financing Archives - Page 16 of 42

Utopia Labs Announces $23M Series A Financing led by Paradigm

Utopia Labs, a payroll and expense management system built to integrate directly with multisig crypto wallets, announced on May 29 that it had closed a $23 million Series A funding round led by Paradigm.

CAE Developer Supreium Obtains Nearly 100M Yuan in A-Round Financing

Supreium, a Beijing-based industrial software developer, announced it has obtained nearly 100 million yuan ($14.96 million) in A and A+ rounds of financing. The leading investors were IDG and Sequoia China.

Industrial Software Firm UniVista Surpasses 1.1B Yuan in Pre-A Financing

Shanghai UniVista Industrial Software Group, an EDA and industrial software solutions provider, announced on Wednesday that it has completed a pre-A round of financing exceeding 1.1 billion yuan ($164.3 million).

Hillhouse Capital Denies Rumors of Indiscriminate Layoffs

Beijing-based investment company Hillhouse Capital is making indiscriminate layoffs, mainly involving employees of varying ranks in the primary market group. A spokesperson for Hillhouse Capital subsequently denied the news.

JSDesign Secures Tens of Millions of Dollars in Series B+ Financing

Chinese cloud-based UI design tool JSDesign has secured tens of millions of dollars in Series B+ financing.

Server CPU Developer HJMicro Bags Nearly $120M in Financing

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.

Biofabrication Firm MicroCyto Secures Nearly $15M in Angel Financing

Biofabrication firm MicroCyto has announced its completion of angel investment totaling nearly 100 million yuan ($15.0 million). The leading investor was Matrix Partners.

GaN Power Device Developer GaNext Completes Series-A+ Financing

GaNext, a gallium nitride (GaN) power device developer, announced on Thursday that it has completed a round A+ of financing totaling nearly 100 million yuan ($14.86 million).

Collectible Handicraft E-Commerce Platform Weipaitang Eyes Hong Kong IPO

Weipaitang, an online auction platform for collectible handicrafts, submitted application materials for a public listing on the HKEx on Wednesday. The exclusive sponsor is CICC.

Tiantu Capital Plans to List in Hong Kong

Tiantu Capital is expected to become the first local VC listed on the National Equities Exchange and Quotation (NEEQ) and Hong Kong Stocks Exchange in China.

Aerial Work Robot Firm RobotPlusPlus Raises $15M in Series B Financing

RobotPlusPlus, a leader in aerial work robots, announced on Tuesday its Series B funding round of $15 million, bringing its investment total to approximately $35 million since its founding in 2017.

Chinese Digital Power Distribution Firm KingSi Power Breaks $15M in A-Round Financing

Shanghai KingSi Power, a digital power distribution enterprise, announced its completion of A-round financing totaling over 100 million yuan. The leading investor was Eastern Bell Capital.

DataPipeline Bags 120M Yuan in Round-B+ Financing

DataPipeline, a digital infrastructure provider, announced on Monday that it has completed round B+ financing totaling 120 million yuan ($18.04 million).

Metaverse UGC Platform BUD Secures $36.8M in B-Round Financing

Metaverse user-generated content (UGC) platform BUD recently completed a B round of financing totaling $36.8 million, led by Sequoia Capital India, followed by ClearVue Partners, NetEase and Northern Light Venture Capital.

China NFT Weekly: Interactive Web3 Marketing

This week: Blockchain startup CyberConnect raised $15 million in series-A financing to restore data ownership, Web3-focused branding firm Gusto Collective closed an $11 million seed round, and more.

Commercial Rocket Developer Orienspace Secures 400M Yuan in A-Round Funds

Orienspace, a commercial aerospace technology company, announced on Friday that it has recently completed A-round financing totaling 400 million yuan ($59.9 million).

IoT Firm Skiff Energy Tech Secures Tens of Millions of Yuan in Pre-A Financing

Hangzhou-based internet-of-things (IoT) firm Skiff Energy Tech announced on Friday that it has recently completed a pre-A financing round worth tens of millions of yuan.

Leekr Technology Secures Nearly 200M Yuan in Round-A Financing

Leekr Technology, a chassis-by-wire system solutions provider, announced its completion of A and A+ rounds of financing, securing a cumulative amount of nearly 200 million yuan.

AI Startup ZMO.ai Secures $8M in Round-A Financing

ZMO.ai, an artificial intelligence enterprise, announced on Wednesday that it has recently completed A-round financing totaling $8 million, led by Hillhouse Capital.

Low-Temperature Meat Brand Benwei Xianwu Secures Tens of Millions of Yuan in A-Round Funding

Benwei Xianwu, a Chinese brand of low-temperature meat products, has recently completed A-round financing totaling tens of millions of yuan.

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