Fenbeitong Raises $36M in Series B+ Financing
Fenbeitong, a Chinese renowned corporate expense management startup, raised $36M in Series B+ financing.
China
Harbour BioMed Raises $75M in Series B+ Venture Capital Financing
Harbour BioMed, a Cambridge, MA- Rotterdam, The Netherlands and Suzhou, China-based global, clinical stage biopharmaceutical company, closed its $75m Series B+ round of financing.
Whales English Raises 100M RMB in Series B Financing
Whales English, a Beijing, China-based brand of online K-12 English group classes, completed its RMB100m Series B financing.
CANbridge Pharmaceuticals Closes US$98M Series D Financing
CANbridge Pharmaceuticals Inc., a Beijing, China-based biopharmaceutical company developing innovative drug candidates to treat underserved medical conditions in China and other markets, completed a US$98m Series D financing.
Mastercard and NetsUnion Joint Venture to Set Up in China
Mastercard (NYSE: MA) has received in-principle approval from the People’s Bank of China (PBOC) to begin formal preparations to set up a domestic bankcard clearing institution in China.
China-based Internet Companies Sweeping the Global Market
Today’s internet industry ranks as one of the highest-grossing businesses for global players. China is on the mainstream of digital technology as the country is at the forefront of the tech players around the world. Getting ahead of the industry requires business people to stay on top of their game by maximizing their professional value. […]
Adagene Raises $69M in Series D Financing
Adagene, Inc., a Chinese clinical-stage oncology immunotherapy company, completed a $69m Series D financing.
Unicorn Capital Partners Closes Third Fund, at USD350M
Unicorn Capital Partners, a venture capital fund-of-funds manager, raised Unicorn Capital Partners Fund III, L.P., which closed at US$350M.
Hesai Secures USD173M in Series C Funding
Hesai, a Chinese LiDAR technology manufacturer, closed its series C funding totaling USD173M.
CF PharmTech Raises $90M in Series E Funding
CF PharmTech, Inc., a Shuzhou, China-based pharmaceutical company, raised $90m in Series E funding.
AInnovation Secures Nearly US$60M in Series B Financing
AInnovation, a Beijing, China-based AI solutions provider, closed a Series B financing round of nearly 400m yuan (approx. US$60m).
Hotnest Raises USD6M in Series A Funding
Hotnest Technology, a China – Germany based AI Marketing and Consulting Automation Platform, raised US$6M in Series A funding.
Sequoia Capital Secures Nearly $3.4 Billion For US and China Funds
Sequoia Capital, a Menlo Park, California-based venture capital firm, raised nearly 3.4 billion dollars for two funds investing in later-stage U.S. companies, and venture and growth investments in China.
Loyal Valley Capital Closes Second USD Fund, at US$465M
Loyal Valley Capital closed its second US dollar-denominated fund, Loyal Valley Capital Advantage Fund II LP, at $465m.
Reorg Acquires Dai1 Media
Reorg, a NYC-based financial media and technology company, acquired Dai1 Media, a subscription-based provider of news, insights and analysis about special situations in China.