Startups Archives - Page 4 of 113

Yinguan Semiconductor Secures Over 200 Million Yuan in Strategic Financing

On August 18, Yinguan Semiconductor announced that it held a strategic financing completion event at its Shanghai base. This round of financing was led by CCB Investment and Juntong Capital.

RISC-V Processor IP Provider Nuclei Technology Secures New Funding

Nuclei Technology, a provider of RISC-V processor IP and related overall solutions, announced on August 18 that it has completed a new round of financing totaling several hundred million yuan.

Chip Technology Firm Sandtek Secures 100M Yuan in Fresh Capital

Sandtek Corporation, a developer of semiconductor equipment and accessories, has recently completed financing of 100 million yuan ($14.7 million). Investors were Hillhouse Capital, FWI Capital and Guangdong Hengyitai Fund.

Medical Services Provider Dingdang Health Passes HKEx Listing Hearing

According to a document disclosed by the Hong Kong Stock Exchange (HKEx) on August 17, Dingdang Health, a digital medical services provider, has passed its listing hearing. Its sponsors are CICC and CMB International.

Sunwoda EVB Completes $886M Financing Round

Sunwoda Electric Vehicle Battery Co., Ltd. (Sunwoda EVB), a subsidiary of Chinese firm Sunwoda, has completed a new round of financing totaling 6 billion yuan ($886 million).

Bianlifeng Denies Mass Store Closure

In response to rumors that "Bianlifeng sees wave of store closures", the Chinese convenience store chain startup told the domestic media on August 16: "There is no tide of store closures. The stores affected by the pandemic are gradually resuming business."

Chinese Data Security Firm CyberServal Completes Round-A Financing

On August 16, Chinese data security startup CyberServal announced its completion of round-A financing, garnering tens of millions of yuan.

Global E-Commerce SaaS Firm Dianxiaomi Secures $110M in Round-D Financing

Global e-commerce SaaS platform Dianxiaomi announced on August 16 its completion of round-D financing totaling $110 million, led by Sequoia China and Softbank Vision Fund II.

SAIC Mobility Valued at $1B After Round-B Financing

SAIC Mobility, a strategic brand of mobile travel under Chinese automotive giant SAIC, announced on August 15 that it has completed round-B financing totaling over 1 billion yuan ($14.7 million), with investment by SAIC, Momenta and other institutions.

Micro-LED Chipmaker Sitan Technology Secures Several Financing Rounds

Shenzhen-based Sitan Technology has completed several rounds of financing. The investors include China Fortune-Tech Capital, Xiaomi Industrial Investment Management Co., Ltd., and others.

Xiaomi Invests in Automobile Resistor Manufacturer GiantOhm

On August 10, GiantOhm, an automobile resistor manufacturer, adding as a shareholder Beijing Xiaomi Zhizao Equity Investment Fund Partnership (Limited Partnership), a company associated with Xiaomi Group.

Forking VR Receives Tens of Millions of Yuan in New Investment

On August 15, Shanghai-based VR content production company Forking VR announced its completion of a pre-A round of financing totaling tens of millions of yuan, with investment from Sequoia China Seed Fund.

ByteDance-Linked Jinqiu Venture Capital Completes First Investment

Jet Commerce, a Jakarta-based one-stop e-commerce services provider, announced on August 10 its completion of round-B financing exceeding $60 million. Its lead investor Jinqiu Venture Capital has a strong relationship with TikTok's parent company, ByteDance.