Co-working Giant Files for Bankruptcy in the US, WeWork China Responds
WeWork China says it will not be affected by WeWork's bankruptcy filing in the US.
Tag: #financing
Showing 12 of 829 posts with this tag
CAE Developer Supreium Obtains Nearly 100M Yuan in A-Round Financing
Supreium, a Beijing-based industrial software developer, announced it has obtained nearly 100 million yuan ($14.96 million) in A and A+ rounds of financing. The leading investors were IDG and Sequoia China.
6/1/20222 min read
Tencent-Funded Yunji Technology Prepares for STAR Market Listing
Beijing Yunji Technology Co., Ltd. has recently completed an initial public offering of A shares, and is preparing for counseling and filing to list on the Shanghai Sci-Tech Innovation Board (STAR Market).
2/15/20222 min read
Cyclone Robotics Bags $150 Million in Round C Financing
Cyclone Robotics, a robotic process automation (RPA) company, announced on Monday that it has secured $150 million in Round C financing.
11/15/20212 min read
Web3 Energy Firm Tesseract Secures $78M in New Funding
Web3 energy company Tesseract has raised $78 million in a funding round with participation from Balderton, Low Carbon, Ribit Capital, former Formula One driver Nico Rosberg and others.
9/8/20222 min read
GAC Aion Completes Round-A Financing, Market Value Breaks 100B Yuan
Chinese automaker GAC Group announced on October 20 that its subsidiary GAC Aion has completed round-A financing of 18.294 billion yuan ($2.42 billion) from a total of 53 strategic investors, boosting its post-investment valuation to 103.294 billion yuan.
10/21/20223 min read
China VC Weekly: Chassis, 3D Vision, Autonomous Driving and More
In last week’s VC news, EV chassis maker PIX completes pre-A round from an undisclosed investor, prominent autonomous driving firm WeRide closes massive $400 million fundraising and more.
3/31/20226 min read
Data Infrastructure Developer Timeplus Secures Seed-Round Financing
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.
Crypto Incubator and Advisor PANONY Secures Round-A Funding
Blockchain-focused incubator, investor and adviser PANONY has closed a Series A funding round backed by NGC Ventures, one of Asia's largest crypto investment firms, boosting it to a valuation of $100 million.
9/7/20222 min read
Commercial Vehicle Manufacturer Newrizon Secures Series B+ Financing from NIO Capital
On February 20, Newrizon, a smart new energy commercial vehicle company in China, announced that it had received a Series B+ round financing of over 100 million yuan ($14.6 million) from NIO Capital.
2/20/20233 min read
Ximalaya Denies Laying Off 30%, Profitability and Innovation Remain Two Major Challenges
On December 6th, Ximalaya denies recent plans to carry out a company-wide layoff of approximately 30%.
12/7/20234 min read
China VC Weekly: Coffee, Chips and Metaverse
In last week’s VC news, prominent Chinese specialty coffee chain Seesaw Coffee bagged new financing via its Series A++ funding round, metaverse proponents Oasis, and more.
3/7/202210 min read