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.
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, 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, a Chinese venture capital firm, closed three new funds totaling $1.39 billion.
BlueFocus IFEC (Beijing) Technology Co., Ltd., an inflight internet company, received a 60m yuan series A round of 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, a Bejiing, China – based artificial intelligence (AI) company, raised US$600m in Series C funding.
BitKan, a Shenzen, China-based provider of cryptocurrency services, secured $10m in Series B funding.
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.
Chinese venture capital firm Qiming Venture Partners re-added Steven Hu as a partner.
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, a Xiamen, China-based big data technology and application service provider, raised over $3.19m 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 Inc., a Suzhou, China-based antibody discovery and development company, raised $50m in Series C financing.
Sunny Education, Inc. (17Zuoye), a Beijing, China-based online education platform, raised $250m in Series E funding.