Luntek Technology Bags Hundreds of Millions of Yuan in Round-C Financing
On July 27, Hangzhou-based Luntek Technology announced its completion of round-C financing, led by Addor Capital.
7/27/20222 min read
Tag: #venture capital
Showing 12 of 54 posts with this tag
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.
7/1/20222 min read
Cmind-SEMI Completes New Round of Financing Worth Several Hundred Million Yuan
On July 20, Cmind-SEMI announced the completion of a new round of financing worth several hundred million yuan. It was led by Legend Capital.
7/20/20222 min read
China VC Weekly: Xiaomi’s Latest Indian Moves, SaaS in Fashion and a Big Win for Medical Imaging
The coronavirus outbreak is still in full force, limiting business opportunities and impelling investors to put their activities on hold.
China VC Weekly: AI, Automation and Largest Investment Round in China’s Edtech History
The past week saw exciting news surface regarding several players in China’s AI and automation space, with one of the most prominent AI unicorns 4Padadigm raising two hefty rounds and adding another $1 billion to its valuation.
4/4/20205 min read
Sequoia China Unveils Hóng, A Digital Virtual Employee
Prominent investment institution Sequoia China launched its first digital virtual employee, named Hóng, on July 11.
7/11/20222 min read
Qiming Venture Partners Completes Fundraising of $3.2B
Venture capital institution Qiming Venture Partners announced that it has raised $3.2 billion for its new fund.
7/11/20222 min read
China’s VC Market is Dwindling, but Is It a Bad Thing?
After a record-setting 2018 that saw Chinese VCs ladle out cash to startups at mind-boggling valuations, current numbers spooked global investors, some of whom regard the diminished numbers as a sign of an imminent industry debacle.
1/1/20205 min read
Shanghai-Based Medtech Firm Biotree Nears $15M in Round-A Funds
Shanghai-based tech firm Biotree has completed round-A financing, garnering nearly 100 million yuan ($14.79 million). The round featured exclusive investment from Qiming Venture Partners.
7/15/20222 min read
China VC Weekly: Computer Vision, Online Grocery and Source Code Capital’s New Fund
In last week’s news, Chinese computer vision startup Clobotics secured roughly $31 million in funding to be used for research and development, prominent VC firm Source Code Capital raised $1 billion in capital commitments and online grocery company Dingdong Maicai raked in over $700 million from regional expansion.
4/7/20214 min read
FlashEx Secures USD 125 Million in Series D2 Round
On March 30, FlashEx, a Chinese logistics startup that provides intra-city express delivery services, raised USD 125 million in the second tranche of a Series D funding round.
3/30/20213 min read
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.
10/11/20212 min read