GoFurther.AI, an autonomous driving company, announced the completion of the company's round A+ of financing on August 8. This financing was jointly led by Xingxiang Capital and Ruizhu Capital.
Several top lidar enterprises including RoboSense and Hesai Technology have recently invested in Vertilite, a laser chip manufacturer based in China.
Contract development and manufacturing organization (CDMO) IntellectiveBio announced its completion of round-C financing on August 5, with a total amount exceeding 500 million yuan ($74.1 million). This round was led by Gaorong Capital and CTS Capital.
Lingtan Intelligence, an industrial and commercial energy storage brand, announced on August 5 its completion of a pre-A round of financing totaling 50 million yuan ($7.4 million) led by Eight Roads.
SinoHytec, a fuel cell system manufacturer based in Beijing, has submitted a prospectus for an IPO on the Hong Kong Stock Exchange (HKEx), following the expiration of a previous application submitted on January 27.
Sironax, an emerging biotechnology company, announced on August 2 its completion of round-B financing, bringing the firm's total fundraising to more than $300 million.
Ruicycle, a battery recycling enterprise, completed a B round of financing of over 300 million yuan ($44.42 million). Investors include Legend Capital, China Guangfa Bank, Hua Ventures, and other institutions.
Super Panther, a Chinese new energy heavy truck slider chassis developer, announced on August 1 that it has obtained strategic financing totaling tens of millions of yuan from Sequoia China Seed Fund and Shunwei Capital.
Beijing-based firm Carbonstop, a provider of emissions management software and consulting solutions, announced on August 1 that it had completed a round B of financing worth 100 million yuan ($14.82 million).
Pimchip Technology, a PIM (Processing in Memory) chip designer, has completed round-A financing of more than $10 million, led by Primavera Venture Partners and followed by some existing shareholders.
Chinese semiconductor developer YTMicro announced on July 29 that it has secured several hundred million yuan in round-A+ financing.
Enjoy Move, an intelligent driving high-performance computing software platform, announced on July 28 its completion of B1-round financing totaling nearly 100 million ($14.8 million).
LinearX, a smart driving platform software company, announced on July 28 that it has completed a pre-A round of financing exceeding 100 million yuan ($14.82 million).
Gatesea, a supplier of new energy and smart grid chips, has completed a round A of financing worth nearly 100 million yuan ($14.79 million), according to an announcement issued on July 27 by Profir Capital, a financial consultant of the deal.
Trinity, an industrial code reading and sensor manufacturer, recently received tens of millions of yuan in angel investing led by Sequoia China Seed Fund.