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This Monday, the opening ceremony of the 4th World Laureates Forum was held in Shanghai. At the forum, the World Laureates Association (WLA) announced the establishment of the WLA Prize.
Virtual human startup Beijing Next Generation Culture Media Co., Ltd. announced Tuesday that it has recently completed an A3 round of financing, featuring exclusive investment from Sequoia China.
Chinese metaverse-focused startup Xmov announced on Wednesday that it has completed rounds B and C of financing, garnering a total amount of $130 million.
Seasoned investment firm Sequoia Capital's current chief Doug Leone has named Roelof Botha as his successor on Tuesday. Neil Shen will continue to lead the firm’s China business as the founding and managing partner.
In last week’s VC news, robotics reaps funding, Sequoia China takes on French fashion, tourism tries again, livesteaming attracts funding, and more.
Thinking Data, a domestic big data analysis service provider for the game industry, announced the completion its round C financing worth 376 million yuan ($59 million).
Choiceform, a provider of online research services, has completed new financing of $30 million, which was jointly led by Sequoia China Seed Fund, Zoo Capital and a well-known strategic investment institution.
Beijing-based cybersecurity startup XDR SEC has recently completed A-round financing, with lead investor Legend Capital and co-investor Ultrabuttonwood Capital.
In last week’s VC news, Tiger Global led the latest round of financing for Karat, cancer therapy developer Anticancer Bioscience raked in over $10 million in its latest financing round, and more.
Miracle Miles, a global footwear technology company, has secured $100 million in round-A financing. The joint leading investors were Sequoia China and IDG.
Transaction service provider SwooshTransfer announced on Friday that it has entered into definitive agreements with investors for an angel round of equity financing totaling several million dollars.
Envision Digital, a Singapore-based green tech firm, announced on Tuesday that it has finished round-A financing totaling $210 million, led by Sequoia China and backed by Singaporean sovereign wealth fund GIC.