Lenovo Group Ltd. has teamed up with China Electronics Standardization Institution to launch an Industrial Big Data Application Alliance to support the utilization of industrial big data.
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.
Fidelity International has led a series D round worth tens of millions of U.S. dollars in Jiguang, a Shenzhen-based big data service start-up focused on providing user activity analysis for mobile app developers and marketers.
Beijing-based CASH Capital (Beijing) Investment Management Co., Ltd., an investment arm of the Chinese Academy of Science Holdings, has led a series B round worth tens of millions of U.S. dollars in Boray Data, a Beijing-based real-time big data solutions provider.
Alibaba Group Holding Ltd has formed a strategic partnership with German industrial manufacturer Bosch Group GmbH to develop interconnected smart devices, strengthen collaboration in big-data-based digital marketing and omnichannel retailing.
Tencent Holdings Ltd. has led a RMB235 million (US$34 million) series C round in Shanghai-based Transwarp Technology Co., Ltd, a Chinese big data software developer and service provider.
China Merchants Venture Capital Management Co., Ltd., the venture unit of China Merchants Group, Forebright Capital, a former investment unit of China Everbright Ltd. and venture firm SIG have led a US$80 million series C round in Wecash, a Beijing-headquartered big data-based credit assessment company.
DCM Ventures has led a US$11 million series B round in Beijing-based Sensors Data, a big data analysis company, according to a company announcement.
Bojiang Capital Management Group, a Shanghai-based investment firm, has led a series B financing round in Hejin Online, a Beijing-based big data company focused on the insurance industry, according to a company announcement.
Shunwei Capital and Baidu Ventures have joined a US$10 million series A round in Beijing-based big data solution provider Shumei Technology, according to Chinese media reports.
China Development Bank’s private equity arm, China Development Bank Capital Corporation Ltd. (CDB Capital), and Singapore-based Global Logistic Properties Ltd. (GLP) have completed a US$45 million strategic investment in Beijing-based logistics big data company G7.
Shenzhen Capital Group Co., Ltd. has teamed up with the Suzhou government and other entities to launch a big data-focused government guidance fund with a total fundraising target of RMB5 billion (US$732 million).
The closing months of 2016 have been kind to Qiming Venture Partners. The US$2.7 billion-under-management Chinese venture capital firm saw three of its portfolio companies list in public markets during the past month: in Shanghai, Taiwan and Hong Kong.
Chinese mobile data service firm Juhe.cn, backed by CMC Capital, has raised RMB360 million (US$52 million) in a series C financing round led by Qiu Jianqiang Qiu, vice chairman of Zhejiang Semir Garment Co., Ltd, according to a company announcement.
EZParking, a Chinese big data start-up focused on facilitating smart car parking, has completed a RMB90 million (US$13.3 million) new funding round led by Hangzhou-based agricultural material and trading company, ZJAMP Holding Group.
Sequoia Capital China has led a RMB200 million (US$30 million) series B round in big data solutions provider MiningLamp, according to Chinese media reports.
A unit of Tencent Holdings Ltd. has led a RMB200 million (US$30 million) series C round in Yonghong Tech, a Chinese big data analytics firm, according to Chinese media reports.
Eight Roads Ventures, formerly Fidelity Growth Partners, F-Prime Capital Partners, formerly Fidelity Biosciences, and Ping An Ventures have invested tens of millions U.S. dollar in a series B round in Chinese oncology big data firm Sipai Wangluo, according to Chinese media reports.
Chinese logistics big data firm G7 has completed a US$45 million series C+ round of funding from Tencent Holdings Ltd., Singapore’s sovereign wealth fund Temasek Holdings and Eastern Bell Venture Capital, according to Chinese media reports.
Legend Capital has led a US$30 million series C round in a big data start-up founded by a former executive at Baidu Inc., according to Chinese media reports.
Cathay Innovation, a venture capital fund affiliated with Sino-Europe private equity firm Cathay Capital Private Equity, has co-led a US$35 million financing round in U.S. data wrangling firm Trifacta, according to a company announcement. Existing investors Accel Partners, Greylock Partners and Ignition Partners also joined the round, which brings the start-up’s total venture fundraising to over US$76 million. The company, based in San Francisco, says it will use the proceeds for product development and global expansion. Trifacta enhances the value …
Suzhou, Jiangsu province-based mobile data service firm Juhe.cn has completed RMB218 million (US$34 million) series B round of financing led by China Media Capital, according to a company announcement.
Beijing-based big data technology developer and service provider Baifendian Corporation has completed RMB400 million (US$63 million) series D financing led by Everbright Securities.
Sichuan province-based big data firm BusinessBigData has received RMB100 million (US$16 million) series B round of financing from Sinolink Securities Co., Ltd, CDH Investments and another unidentified investor, according to Chinese media reports. The company previously received an undisclosed series A round from Shenzhen Fortune Venture Capital Co., Ltd. in April, according to its website.
Taiwan-based video big data and analytics technology firm Gorilla Technology Group has received an undisclosed series C round of funding from Telstra Ventures, the investment arm of Australian telecommunications and information services company, Telstra, according to a company announcement. The deal gives Telstra Ventures a minority stake in Gorilla, which plans to use the investment to enhance its core video big data and analytics platform, and strengthen its sales and marketing presence worldwide.
Beijing-based online credit rating platform Wecash has completed US$20 million series B financing led by SIG Ventures, according to Chinese media reports. The round reportedly values the company, which was established ten months ago, at US$100 million. In July 2014, the company received RMB40 million (US$6.6 million) series A financing from IDG Capital. Founded in April 2014, Wecash is a credit rating system based on big data technology. As of January 2015, the company has eight million registered users.
New York Stock Exchange-listed Chinese social networking firm Renren Inc. has led a US$10 million series B financing in Washington, D.C.-based big data legislation forecast start-up FiscalNote, Inc., according to a company announcement. Existing investors Visionnaire Ventures, New Enterprise Associates, Yahoo co-founder Jerry Yang’s AME Cloud Ventures, former CEO of America Online Steve Case, and billionaire entrepreneur Mark Cuban also participated in the round.
Asia-focused venture capital firm Arbor Ventures has held a first close of US$100 million for its maiden fund, according to media reports. The fund has a fundraising target of US$125 million, and is expecting a final close next April. The International Finance Corporation is committing up to US$10 million into the fund, according to a memo posted on IFC’s website.
Beijing-based big data technology developer and service provider Baifendian Corporation has received US$25 million in series C financing, according to the company’s announcement. Details of the round’s investors are not disclosed. Baifendian previously received US$10 million series B financing from Zhejiang Shinkansen Media Investment and IDG Capital Partners in July 2013. Two years before that, Baifendian received US$7.2 million series A financing from IDG Capital Partners and Mingxin China Growth Fund, according to the company’s disclosures. The proceeds from the …