Alibaba Sells Part of Xpeng Stake, Reducing Shareholding to 7.5%
Alibaba Group announced on December 15th that it has sold a portion of its stake in Xpeng Motors, reducing its shareholding from 10.2% to 7.5%.
Tag: #financing
Showing 12 of 829 posts with this tag
ONES.AI Completes C Round of Financing, Nears $100 Million Total Financing Within Six Months
ONES.AI, founded in 2015, has grown into a leading provider of R&D management solutions in China, and its eight professional R&D management products run through the whole life cycle of software R&D.
9/22/20212 min read
Chip Company WITINMEM Completes B1 Round Financing Worth $32 Million
WITINMEM, a low power AI chip maker, announced on Wednesday that it had completed a B1 round of financing worth 200 million yuan ($32 million).
1/26/20222 min read
Snack Brand Xijie Completes A Round of Financing Worth $46.1 Million
The Chinese snack brand Xijie has completed its A Round of financing, garnering 295 million yuan ($46.1 million), jointly led by Source Code Capital and Focustar Capital.
10/28/20213 min read
SenseTime to Start Offering Shares, 1.5 Billion Share Issuance to Raise Up to $769.18 Million
Chinese artificial intelligence startup SenseTime will begin offering shares on the exchange on December 7.
12/6/20213 min read
Semisight Secures Millions from Angel Investors
Recently, Semisight announced the completion of an angel round of investing worth of tens of millions of yuan. The deal was by Hui Capital and followed by Plum Ventures.
3/25/20222 min read
Nolibox Secures Tens of Millions of Yuan in Pre-A Round Financing From GL Ventures
Nolibox, an intelligent design platform, has recently completed a Pre-A round of financing worth of tens of millions of yuan, led by GL Ventures.
12/27/20213 min read
AI Startup ZMO.ai Secures $8M in Round-A Financing
ZMO.ai, an artificial intelligence enterprise, announced on Wednesday that it has recently completed A-round financing totaling $8 million, led by Hillhouse Capital.
5/19/20222 min read
Cybersecurity Firm XDR SEC Completes Round-A Financing
Beijing-based cybersecurity startup XDR SEC has recently completed A-round financing, with lead investor Legend Capital and co-investor Ultrabuttonwood Capital.
3/10/20222 min read
Baidu Invests in RISC-V Chip Startup StarFive
On March 23, Shanghai-based RISC-V chip technology startup StarFive announced that it had received an investment from Chinese search giant Baidu of an undisclosed amount.
SilVRcraft Technology Secures Over 100M Yuan in Round-B Financing
SilVRcraft Technology, a provider of VR digital twin cloud services, has recently raised over 100 million yuan ($15.7 million) in round-B financing. The lead investors were SIG China and existing shareholder Meridian Capital.
3/28/20222 min read
VirtAITech Completes B+ Round of Financing
VirtAITech announced on Monday that it had completed its B+ round of financing worth several hundred million yuan. This round of financing was led by CDB Equipment Fund under ProCapital.
12/27/20212 min read