Startups Archives

Autonomous Driving Startup Hyperview Secures Round B Financing

Hyperview, an autonomous driving startup in China, announced on November 28 that it had completed the B round of financing worth several hundred million yuan.

Industrial Security Firm Solidrocks Technology Scores Investment by Sequoia Capital China

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.

AI Startup 4Paradigm Submits Third IPO Application to HKEx

According to an announcement by the Hong Kong Stock Exchange (HKEx) on September 5, artificial intelligence software company 4Paradigm has submitted a listing application for the third time.

Unmanned Forklift Robotics Company Tusk Raises Hundreds of Millions of Yuan

Tusk, an unmanned forklift robotics company, has received three rounds of financing totaling several hundred million yuan, following investment by Engage Capital, ZhenFund and 01VC.

SaaS Service Provider Mogulinker Secures C1 Round of Financing

Mogulinker, an AIoT SaaS service provider based on the industrial Internet, announced on September 2 that it had completed the C1 round of financing worth more than 100 million yuan ($14.5 million).

Ousted Luckin Coffee Cofounder Plans to Launch New Coffee Brand

Charles Lu, co-founder of Chinese beverage chain Luckin Coffee, is planning another entrepreneurial project involving the launch of a new coffee brand named "Cotti Coffee."

Chip Design Startup EagleChip Bags $41M in Angel Funds

Suzhou-based chip design company Yige Technology, also known as EagleChip, announced on August 31 its completion of angel investment totaling 286 million yuan ($41.5 million).

New Energy Truck Firm DeepWay Bags $67M in Round-A Financing

DeepWay, a smart new energy truck company, announced on August 23 that it has secured 460 million yuan ($67.19 million) in Series A financing. This is the first round of external financing for DeepWay.

Game Analytics Firm Thinking Data Bags 100M Yuan in Round-C+ Financing

Thinking Data, a provider of big data analysis services for the game industry, has completed a C+ financing round worth 100 million yuan ($14.65 million), featuring investment from GGV Capital.

Semiconductor Company IC Bench Completes Pre-A Round of Financing

IC Bench, a semiconductor technology company, announced on August 19 that it had completed the pre-A round financing, led by Intel Capital, and followed by Primarius and Lenovo Capital and Incubator Group.

Cloud Rendering Tech Firm RaysEngine Completes Pre-A Round Financing

RaysEngine, a real-time rendering engine technology provider, has completed a pre-A round of financing, jointly led by Smart Internet Industry Fund, Zhongyuan Qianhai Equity Investment Fund and Qilu Qianhai Venture Capital Fund.

MicroLED Manufacturer JBD Secures Round-A3 Financing

Shanghai-based microLED display manufacturer Jade Bird Display (JBD) announced on August 10 that it has completed an A3 round of financing worth several hundred million yuan.

Cleaning Robot Firm SunPure Technology Secures Pre-A Round Funds

SunPure Technology, a China-based developer of cleaning robots, announced on August 9 its completion of a pre-A round of financing worth tens of millions of yuan.

Autonomous Driving Startup GoFurther.AI Secures Round A+ Financing

GoFurther.AI, an autonomous driving company, announced the completion of the company's round A+ of financing on August 8. This financing was jointly led by Xingxiang Capital and Ruizhu Capital.

Chinese Laser Chip Developer Vertilite Secures Fresh Funding

Several top lidar enterprises including RoboSense and Hesai Technology have recently invested in Vertilite, a laser chip manufacturer based in China.

IntellectiveBio Exceeds $74M in Round-C Financing

Contract development and manufacturing organization (CDMO) IntellectiveBio announced its completion of round-C financing on August 5, with a total amount exceeding 500 million yuan ($74.1 million). This round was led by Gaorong Capital and CTS Capital.