financing Archives - Page 17 of 42

Machine Vision Firm KST Secures Nearly 400M Yuan in C-Round Financing

Guangdong KST Optical Co., Ltd., an optical equipment manufacturer, has completed round-C financing amounting to nearly 400 million yuan ($59.3 million).

PhiGent Robotics Secures $30M in Round-A Financing

PhiGent Robotics announced on Wednesday that it has completed round-A financing totaling $30 million. The leading investor was Ince Capital.

Food Delivery Platform beU Bags Several Million Dollars in Seed Financing

Food delivery platform beU delivery has completed seed round financing worth several million dollars, led by Y Combinator.

eVTOL Firm Zerog Secures Nearly 10M Yuan in Seed Financing

Zerog, a Chinese eVTOL aircraft developer, announced that it has obtained nearly 10 million yuan ($1.48 million) in seed round funding, sourced exclusively from BlueRun Ventures.

Online Used Car Dealer Uxin Receives New Financing of $100M

Uxin Limited, an online used car trading platform based in China, announced on Monday that its existing shareholders Nio Capital and Joy Capital have signed a binding letter of intent for investment in the company.

Cell-Cultured Meat Startup CellX Obtains Almost 100 Million Yuan in A-Round Financing

CellX, a cell-cultured agricultural tech startup, has recently completed round-A financing of nearly 100 million yuan ($14.7 million).

AR Smart Glasses Brand INMO Bags $10M in Round-A Financing

AR smart glasses brand INMO Technology has recently completed round-A financing worth nearly $10 million, featuring exclusive investment from Hello Group Inc.

Starna Therapeutics Secures 150 Million Yuan in A-Round Financing

Starna Therapeutics, a Chinese firm focusing on the research and development of new mRNA drugs, recently announced the completion of round-A financing totaling 150 million yuan ($22.1 million).

Super-Resolution Microscopy Firm Computational SR Bags Over $7M in New Funds

Guangzhou-based technology company Computational SR announced on May 8 its completion of a pre-A round of financing exceeding 50 million yuan ($7.4 million). This round of investment was led by Northern Light Venture Capital.

Cryptocurrency Exchange KuCoin Raises $150M in Strategic Financing

Cryptocurrency trading platform KuCoin completed a round of financing totaling $150 million. The new investment was led by Jump Crypto, with additional participation from Circle Ventures, IDG Capital, and Matrix Partners.

Digital CRO Ashermed Completes Round-B Financing

Ashermed, a digital clinical research organization (CRO) focusing on the post-launch services market for innovative medical equipment, announced the completion of round-B financing of over $14.86 million.

AI Server Provider Enginetech Completes Round-B Financing

AI server provider Enginetech announced on Monday that it has completed round-B financing totaling 100 million yuan ($14.92 million), with investors including SenseTime, Hanking Capital, Qigang Investment, and other institutions.

Wi-Fi Chip Firm Zunpai Completes Several Hundred Million Yuan in Pre-A Investment Round

Zunpai Communication Technology (Nanjing) Co., Ltd., a Chinese wireless communication chip company, announced on Monday that it has obtained several hundred million yuan in a pre-A round of financing.

Honeymoon Dessert’s Parent Company Completes Round of Strategic Financing

Honeymoon Dessert and Tea Buds, two Chinese food and beverage brands, have recently merged. The parent company of Honeymoon Dessert also announced the completion of a new round of strategic financing.

Fast Fashion Platform SHEIN Tops US Downloads for First Time

Cross-border fashion e-commerce company SHEIN is now the most downloaded application in the United States, surpassing other powerhouses like TikTok, Instagram, Twitter, and even Amazon.

Unmanned Boat Tech Company Orcauboat Completes Round A+ Financing

Orca Electronic Intelligent Technology Corporation Co., Ltd. (Orcauboat), an unmanned boat startup, announced on Saturday that it has completed a round A+ of financing totaling 50 million yuan ($7.5 million).

Alibaba-backed IM Motors to Begin First Round of Financing

Liu Tao, co-CEO of Alibaba-backed IM Motors, said in an interview that the company is considering introducing some low-risk suppliers or simplifying complex products and processes due to the pandemic.

Big Data Analytics Provider Sensors Data Secures $200M in Round-D Financing

Big data analytics platform and services provider Sensors Data announced on Friday that it has obtained $200 million in round-D financing. The lead investors were Tiger Global and Carlyle Group.

Automated Driving Firm CiDi Closes 300M Yuan in Round-C Financing

Changsha-based commercial vehicle smart driving enterprise CiDi announced on Friday that it has completed round-C financing of 300 million yuan ($44.9 million).

DNA Synthesis Startup Atantares Secures Angel+ Round of Financing

Shanghai Xinsu Medical Technology Co., Ltd., also known as Atantares, has recently completed an angel+ round of financing totaling tens of millions of yuan, led by Qiming Venture Partners.

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