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LNGIN Technology, a Hangzhou-based holographic technology company, announced on Monday that it has completed round-A+ financing totaling nearly 100 million yuan ($14.95 million).
In last week’s VC news, Chinese new retail cosmetics powerhouse HARMAY raised a considerable investment round, Sequoia Capital China launched a new infrastructure fund and more.
Xi'An Bonray Integrated Information Electronics Co., Ltd. (Bonray), announced that it had completed a round D financing totaling several hundred million yuan.
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.
X-Epic, a leading enterprise in EDA (Electronic Design Automation) industrial software technology, announced that it had completed several hundred million yuan in a Pre-B round of financing.
LinearX, a smart driving platform software company, announced on July 28 that it has completed a pre-A round of financing exceeding 100 million yuan ($14.82 million).
The DJI Automotive is seeking external financing, with an estimated valuation of up to $1.5 billion.
Food delivery platform beU delivery has completed seed round financing worth several million dollars, led by Y Combinator.
31 metaverse-related enterprises have announced new financing in the first quarter of 2022 (up to April 9), raising a total amount of $475 million.
On Wednesday, silicon wafer developer startup Gokin Solar announced the completion of its round A financing worth 1.6 billion yuan ($251.34 million).
Zbeetle, a home service robot company, has completed two rounds of financing. The overall financing was over 100 million yuan ($16 million).
It was reported that Genki Forest "is nearing completion of a new round of financing, with a target valuation of $14-15 billion, which is more than doubled compared with the previous round of $6 billion."