In last week’s VC news, China’s largest 3D printing service provider Wenext raises $55 million in a Series B round, cloud-gaming platform Well-link completes $62.78 million in its own Series B round, and more.
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.
In last week’s VC news, Hillhouse Capital Group plans to set up a 5 billion yuan fund, Airwallex bags $100 million at a $5.5 billion valuation and more.
In last week’s VC news, several prominent Chinese robotics companies raised considerable E-Finance rounds from investors, and more.
In last week’s VC news, prominent autonomous driving technology company Momenta raised $500 million in a Series C+ round, bringing its total Series C financing to a whopping total of $1 billion.
In last week’s VC news, Didi rival T3 bagged over a billion dollars in financing for market expansion, Alibaba injected funds in a young content creation company DGene, and more.
This week’s China VC news: the flying car subsidiary of EV-maker Xpeng Motors, HT Aero, bagged a whopping $500 million Series A investment, and more.
In last week’s VC news, Tiger Global led the latest round of financing for Karat, cancer therapy developer Anticancer Bioscience raked in over $10 million in its latest financing round, and more.
In last week’s VC news, integrated circuit chip developer SJ Semiconductor has raised $300 million in a Series C round to expand R&D investment, and more.
In last week’s VC news, General Motors invests in Chinese autonomous driving startup Momenta, Nreal raises new funds for international expansion, NetEase invests in game publisher Kepler Interactive.
In last week’s VC news, Fintech pros from Airwallex completed a $200 million Series E round at a $4 billion valuation, Autonomous driving startup DeepRoute.ai raised roughly $300 million in Series B round, and more.
In last week’s VC news, Chinese AR platform provider HiAR raised $42 million in its recent Series C round of financing, German-Chinese robotics firm Agile Robots raked in a whopping $220 million, and more.
In last week’s VC news, direct-to-consumer e-commerce platform Cider bags $130 million for brand building, Xiaomi backs AI company Studio 51, Didi rival Caocao rakes in a massive $589 million round, and more.
In last week’s VC news, Kuaikan raised the biggest funding round ever in the country’s comics industry, chip maker Pingxin Technology closed a $10 million Pre-A round, while Geely’s Zeekr closed its first external financing round.
In last week’s VC news, drug research firm XtalPi raised a massive $400 million to bring it to a new lofty valuation, prominent LiDAR company Innovusion closed a $66 million Series B round, and more.
In last week’s VC news: Chinese telematics powerhouse Pateo bagged a hefty 830 million yuan round of financing to help its R&D efforts; Space Transportation raised millions of dollars to build its hypersonic spaceplanes.
In this week’s VC news, self-driving truck pioneer Inceptio Technology closed a $270 million round of financing and aims to start mass producing its proprietary autonomous driving system.
Two prominent Chinese coffee chains Seesaw and M Stand both raised considerable rounds that will go towards expansion, while prominent local AI firm 4Paradigm bagged over $230 million for R&D and ecosystem improvement.
In last week’s VC news, Microsoft’s China-based spin-off gets a new injection granting it unicorn status, local lingerie industry leader Neiwai raises a whopping $100 million in the latest round, Alibaba and SAIC motors back smart vehicle software startup Banma, attracting $46t4 million in investment from a cohort of new and old backers, all that while the Tencent-backed Indian streaming giant Gaana raises $40 million in debt financing.
In this week’s VC news: Convenience store chain Bianlifeng and education firm Jianzhi Education prepare for US listings, Alibaba Group launches a new fund, and more.