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.
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 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).
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.
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.
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.
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.
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.
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.