Showing 12 of 829 posts with this tag
China's new coffee chain brand "Bestar Coffee" had recently completed an angel investing round worth tens of millions of yuan. The angel investor was Shunwei Capital.
LiblibAI, a Chinese AI content creation platform, announced it had raised hundreds of millions of yuan in its latest round, led by INCE Capital and Shunwei Capital.
In last week’s China VC news, local coffee brand Nowwa Coffee bags $31.51 million in its Series B and B+ Rounds, supermarket chain T11 rakes in $100 million in its latest financing round led by Alibaba and more.
Envision Digital, a Singapore-based green tech firm, announced on Tuesday that it has finished round-A financing totaling $210 million, led by Sequoia China and backed by Singaporean sovereign wealth fund GIC.
T11 Food Market, a Chinese fresh grocery supermarket brand, has recently received financing of $100 million led by Alibaba.
Zhang Ran, partner and CFO of WM Motor, revealed in an interview on October 15 that the company has successfully completed a D1 round of financing this month and will look towards listing overseas in the future.
Shenzhen ELS Technology Co., Ltd., a SaaS network platform based in China, announced on Thursday it has raised more than 100 million yuan ($15.8 million) in a C2 round of financing.
Service robot developer Xianglu Technology announced on Monday that it had received several hundred million yuan in a pre-A round of financing led by Tencent and IDG Capital, followed by existing shareholder Source Code Capital.
In this week’s China VC news, AI risk management solutions provider Ice Kredit raises a 228 million yuan Series C2 round, cancer and immune disorder treatment developer Innolake Biopharm bags $46 million to speed up R&D, while RoboticPlus.AI receives $20 million from BAI and C Ventures.
Caocao Chuxing, the ride-hailing arm of automaker Geely, announced the completion of Round B financing worth 3.8 billion yuan ($589 million) on Monday.
Tencent has made six major moves within the medical field this year, investing in several medical device enterprises.
On the evening of September 26, Faraday Future announced that it had reached a final agreement with FF Top Holding LLC, a major shareholder of the firm, on financing and board reorganization.