financing Archives - Page 13 of 42

Timecho Bags Angel Round Funds of Nearly 100M Yuan

Timecho, an industrial internet of things (IoT) service provider, announced on Wednesday that it has completed an angel round of financing worth nearly 100 million yuan ($14.92 million). This round was led by Sequoia Capital China.

Industrial Next Secures $12M in Pre-A Financing

Industrial Next, a manufacturing technology services provider, announced on Monday the completion of a pre-A round of financing in which it garnered $12 million.

Customer Success Platform Hokdo Completes Pre-A Round of Financing

Hokdo, a customer success platform based in China, announced on Monday that it had completed a Pre-A round of financing worth tens of millions of yuan.

Cross-border Service Provider OgCloud Secures Series A Funding

Recently, OgCloud, a brand providing services for enterprises going abroad, closed its first round of financing worth tens of millions of yuan, which was jointly invested by Plum Ventures and Guangzhou Science City Venture Capital Co., Ltd.

Major Tencent Shareholder to Reduce Stakes For Buyback Plan

Tencent released an announcement on Monday at the Hong Kong Stock Exchange, stating that the company's major shareholder, Prosus, which is mostly owned by Naspers, would sell its shares.

New Energy Firm Growatt Plans Hong Kong IPO

Shenzhen Growatt has submitted a prospectus to the Hong Kong Stock Exchange (HKEx) in a bid to list on its main board. The co-sponsors of the move are Credit Suisse and CICC.

I-TEK OptoElectronics Cleared for IPO on Shanghai’s STAR Market

I-TEK Optoelectronics, a professional supplier of advanced industrial imaging, high precision optics, and optoelectrical equipment based in China, was approved by the Shanghai Stock Exchange on Wednesday for an IPO on its Sci-Tech Innovation Board (STAR Market).

Wuhan Senmu Leishi Technology Secures Tens of Millions of Yuan in Financing

Wuhan Senmu Leishi Technology, a digital power R&D company, announced on Friday that it has completed a new round of financing worth tens of millions of yuan, led by Source Code Yisu, the seed business unit of Source Code Capital.

Smart Planting AgTech Firm Aikenong Surpasses 100M Yuan in Series A Funds

Aikenong, the first Chinese smart planting decision services provider, announced on Thursday that it has raised over 100 million yuan ($14.9 million) in Series A and Series A+ financing.

Mojia Biotech Bags Over $80M in Round-B Financing

Mojia Biotech has recently completed round-B financing worth over $80 million, led by Temasek and followed by Santo Investment and LYZZ Capital.

Tencent Invests in DPU Company Jaguar Micro

Tencent has recently invested hundreds of millions of yuan in a new round of financing for Jaguar Micro, a data processing unit (DPU) startup.

Battery Giant CATL Sells Shares at $61 Apiece in A-share Private Placement

Chinese battery giant Contemporary Amperex Technology Co., Limited (CATL) has sold 109.76 million shares at 410 yuan ($61.12) apiece in an A-share private placement, raising 45 billion yuan, it said in a statement on Wednesday.

Silicon Valley Food Delivery Startup Saltalk Eyes Series B: Interview With CEO Fred Ming

Saltalk, a virtual kitchen and e-commerce platform that connects food entrepreneurs and customers, will continue to seek Series B funding worth $30 million by early next year, the firm's founder and CEO Fred Ming told Pandaily in a recent interview.

Doodles Announces Fundraiser, Appoints Pharrell Williams as Chief Brand Officer

Reddit co-founder Alexis Ohanian's venture capital arm Seven Seven Six (776 Management) funded the first round of funding of Doodles, a collection of 10,000 NFTs in the Web3 universe.

Helixon Completes Nearly 500M Yuan in Series A Financing

Helixon announced on Wednesday that it has recently completed a Series A financing round in which it garnered nearly 500 million yuan ($74.8 million). This round of financing was led by 5Y Capital.

Southchip Approved for IPO on Shanghai’s STAR Market

The Shanghai Stock Exchange disclosed on Tuesday that the application of Shanghai Southchip Semiconductor Technology Co., Ltd. for a listing on the STAR Market had been accepted.

Cross-Border Logistics Tech Firm Surpath Bags Pre-A+ Funds

Surpath, a cross-border supply chain technology firm, announced on Tuesday that it has secured tens of millions of yuan in a pre-A+ round of financing.

Geely Invests in Semiconductor Firm Jingneng Microelectronics

Maijie Investment, a subsidiary of Chinese automaker Geely, added a new entity to its portfolio on Monday. The recent addition is Zhejiang Jingneng Microelectronics.

Xiaomi Invests in Chassis-by-Wire Firm Tongyu Automotive

Shanghai-based Tongyu Automotive has recently changed its official industrial and commercial registration information, adding Hainan Jimu Venture Capital (an affiliated company of Xiaomi) and Cowin Capital, as shareholders.

Style3D Secures Nearly $100M in Pre-Round B+ of Financing

Digital infrastructure services firm Zhejiang Linctex Digital Technology Ltd., or Style3D, officially announced on Tuesday that it has completed a pre-round B+ of financing totaling nearly $100 million.

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