Lithium-ion battery developer Hengtron Nanotech announced on July 19 that it has completed pre-A round financing of over 100 million yuan ($14.8 million).
BioHandler, a Shanghai-based life sciences tech startup, announced on July 18 that it has completed its first round of financing totaling nearly 100 million yuan ($14.8 million). This financing was jointly led by Proxima Ventures and GL Ventures.
Beijing-based tech giant and TikTok owner ByteDance has recently ventured into the life sciences sector. Last October, the firm invested in biotech startup Shuimu BioSciences.
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.
A signing ceremony was held in Wuhan, China on July 12, during which NIO-backed Weineng Wuhan Battery Asset Co., Ltd. entered into cooperation agreements with upstream and downstream partners across the industrial chain.
Shuzi Lichang, a metaverse-based digital assets technological services provider, has received tens of millions of yuan in angel-round financing from Baidu Ventures, which will be used for the underlying technologies related to virtual assets.
Beijing-based tech startup WhaleOps announced its completion of a new round of financing on July 14, led by Kaitai Capital and followed by its angel round financing investor BlueRun Ventures.
Iluvatar CoreX, a Chinese provider of general GPU chips and high-performance computing systems, announced on July 13 that it had completed C+ and C++ rounds of financing totaling over 1 billion yuan ($148.68 million).
Lanli Energy, a Chinese mobile energy services provider, announced on July 12 that it has received tens of millions of yuan in angel-round financing, led by BlueRun Ventures.
Lotmaxx, a consumer-grade 3D printer company, announced recently its completion of a pre-A round of financing worth tens of millions of yuan, led by GeniLink Capital.
Inbisen, a supplier of analog mixed signal chips, announced on July 8 that it had completed an A+ round of financing worth nearly 100 million yuan ($14.9 million), led by Golden China Fund and Huoyan Capital.
Sunmei, a Chinese hotel chain, announced a series of upgrades on July 7. It has reached strategic cooperation agreements with Tuya Smart, Meituan and Tencent to help achieve these upgrades.
Haawking, a Chinese digital signal processor firm, has recently announced its completion of round-A financing totaling nearly 100 million yuan ($14.9 million).
TimePlus, a real-time data analysis infrastructure platform with streaming data as the core, announced on July 8 its completion of seed-round financing led by GL Ventures.
Flagchip, a developer of high-end controller chips for automobiles, announced on July 7 that it has completed several hundred million yuan in round-B and a strategic round of financing.
AkuSense, a provider of industrial smart sensor solutions, announced on July 5 that it had closed a Series A+ financing round worth nearly US$10 million with Shunwei Capital as the leading investor.
