Meituan Invests in Sodium-Ion Battery Developer Chaona New Energy
Beijing-based life services e-commerce platform, Meituan, had one of its subsidiaries invested in Huzhou Chaona New Energy, with a shareholding ratio of 10%.
12/6/20223 min read
Tag: #financing
Showing 12 of 829 posts with this tag
Agilines Scores Tens of Millions of Yuan in Seed Round Financing Led by Lightspeed China
Digital platform developer Agilines recently announced its completion of a seed round of financing worth tens of millions of yuan, led by Lightspeed China Partners.
1/17/20222 min read
Utopia Labs Announces $23M Series A Financing led by Paradigm
Utopia Labs, a payroll and expense management system built to integrate directly with multisig crypto wallets, announced on May 29 that it had closed a $23 million Series A funding round led by Paradigm.
6/1/20222 min read
Geely Invests in Semiconductor Firm Jingneng Microelectronics
Maijie Investment, a subsidiary of Chinese automaker Geely, added a new entity to its portfolio on Monday. The recent addition is Zhejiang Jingneng Microelectronics.
6/21/20222 min read
Chinese Biotech Firm Biocytogen Bags Tens of Millions of Dollars in Funding
Biocytogen, an emerging pharmaceutical technology company, announced today that it has completed a new round of funding worth tens of millions of dollars, jointly led by Lake Bleu Capital, China Pinnacle Equity Management, Octagon Capital and OrbiMed.
6/22/20212 min read
Taichi Graphics Completes A-Round Financing of $50 Million
Taichi Graphics, an open-source graphics infrastructure and digital content creation cloud platform, announced on Monday that it has completed A-round financing totaling $50 million.
2/7/20222 min read
Well-link Completes $62.78 Million in B Round of Financing, Led by Future Capital
Well-link, a Chinese cloud gaming service provider, announced that it had completed the B round of financing with a total amount of 400 million yuan ($62.78 million).
12/1/20212 min read
Tellie Raises $10M to Onboard Creators to Web3
Tellie, a sitebuilder for Web2 and Web3 creators, announced on Tuesday that it had raised over $10 million in Series A funding.
6/15/20222 min read
"Jack Ma did not sell a single share", Clarified Alibaba Partner
Regarding the recent rumors of Jack Ma selling a large amount of Alibaba Group stocks, Jiang Fang, a partner and Chief Talent Officer at Alibaba Group, posted on the company's internal network today stating that "Jack Ma did not sell a single share."
Fusion Energy Developer Startorus Fusion Secures Angel Investment
Startorus Fusion, a Chinese commercial fusion energy development enterprise, announced on Thursday that it has obtained hundreds of millions of yuan in angel investment.
6/16/20222 min read
China VC Weekly: COVID Vaccine and Xiaomi’s First EV Moves
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.
6/8/20215 min read
Vision System Developer Lanxin Technology Finishes B Round of Financing Worth Over 100 Million Yuan
Hangzhou Lanxin Technology announced its completion of Round B financing, amounting to over 100 million yuan ($15,695 million).
11/30/20212 min read