Last week saw two prominent Chinese VC funds – Future Capital and Qiming Venture Partners – raise new US dollar funds.
TagChina VC Weekly
Last week saw a fundraising announcement from the Singapore-based Chinese language learning platform LingoAce. Guangzhou-headquartered agricultural drone maker Jifei Technology raised a record $182 million.
AI startup Emotibot raises 200 million Series C round.
Gracell Biotechnologies raises $100 million in Series C round.
Chinese esports ‘total solutions provider’ VSPN (Versus Programming Network) has raised close to $100 million in its latest Series B round of financing.
Chinese smart EV manufacturer ENOVATE announced on Wednesday that it has completed its latest funding round, raising nearly 5 billion yuan ($742 million).
Capsule-size endoscope tool maker Jifu Medical completes Series C round of financing.
Chinese electric vehicle maker WM Motor has completed a 10 billion yuan D round of financing
Private space launch firm LandSpace bags $172 million
China Renaissance’s Huaxing Growth Capital raises new $600 million fund
Qualcomm-backed Nreal, announced the completion of a $40 million B1 round of financing led by the Chinese short-video giant and TikTok nemesis Kuaishou.
Alibaba invests in O2O beauty services provider Helijia.
Artificial meat company Starfield nets a $10 million series A, who currently offers nearly 20 artificial meat product titles.
Chinese Tencent-backed insurance tech company Waterdrop Inc. announced that it has raised roughly $200 million at a valuation of approximately $2 billion, according to sources familiar with the matter.
Chinese unmanned retail solution provider SandStar announced that it has raised hundreds of millions of yuan in a series B+ round of financing.