Hillhouse Capital Archives

Chinese Private Equity Firm Hillhouse Launches “Aseed+” Early-Stage Fund

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.

Vector Database Firm Zilliz Closes $60M Series B+ Funding Round

Zilliz, a vector database company, announced on August 25 its completion of a B+ round of financing totaling $60 million, increasing its overall round-B funds $103 million.

Chip Technology Firm Sandtek Secures 100M Yuan in Fresh Capital

Sandtek Corporation, a developer of semiconductor equipment and accessories, has recently completed financing of 100 million yuan ($14.7 million). Investors were Hillhouse Capital, FWI Capital and Guangdong Hengyitai Fund.

Hillhouse Capital Setting Up Secondary Fund Team

Investment institution Hillhouse Capital has reportedly been seeking buyers for some of its projects. The firm has responded to the news, claiming that "secondary fund is our new strategy."

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.

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.

Nadagdagan ng Gaojun Capital ang mga paghawak nito sa Xiaopeng at Lee

Ang HHLR Advisors, isang kumpanya ng pamamahala ng pamumuhunan na nakatuon sa pangalawang merkado sa Hillhouse Capital, ay naglabas ng impormasyon tungkol sa portfolio ng stock ng US para sa ikaapat na quarter ng 2021.

Hillhouse Capital Increases Holdings in XPeng and Li Auto

HHLR Advisors, the investment management firm of Hillhouse Capital focusing on secondary markets, has released information on its US stock portfolios in the fourth quarter of 2021.

Rotex Completes Round A Financing, to Develop Flexible Bioelectronic Technology Products

Rotex, a solution provider focusing on the development of flexible bioelectronic technology products, announced that it had completed an A round of financing worth tens of millions of yuan on Thursday.

Hillhouse Group and Chinese Local Government Set Up $783.5 Million VC Fund

Chinese venture capital (VC) firm Hillhouse Capital Group and the district government of Xishan in Wuxi, Jiangsu province will set up a 5 billion yuan ($783.5 million) VC fund.

Leading Chinese Battery Firm CATL Sees Q3 Net Profit and Revenue Increase by Over 130% YoY

Contemporary Amperex Technology Co., Limited (CATL), a major Chinese producer of batteries, released its Q3 quarterly earnings yesterday, showing revenue of $4.58 billion in the period, up 130.7% year-on-year.

Lantouzi.com’s Zhang Lei Put Under Border Control, Not Zhang Lei of Hillhouse Capital

Media reports on August 12 stated that Zhang Lei, CEO of lantouzi.com, faces punishment by border control authorities, not Zhang Lei of Hillhouse Capital.

HeyTea to Complete New Round of Funding for $9.27 Billion

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.