenzhen-based venture firm Youjin Capital and Jiangsu One Belt One Road Investment Fund have led a RMB500 million (US$73 million) series C+ round in Chezhibao, a Nanjing city-based Chinese used-car auction platform, the company announced today.
Asian alternative investment management firm PAG has led a US$100 million series C round in Chinese used-car online auction platform Chezhibao, the company announced today.
Zhejiang-based Tianma Bearing Group Co., Ltd. and Southeast University Education Foundation have invested RMB140 million (US$20 million) in a series B+ round in Diyi Chedai, a Shanghai-based auto lending start-up.
Addor Capital has teamed up with Youjin Capital to lead a RMB360 million (US$52 million) series B round in Diyi Chedai, a Shanghai-based auto lending start-up. Matrix Partners China, Yixin Investment Fund and 360 Finance also participated in the round, which is still on going and has not officially closed, the company said.
China’s Addor Capital has led a US$70 million new round of financing in Holaverse, a Shanghai-based developer of popular Android OS applications that helps users customize their mobile devices, according to a company announcement.
Shanghai-based online travel agency Travelzen has raised RMB600 million (US$92 million) series C funding round from Chinese investors and plans to exit via an initial public offering on domestic exchanges, according to a company announcement (in Chinese).
Shanghai-based FineEx, a comprehensive logistics services provider, has completed RMB200 billion (US$32 million) new round of financing from Chinese logistics firm Transfar and Addor Capital.
Shanghai-based ImbaTV, a live video broadcast platform focused on competitive video gaming, has completed RMB100 million (US$16 million) series B round of financing led by Chinese private equity firm Addor Capital, according to Chinese media reports.