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Mogo Auto, a company offering autonomous driving technology and operation services, has successfully raised 580 million yuan ($83 million) in C2 round financing.
On August 2, Atech Automotive (Wuhu) Co., Ltd., an auto parts company, announced the recent completion of an A round of financing, though the amount was not been disclosed.
StartDT, a provider of AI-based technology solutions, announced on Friday that it had completed the C1 round of financing exceeding 200 million yuan ($31.3 million).
Cider, a global direct-o-consumer e-commerce platform, announced on Thursday that it had completed a B-round financing of $130 million.
Starter, an international fashion sports brand, has recently received $40 million in C-round financing. The leading investor was QY Capital.
Mega Phase Technology, a leading manufacturer of 3D cameras, announced its closing of a Series A funding round, with exclusive investment from Northern Light Venture Capital.
Aibee, a company focused on applying digitalized and intelligent AI solutions to the physical world, announced on Friday that it has completed a new round of strategic investment led by Xiaomi.
TME reported a 33.1% year-over-year increase in net profit, reaching RMB1.79 billion (US$247 million).
New energy technology startup Legend Energy has completed round-A financing totaling tens of millions of yuan. This round was led by Fresh Capital, while PhoenixTree Capital served as financial advisor.
Solidrocks Technology, a security company based in Ningbo, has recently received investment from Sequoia Capital China. The company's previous angel-round financing attracted participation from Plum Ventures and Weed Ventures Capital.
Burning Galaxy, a virtual interactive entertainment platform, recently announced its completion of an A round of financing worth $10 million, led exclusively by Matrix Partners.
AR smart glasses brand INMO Technology has recently completed round-A financing worth nearly $10 million, featuring exclusive investment from Hello Group Inc.