venture capital Archives - Page 2 of 3

Uxin and NIO Capital Sign Financing Agreement of $100M

Uxin has signed a financing agreement with its existing shareholder NIO Capital's affiliated company, which subscribed for 714 million senior convertible preference shares, with a total value of $100 million.

Source Code Capital Launches Yisu Division for Seed Investment

Source Code Capital officially released "Source Code Yisu" on Friday, operating the firm's seed-stage business independently within the investment system.

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."

ByteDance Changes Plan to Launch VC Brand

ByteDance's plan to launch a VC brand “Jinqiu Venture Capital” has been reportedly changed, and the brand name was no longer called “Jinqiu”.

China VC Weekly: $70M for Nothing

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 Raises $47.5M in Series B1 and B2 Financing

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.

3D Camera Firm Mega Phase Secures Tens of Millions of Yuan in Funding

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.

Kuaishou and G‑bits Jointly Fund New VC Institution

Xiamen Nuowei Qifeng Venture Capital (Limited Partnership) was formally established with a registered capital of 100 million yuan ($15.7 million).

China VC Weekly: HARMAY’s New Round and Sequoia’s New Fund

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.

Sxsaw Secures $15.7 Million in Round A+ Financing

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).

China VC Weekly: Smart Manufacturing, Chips and More

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.

Bluepha Secures Round-B Financing of 1.5 Billion Yuan

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).

Ince Capital Raises Another $700 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.

Big Data Company Zshield Inc. Receives C-Round Financing Led by Legend Capital

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.

Automated Driving Provider Space Technology Completes A-Round Financing

Shanghai Space Technology Co., Ltd. announced the completion of its A-Round financing worth over 100 million yuan.

AI startup Singularity Systems Receives Investment in Round A+ Financing

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.

AI-Based Drug Development Company Xbiome Completed B-Round Financing Worth Nearly US$100 Million

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 Announces Addition of Zheng Yunduan as Partner and Wei Lai as Ecological Partner

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.

China VC Weekly: Agricultural Robots and Lightspeed’s Largest Fundraising in History

In last week’s VC news, one of China’s most active VCs Lightspeed China Partners closes the largest fundraising round in its history, and more.

Source Code Capital, ByteDance and Meituan Shareholder, Raises RMB Fund Worth $1.1 Billion

Source Code Capital, a Chinese venture capital firm, announced on Monday that it had completed its fifth RMB-denominated fund at over 7 billion yuan (almost $1.1 billion), taking just over three months.

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