Suirui Receives Strategic Investment from China Mobile
Suirui America, a Sunnyvale, CA-based AI & cloud communication carrier, received an investment from China Mobile Investment Holdings.
China
Polarr Raises $11.5M in Series A Funding
Polarr, a San Jose, Calif.- and Shenzhen, China-based edge AI technology platform for photography, video and other creative processes, raised $11.5m in Series A funding.
Yunhu Technology Secures Tens of Millions RMB in Series A+ Financing
Yunhu Technology, a Hangzhou, China-based internet platform for primary medical service, secured tens of millions RMB in series A+ financing.
InventisBio Closes $70 Million USD Series C Financing
InventisBio Inc., a Shangai, China-based clinical stage biotech company, closed a $70m Series C financing.
Mollybox Secures $13M in Series B Funding
Mollybox, a Shanghai, China-based pet food brand run by Xolo (Cayman) Limited, secured a total of $13m in its Series B financing round.
Chehaoduo Group Raises $1.5 Billion Funding
Chehaoduo Group, the China-based parent company of Guazi.com & Maodou.com, raised $1.5bn in funding.
Horizon Robotics Raises $600M in Series B Financing
Horizon Robotics, a Beijing, China-based edge artificial intelligence computing platform, raised c. $600m in Series B financing.
Gracell Biotechnologies Completes $85M in Series B Funding
Gracell Biotechnologies, Co., Ltd., a Suzhou, China-based innovative biomedical company, completed an $85m Series B funding.
Panda Selected Closes $50M Series C Funding
Panda Selected, a Beijing, China-based shared kitchen provider, raised $50m in Series C financing.
PowerShare Raises Series A Funding Round
PowerShare, an electric vehicle (EV) charging platform startup based in China, received an investment from Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi.
LandSpace Closes $43M Series B+ Financing
LandSpace, a Beijing, China-based private space launch company, closed ¥300m RMB ($43m USD) Series B+ financing.
Burning Rock Completes RMB 850M Series C Financing
Burning Rock, an Asian tumor precision medicine company, closed an RMB 850m Series C financing round.
MabPlex International Secures $59.1 in Series A Financing
MabPlex International Ltd, a Contract Development and Manufacturing Organization (CDMO), closed its $59.1m series A funding.
AInnovation Raises Over US$60 M in Series A and A+ Financing
AInnovation, a Chinese AI solutions provider and Sinovation Ventures’ artificial intelligence (AI) subsidiary focused on an “AI+” B2B enterprise service model, closed a Series A and A+ financing round of more than RMB 400m (approx. US$60m).
Redpoint China Ventures Closes $400M Across Two New Venture Capital Funds
Redpoint China Ventures completed the closing of two new funds totaling $400m in committed capital.