Showing 12 of 48 posts with this tag
On Thursday, Chinese autonomous driving company White Rhino, announced that it had secured nearly $10 million in Pre-A financing led by Linear Capital.
Beijing-based artificial intelligence (AI) computer chip startup Pingxin Technology has completed a pre-A round of financing, amid a global push to enhance chip technology and an ongoing semiconductor shortage.
A number of employees from Royole, a flexible display developer in China, told local media outlet on Thursday that, as of Friday night, they had received all the wages they were previously owed.
The day after CyberConnect closed Series A funding, Pandaily interviewed its co-founder, Shiyu Zhang, to gain insight into his observations and expectations of Web3 social graph protocol and Web3 in general.
Venture capital institution Qiming Venture Partners announced that it has raised $3.2 billion for its new fund.
Chinese grocery platform Dingdong Maicai has raised $700 million in a series D round of financing co-led by investment firms DST Global and Coatue Management as the startup continues its expansion in the crowded fresh food delivery market.
According to PEDaily, several independent sources said that Chinese milk tea chain HeyTea is about to complete a new round of funding. At present, the amount of funding for this round has not been disclosed, though the company is currently valued at around $9.27 billion. HeyTea did not comment on the matter.
In last week’s news, Chinese computer vision startup Clobotics secured roughly $31 million in funding to be used for research and development, prominent VC firm Source Code Capital raised $1 billion in capital commitments and online grocery company Dingdong Maicai raked in over $700 million from regional expansion.
Sequoia China on August 15 announced the establishment of a new startup accelerator program called YUÈ, which provides exclusive systematic entrepreneurship courses and resources for Chinese entrepreneurs from angel-round to A-round financing.
The valuation of China’s most popular fitness app Keep has risen to about $2 billion following a $360 million funding round, according to Chinese tech news site 36Kr.
Chinese EV manufacturer Xpeng Motors has raised an additional $100 million, bringing total funding to $400 million.
DataStory, a Chinese provider of big data and AI services, announced that it has raised a 120 million yuan ($17 million) series B+ round of strategic financing.