AI Top 50 2018 – 970×90 CN


New Horizon Leads $36M Series B In Zhaosuliao.Com

Guangzhou city, Guangdong province-based online plastic trading platform Zhaosuliao.com has completed US$36 million series B financing led by New Horizon Capital, according to Chinese media reports. GX Capital, Qiming Venture Partners, IDG Capital Partners, and Zhenshun Fund also participated in the round.

New Horizon Leads $80M Series B+ Round In Wacai

Hangzhou-based Chinese personal finance bookkeeping and management app maker Wacai has received US$80 million series B+ financing round led by New Horizon Capital, according to an announcement posted on the company’s Weibo account. Ally Bridge Group, GX Capital, as well as existing investors China Broadband Capital, China International Capital Corporation (CICC), IDG Capital, CDH Investments and Qiming Venture Partners all participated.

Costone Venture, GX Capital Lead $21M Series B In 91160

Chinese online healthcare services platform 91160 has completed RMB130 million (US$21 million) series B funding from Shenzhen Costone Venture Capital and GX Capital, according to Chinese media reports. Founded in 2015, 91160 previously raised RMB5 million angel investment in 2012, and RMB25 million series A funding in 2014, both from Shenzhen-based QF Capital. 91160 currently has registered doctors of over 200,000, with over 10 million registered users.

Qiming Leads $49.5M Series C In Chinese O2O Firm Helijia

Beijing-based consumer service O2O (online-to-offline) platform Helijia has completed US$49.5 million series C round of financing led by Qiming Venture Partners, according to a Wechat post published by its founder. New investors, Maison Capital and GX Capital, as well as existing investors IDG Capital Partners and Broadband Capital, also participated. Founded in 2014, Helijia connects consumers with service providers via its mobile apps. Consumers can reserve and enjoy manicure, facial, hair styling services at home.

Legend Capital Leads $100M Series C In UCloud

Shanghai-based cloud computing service provider UCloud has completed US$100 million series C round of financing led by Legend Capital, according to a company announcement. VMS Legend Investment Fund, DCM, Bertelsmann Asia Investments, and GX Capital also participated. The company says it will use the proceeds on technology development, hiring new talents, marketing, and expanding into international markets.