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Tongyu Automobile, a developer of intelligent driving systems, announced on August 21 the completion of round-A+ financing totaling nearly 200 million yuan ($29.2 million). Xiaomi is one of its co-leading investors.
AI technology enterprise Zhiyi Tech has continuously completed three rounds of financing totaling nearly $100 million, led by GL Ventures, Zoo Capital, Xianghe Capital and CE Innovation Capital, respectively.
VR games publisher Netvios has announced its completion of A-round financing worth over 100 million yuan ($14.8 million).
Hanxing Venture Capital, a Xiaomi affiliate, recently increased its investment in Hefei-based chip firm Rhino. The company's core products are autonomous driving chips but is also involved in developing autonomous driving solutions and development tool chains.
On Wednesday, Carbon Energy (Beijing) Co., Ltd., a tech company specializing in carbon neutralization, announced the completion of an A-round of financing worth tens of millions of yuan.
On Monday, ZongMu Tech, a self-driving start-up, announced that it had obtained 1 billion yuan in an E-round of financing.
iBattery Cloud has recently completed a pre-A round of financing totaling over 100 million yuan ($14.98 million), led by BlueRun Ventures and followed by Fosun Group and K2VC.
Ruicycle, a battery recycling enterprise, completed a B round of financing of over 300 million yuan ($44.42 million). Investors include Legend Capital, China Guangfa Bank, Hua Ventures, and other institutions.
Beijing Changmugu Medical Technology, a provider of integrated solutions for orthopedic intelligent surgery, announced that it had recently completed a Series B round of financing in which it secured 540 million yuan ($84.3 million).
Chinese online-to-offline (O2O) medicine platform Dingdang Health has raised $220 million in its latest financing round led by TPG Capital Asia, the company announced on Tuesday.
This week: Blockchain startup CyberConnect raised $15 million in series-A financing to restore data ownership, Web3-focused branding firm Gusto Collective closed an $11 million seed round, and more.
Smart home projector brand ZEEMR announced on Friday that it has recently completed A-round financing totaling around 100 million yuan ($15.7 million), led by CICC Capital.