FTX Ventures, a capital investment fund under crypto exchange FTX, has invested in Lens Protocol, a composable and decentralized social graph created by the team behind decentralized finance lending platform Aave.
Pride Silicon, an automotive chip developer, completed a pre-A round of financing worth tens of millions of yuan, which was exclusively invested by Xiaomi's industrial investment affiliate.
MRStage, a Chinese online virtual activity services provider, has recently completed round-A financing worth around 100 million yuan ($13.7 million) from Chinese tech giant Alibaba, which also became its shareholder on October 26.
ZD Power, a Chinese smart energy solution provider, announced on October 27 that it had completed an A Round of financing exceeding 100 million yuan ($13.8 million). This round of financing was led by GL Ventures and was followed by Source Code Capital and Creo Capital.
Geely-owned new energy vehicle brand Farizon Auto on October 26 announced its completion of pre-A round financing totaling over $300 million, led by Hidden Hill Capital which is backed by Singapore's Global Logistics Properties Ltd.
Chinese conglomerate Fosun International Limited has stated that it officially notified Moody's on October 12 of its decision to terminate business engagement with the rating service, ceasing to provide relevant information on the firm effective from that day.
Chinese automaker GAC Group announced on October 20 that its subsidiary GAC Aion has completed round-A financing of 18.294 billion yuan ($2.42 billion) from a total of 53 strategic investors, boosting its post-investment valuation to 103.294 billion yuan.
Established in October 2021, a Chinese app called Hemi is positioned as a career and social development community targeted at Gen Z college students. This year, it received angel investment reaching several million yuan from venture capital institutions and entrepreneurs.
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.
On October 14, Chinese microfluidic firm HICOMP MicroTech announced that it had completed a B+ round of financing worth 100 million yuan ($13.9 million), led by Xiaomi-backed Shunwei Capital.
Fintech platform Airwallex on October 11 announced that it has recently closed E2 Series financing, garnering $100 million. Its total funding amount increased to more than $900 million, with the same $5.5 billion valuation.
AI-generated content (AIGC) services provider Huiye Technology announced on October 10 that it has completed a pre-A+ round of financing led by GL Ventures and followed by Shunwei Capital.
Leading Chinese car manufacturing group Geely announced on September 30 that it had completed its acquisition of a 7.60% stake in British luxury marque Aston Martin.
Luxic, a chip design company that focuses on the optical communications field, announced on September 28 that it has completed two rounds financing worth over 100 million yuan ($13.8 million).
Beijing-based private equity firm Hillhouse announced the official launch of its "Aseed+" seed fund project on September 28, which will focus on sectors including manufacturing, new energy, new materials, biotechnology, and carbon neutrality.
Horizon Robotics, a manufacturer of in-vehicle smart chips, announced on September 26 that it has received strategic investment from Chery Automobile, with funds to be used primarily for the development and mass production of chips.
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.
Well-Link, a Chinese cloud gaming services provider, announced that it has completed a B2 round of financing totaling $40 million yuan, led by Temasek.
Smart car chip firm Cambricon SingGo announced on September 22 that it has received investment from Robert Bosch Venture Capital GmbH (RBVC) under Germany's Bosch Group.