
WM Motor Applies for Bankruptcy Review
WM Motor has recently officially applied for bankruptcy review, and the handling court is Shanghai Third Intermediate People's Court.
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WM Motor has recently officially applied for bankruptcy review, and the handling court is Shanghai Third Intermediate People's Court.
Digital consumer brands company Dongfang Honghu on Wednesday announced its completion of an A round of financing worth tens of millions of dollars, exclusively led by Source Code Capital.
Lingxing, a cross-border e-commerce SaaS service provider, announced on Wednesday that it had completed a round C financing worth RMB 280 million ($44 million) led by Xianghe Capital.
On Aug. 31, M Woods Art completed a new round of financing from Pop Mart, the trend-setting designer toy chain that is about to go public in Hong Kong.
In this week’s VC news: HeyTea to raise a new massive round, WeRide raising over $600 million in just 5 months and early stage startup focused VC fund Northern Light closes new round.
Wuxi Xinxiang Information Technology Co., Ltd., a provider of computer-integrated manufacturing systems for semiconductor factories, recently raised several hundred million yuan in Series A+ financing.
Global blockchain infrastructure provider InfStones on Wednesday announced a new funding round of $66M led by SoftBank Vision Fund 2 and GGV Capital, with participation from INCE Capital, 10T Fund, SNZ Holding, and A&T Capital.
Shanghai Xinsu Medical Technology Co., Ltd., also known as Atantares, has recently completed an angel+ round of financing totaling tens of millions of yuan, led by Qiming Venture Partners.
Intelligent robotics developer Agile Robots has recently completed a financing round totaling $30 million led by Foxconn Industrial Internet.
Cospowers Technology, a scientific and technological enterprise in the lithium battery industry, announced on July 1 that it had completed D-round financing totaling several hundred million yuan.
Tencent Music Entertainment Group experiences a mix of joy and worry in Q2, with paid users reaching 99.4 million but social entertainment declining significantly.
This week’s China VC news: the flying car subsidiary of EV-maker Xpeng Motors, HT Aero, bagged a whopping $500 million Series A investment, and more.