36 Kr reported that KEYi Tech, a consumer robotics platform, recently received tens of millions of dollars in round B financing. This round of financing was led by Xiaomi and Shunwei Capital, followed by old shareholders Source Code Capital and BlueRun Ventures, with 100 Summit Partners as the exclusive financial advisor. Yang Jianbo, Founder & […]
On Thursday, Chinese autonomous driving company White Rhino, announced that it had secured nearly $10 million in Pre-A financing led by Linear Capital.
Chinese new retail enterprise KK Group, formerly known as KKguan, has recently completed a new round of financing worth approximately US$300 million.
According to PEDaily, several independent sources said that Chinese milk tea chain HeyTea is about to complete a new round of funding. At present, the amount of funding for this round has not been disclosed, though the company is currently valued at around $9.27 billion. HeyTea did not comment on the matter.
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.
Chinese grocery platform Dingdong Maicai has raised $700 million in a series D round of financing co-led by investment firms DST Global and Coatue Management as the startup continues its expansion in the crowded fresh food delivery market.
In last week’s China VC news, Moore Threads raked in a mind-boggling pre-A round just 100 days after its founding, ECARX raised $200 million and Ocean Link secured commitments for a new fund.
On-demand logistics and delivery company Lalamove is close to completing a $1.5 billion financing round that would bring its valuation to around $10 billion, according to Chinese media.
The valuation of China’s most popular fitness app Keep has risen to about $2 billion following a $360 million funding round, according to Chinese tech news site 36Kr.
Chinese online education startup Zuoyebang raised $1.6 billion in a recent round of financing.
Leading robotics and AI company Flexiv raised more than $100 million in its Series B funding today for its adaptive robot Rizon.
Chinese online education platform Yuanfudao has raised $300 million in a new funding round, bringing the overall funding of the Beijing-based company to $3.5 billion this year.
Last week saw two prominent Chinese VC funds – Future Capital and Qiming Venture Partners – raise new US dollar funds.
Capsule-size endoscope tool maker Jifu Medical completes Series C round of financing.
Chinese unmanned retail solution provider SandStar announced that it has raised hundreds of millions of yuan in a series B+ round of financing.
Chinese EV manufacturer Xpeng Motors has raised an additional $100 million, bringing total funding to $400 million.
Chinese social e-commerce startup Nice Tuan announced its latest $80 million Series C2 round led by CDH Investments.
Chinese grocery e-commerce platform MissFresh announced Thursday a new $495-million funding round led by a fund under state-backed China International Capital Corporation.
DataStory, a Chinese provider of big data and AI services, announced that it has raised a 120 million yuan ($17 million) series B+ round of strategic financing.
Robotic process automation (RPA) and Artificial Intelligence (AI) startup Laiye Technology announced today that it has completed its Series C financing round of $42 million.