M31 Sells Adaptica to Chinese Eye Care Group
M31 Italia has sold 100% of Adaptica, an Italian manufacturer of portable devices for the detection and correction of refractive errors and visual defects, to an unnamed eye care group in China.
China
Pkfare Completes $1.6M Series A Funding
Marco Polo Technology Co., Ltd, a Beijing, China-based parent company of Pkfare, a global travel B2B marketplace, received a $1.6m Series A funding round.
QingKe Closes Series C Equity Financing
QingKe, a Chinese online platform providing life services with a focus on the real estate industry, raised a Series C equity financing round.
Qiming Venture Partners Closes Three New Venture Capital Funds Totaling $1.39 Billion
Qiming Venture Partners, a Chinese venture capital firm, closed three new funds totaling $1.39 billion.
BlueFocus IFEC Completes Series A Round with 60M Investment from Science City Group
BlueFocus IFEC (Beijing) Technology Co., Ltd., an inflight internet company, received a 60m yuan series A round of funding.
IceKredit Raises $25M in Series Pre B Funding
IceKredit Inc., a Shangai, China-based risk management platform based on big data and artificial intelligence, raised nearly $25m in Series Pre-B capital financing round.
SenseTime Raises US$600M in Series C Funding
SenseTime, a Bejiing, China – based artificial intelligence (AI) company, raised US$600m in Series C funding.
BitKan Secures $10M in Series B Funding
BitKan, a Shenzen, China-based provider of cryptocurrency services, secured $10m in Series B funding.
SMEs Accounting for a Third of All Outstanding Loans in China
It’s easy to get the impression that the majority of the Chinese economy is occupied by big business when you look at the futuristic skylines of cities like Shanghai, Beijing, and Hong Kong.
Venture Capital, Steven Hu Rejoins Qiming Venture Partners
Chinese venture capital firm Qiming Venture Partners re-added Steven Hu as a partner.
CMAB Biopharma Secures $34M in Series B Financing
CMAB Biopharma Inc., a Suzhou, China-based full-service contract development and manufacturing organization (CDMO) providing process development and manufacturing services for biologic products, raised $34m in Series B financing.
Tech Valley Raises $3.19M in Series A Financing
Tech Valley, a Xiamen, China-based big data technology and application service provider, raised over $3.19m in Series A financing.
Singlera Genomics Raises $60M in Series A+ Financing
Singlera Genomics, a La Jolla, Calif.- and Shanghai, China-based non-invasive genetic diagnostics company that focuses on early-stage cancer detection, secured a US$60m in Series A+ financing.
Adagene Raises $50M in Series C Funding
Adagene Inc., a Suzhou, China-based antibody discovery and development company, raised $50m in Series C financing.
17Zuoye Raises US$250M in Series E Funding
Sunny Education, Inc. (17Zuoye), a Beijing, China-based online education platform, raised $250m in Series E funding.