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 …