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Xiaohongshu's possible Series E, US-based food delivery company seeing a surge in contactless takeaway orders, a Chinese ed-tech startup providing online research counseling, a medical diagnostic company and a major local hotel chain.
In last week’s VC news, pharmaceutical firm Stemirna Therapeutics raises roughly $188 million for COVID vaccine trials, Xiaomi-backed fund invests in autonomous driving startup Zongmu Technology shortly after the company announced a foray into the EV market, supply chain information startup Xforceplus closes $200 million Series C round.
AI startup Emotibot raises 200 million Series C round.
In last week’s VC news, a diverse cohort of Chinese startups raised considerable capital across industries spanning tax automation, fintech, mobility, robotics and more.
In last week’s VC news, integrated circuit chip developer SJ Semiconductor has raised $300 million in a Series C round to expand R&D investment, and more.
In last week’s China VC news, food tech startup Moodles raised a pre-Series A round, data intelligence firms Guandata bagged $44 million in Series C round, and more!
China VC Weekly reports the updated investment information in fields of Chips, Biotech, Cleaning Robots and Car Rental.
OnePlus co-founder Carl Pei on Jan. 27 announced the establishment of his London-based new consumer technology startup Nothing, which obtained $7 million in fresh capital last December.
Last week saw two prominent Chinese VC funds – Future Capital and Qiming Venture Partners – raise new US dollar funds.
Global financial markets are struggling, having been crippled by the COVID-19 epidemic and the amount of VC deals has noticeably decreased.
In last week’s VC news, Chinese AR platform provider HiAR raised $42 million in its recent Series C round of financing, German-Chinese robotics firm Agile Robots raked in a whopping $220 million, and more.
In last week’s VC news, online medical platform Dingdang Health raises $220 million to expand its O2O strategy, lidar-maker Hesai closes a considerable Series D followed by a hefty Series C round raised by autonomous driving chip-maker Horizon robotics, while Tencent invests in a German online brokerage.