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Alibaba Group’s financial services affiliate Ant Financial is preparing to raise $1 billion for a fund that will invest in fintech startups in Southeast Asia and India.
Chinese automated driving computer chip company Black Sesame Technologies announced it has obtained strategic investment from Boyuan Capital, a subsidiary of leading global tech and engineering firm Bosch Group.
Shanghai-based tech firm Biotree has completed round-A financing, garnering nearly 100 million yuan ($14.79 million). The round featured exclusive investment from Qiming Venture Partners.
Happycow Handmade, a dessert baking chain brand, has completed an A-round of financing worth nearly $10 million, with Shun Shunwei Capital as the exclusive investor.
Chinese bike-sharing company ofo announced the completion of its series E2-1 round of financing led by e-commerce giant Alibaba, raising $866 million. Haofeng G...
Recently, Tanglang Huishi Technology Co., Ltd. announced the completion of round A financing in which it secured 138 million yuan ($22 million), led by Shang Tang AI Fund.
Deemos, a digital character technology company, has recently completed a pre-A round of financing, led by the Sequoia China Seed Fund and Miracle Plus.
Xiaohongshu, a Chinese lifestyle sharing platform, recently completed a new round of financing worth $500 million, led by Temasek and Tencent.
Tang En Technology, a commercial-use cleaning robot company, has recently completed tens of millions of yuan in an angel round and pre-A round of financing, with Country Garden Venture Capital serving as lead investor.
Enjoy Move, an intelligent driving high-performance computing software platform, announced on July 28 its completion of B1-round financing totaling nearly 100 million ($14.8 million).
Super Camel, an intelligent freight services platform, announced it has obtained nearly $10 million in pre-A round financing. The lead investor was BlueRun Ventures and the co-investor was Chuxin Capital.
Hongsong, an online interest community for middle-aged and elderly Chinese people, announced that it had recently obtained financing worth 100 million yuan.