In last week’s venture capital news, Carl Pei’s startup Nothing attracted a new capital injection, raising $70 million in its Series B funding round, and more.
WeShine, a management product associated with Tencent's WeCom, announced that it has raised 300 million yuan ($47.5 million) led by IDG and followed by ZWC Partners and other institutions.
Mega Phase Technology, a leading manufacturer of 3D cameras, announced its closing of a Series A funding round, with exclusive investment from Northern Light Venture Capital.
In last week’s VC news, Chinese new retail cosmetics powerhouse HARMAY raised a considerable investment round, Sequoia Capital China launched a new infrastructure fund and more.
Surface acoustic wave (SAW) filter manufacturer Zhangjiagang Sxsaw Electronic Technology Co., Ltd. announced Tuesday that it had completed an A+ round of financing worth 100 million yuan ($15.7 million).
In last week’s VC news, Sequoia China and CATL invest in intelligent manufacturing startup AIMS, Xpeng injects funds in a young lidar company, and more.
Chinese synthetic biology firm Bluepha announced today that it has completed a B3 round of financing, bringing total round-B funds to 1.5 billion yuan ($235 million).
China-focused venture capital firm Ince Capital announced the completion of its latest fundraising of about $700 million, including two funds: INCE Capital Partners II, L.P. (Fund II) and INCE Opportunity Fund, L.P.
Zshield Inc., an industrial big data innovation enterprise based in China, announced the recent completion of a C-round financing worth several hundred million yuan.
AI application company Singularity Systems Inc. announced on Friday it has received investment of tens of millions of dollars in an A+ round of financing.
Xbiome Biotech Co., Ltd., an AI-based microbiome drug development company in Shenzhen, China, announced the completion of a B-round of financing totaling nearly $100 million.
Source Code Capital announced on Tuesday that Zheng Yunduan has joined the company in the role of partner, as well as CHO in charge of organizational construction and related entrepreneurial services.