Well-Link, a Chinese cloud gaming services provider, announced that it has completed a B2 round of financing totaling $40 million yuan, led by Temasek.
Qidi, a smart glasses manufacturer, announced on September 13 that it has completed an angel round of financing totaling 100 million yuan ($14.4 million), with investment from Joy Capital, Matrix Partners and Meridian Capital.
Mi Camera Glasses, a product of Xiaomi’s Mijia ecosystem, announced over-the-air upgrades on September 10, providing support for new functions such as animal and plant identification.
Vastai Technologies, a Chinese high-end chip design company, released a series of new products on September 3 at the 2022 World Artificial Intelligence Conference (WAIC), and unveiled the SG100, a 7nm cloud GPU chip.
Tusk, an unmanned forklift robotics company, has received three rounds of financing totaling several hundred million yuan, following investment by Engage Capital, ZhenFund and 01VC.
Mogulinker, an AIoT SaaS service provider based on the industrial Internet, announced on September 2 that it had completed the C1 round of financing worth more than 100 million yuan ($14.5 million).
Volcano Engine, a cloud services platform owned by ByteDance, reached a formal cooperation agreement on August 31 with Autra Tech, a leading logistics enterprise for autonomous driving trunk lines.
Uniner Technology, a cloud-native robotic process automation (RPA) manufacturer, has secured round-A financing, jointly led by Sky9 Capital and Haochen Capital.
Suzhou-based chip design company Yige Technology, also known as EagleChip, announced on August 31 its completion of angel investment totaling 286 million yuan ($41.5 million).
Demeter Bio-Tech (Zhuhai) Co., Ltd., a microalgae product synthesis enterprise, has recently completed a pre-A round of financing totaling nearly 100 million yuan ($14.50 million).
Nreal, an augmented reality technology startup, announced on August 25 that it has received strategic investment of $15 million from IICOMBINED, the parent company of South Korean sunglasses brand Gentle Monster.
Zilliz, a vector database company, announced on August 25 its completion of a B+ round of financing totaling $60 million, increasing its overall round-B funds $103 million.
On August 25, Bibst (Shanghai) Automotive Electronics Co., Ltd., also known as BIBO, announced its completion of nearly 100 million yuan ($14.6 million) in a pre-A round of financing.
NewBanker, a provider of digital solutions for wealth management, announced on August 24 that it had secured funding from a firm owned by CICC Capital, with Yuanhe Capital as the exclusive financial adviser.
Virtual power plant operations and technology provider Vpptech has completed a pre-A round of financing worth tens of millions of yuan, following joint investment by Sequoia China Seed Fund and China Merchants Venture.
DeepWay, a smart new energy truck company, announced on August 23 that it has secured 460 million yuan ($67.19 million) in Series A financing. This is the first round of external financing for DeepWay.
Thinking Data, a provider of big data analysis services for the game industry, has completed a C+ financing round worth 100 million yuan ($14.65 million), featuring investment from GGV Capital.
IC Bench, a semiconductor technology company, announced on August 19 that it had completed the pre-A round financing, led by Intel Capital, and followed by Primarius and Lenovo Capital and Incubator Group.
Marvel-Tech, a hydrogen gas turbine brand, has recently completed a pre-A round of financing totaling nearly 50 million yuan ($7.3 million), led by Fortune Capital and followed by Shunwei Capital and Zizhu Seedlings Fund.
