
VR Device Manufacturer Pimax Secures C1 Round of Financing Worth $28M
Pimax, a well-known VR hardware manufacturer in China, recently completed a C1 round of financing valued at 200 million yuan ($28 million).
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Pimax, a well-known VR hardware manufacturer in China, recently completed a C1 round of financing valued at 200 million yuan ($28 million).
STARFIELD, the largest domestically funded artificial meat startup in China, has recently completed a round of financing worth tens of millions yuan.
CPU developer HJMicro has secured nearly $120.0 million in an angel round and pre-A round of financing jointly led by Walden International, GL Ventures and CDH Venture and Growth Capital.
This week: Chinese metaverse infrastructure startup Xmov receives $130 million in funding, Shandong Television pursues NFT and metaverse projects, and more.
Geely-owned new energy vehicle brand Farizon Auto on October 26 announced its completion of pre-A round financing totaling over $300 million, led by Hidden Hill Capital which is backed by Singapore's Global Logistics Properties Ltd.
Zilliz, a vector database company, announced on August 25 its completion of a B+ round of financing totaling $60 million, increasing its overall round-B funds $103 million.
Chinese venture capital (VC) firm Source Code Capital, which has backed some of the country’s biggest tech firms and unicorns, announced on Tuesday it has raised a total of $1 billion in fresh funds.
GCL Perovskite, a perovskite solar module developer under GCL Technology Holdings Limited, a leading Chinese photovoltaic material manufacturer, announced on December 14 its securing of 500 million yuan ($72 million) in a B+ round of financing.
On December 4, Warburg Pincus officially announced that Wei Zhen will step down as the President of Warburg Pincus China. Fang Min and Zhou Lang will assume the roles of Co-Presidents of Private Equity Investments in China for Warburg Pincus.
Enovate, a Chinese electric vehicle manufacturer facing financial difficulties, is set to receive a much-needed infusion of funds through a new round of financing.
Chinese truck autonomous driving company Plus, formerly Plus.ai, has raised $220 million in a new round of financing led by FountainVest Partners and ClearVue Partners, the company announced on Wednesday.
Ingeek, a Chinese supplier of intelligent and connected vehicles systems, announced the completion of a B round of financing worth several hundred million yuan. This round of financing was jointly led by Tencent and PICC.