SemiDrive, a Nanjing-based chip firm, announced on November 28 that it has completed round-B+ financing totaling nearly 1 billion yuan ($139 million).
KH Automotive Technologies, a supplier of air suspension systems for passenger cars, announced on November 14 its completion of round-B financing totaling 510 million yuan ($72 million).
HoloMatic, an autonomous driving technology company in China, announced on November 11 that it had completed a C2 round of financing, led by GAC Capital and followed by Zhidu Investment and Chaos Investment.
On November 8, Atech Automotive (Wuhu) Co., Ltd., a smart vehicle equipment manufacturer, announced the completion of a new Round C financing deal exceeding 500 million yuan ($69 million). Hubei Xiaomi Changjiang Industrial Investment Fund Management is one of the lead investors.
BrainCo, Inc., a Chinese brain-computer interface (BCI) technology company, announced that its product BrainRobotics Hand had obtained FDA certification.
MRStage, a Chinese online virtual activity services provider, has recently completed round-A financing worth around 100 million yuan ($13.7 million) from Chinese tech giant Alibaba, which also became its shareholder on October 26.
Established in October 2021, a Chinese app called Hemi is positioned as a career and social development community targeted at Gen Z college students. This year, it received angel investment reaching several million yuan from venture capital institutions and entrepreneurs.
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.
On October 14, Chinese microfluidic firm HICOMP MicroTech announced that it had completed a B+ round of financing worth 100 million yuan ($13.9 million), led by Xiaomi-backed Shunwei Capital.
Fintech platform Airwallex on October 11 announced that it has recently closed E2 Series financing, garnering $100 million. Its total funding amount increased to more than $900 million, with the same $5.5 billion valuation.
AI-generated content (AIGC) services provider Huiye Technology announced on October 10 that it has completed a pre-A+ round of financing led by GL Ventures and followed by Shunwei Capital.
Luxic, a chip design company that focuses on the optical communications field, announced on September 28 that it has completed two rounds financing worth over 100 million yuan ($13.8 million).
Horizon Robotics, a manufacturer of in-vehicle smart chips, announced on September 26 that it has received strategic investment from Chery Automobile, with funds to be used primarily for the development and mass production of chips.
On September 25, Auto Custom, a modified car startup based in Tianjin, released its first self-designed small sports car model SC01. Smartphone maker Xiaomi has invested tens of millions of yuan in the company.
Well-Link, a Chinese cloud gaming services provider, announced that it has completed a B2 round of financing totaling $40 million yuan, led by Temasek.
Qidi, a smart glasses manufacturer, announced on September 13 that it has completed an angel round of financing totaling 100 million yuan ($14.4 million), with investment from Joy Capital, Matrix Partners and Meridian Capital.
Mi Camera Glasses, a product of Xiaomi’s Mijia ecosystem, announced over-the-air upgrades on September 10, providing support for new functions such as animal and plant identification.
Vastai Technologies, a Chinese high-end chip design company, released a series of new products on September 3 at the 2022 World Artificial Intelligence Conference (WAIC), and unveiled the SG100, a 7nm cloud GPU chip.
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.
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).