PEVC

  • iKuddle receives tens of millions of financing

    iKuddle, a developer of pet-centric AI Internet of Things (AIoT) smart devices, announced that it has received tens of millions of yuan in financing from Pingtan Chuangxiang Future Investment.

    2021-02-27
  • SVOLT Energy nets A round of financing of 3.5 billion yuan

    This round was jointly led by Bank of China Group Investment Limited (BOCG Investment) and SDIC Investment.

    2021-02-26
  • 4iNLOOK completes 100 million B+ round of financing

    From 2018 to 2020, 4iNLOOK has successively completed angel round, A round and A+ round financing, with investors including Tiger Cub Equity Investment Fund Management and Xingtuo Capital.

    2021-02-25
  • Dangwu completes 80 million yuan A round of financing

    Dangwu was established in October 2017. The team built indoor location cloud services around geomagnetic positioning technology.

    2021-02-23
  • Liangyihui completed Series C financing of over 100 million yuan

    Liangyihui.net, an innovative digital medical platform in the oncology field, announced the completion of a Series C financing of over 100 million yuan. Qiming Venture Partners led this round of financing with participation from DT Capital. Existing investors Redhill Capital, Wang Jiaquan Family Office, Yuanju Capital, and Jiangsu Juhe Capital Management also participated. HaoYue Capital acted as the exclusive financial advisor. Founded in 2015, Liangyihui.net has gathered the largest number of online oncology doctors and patients, with nearly 200,000 oncologists and about 300,000 oncology patients. After 6 years of content-led…

  • Grandhonor completes 300 million RMB Series C financing

    Shanghai Gaozhong Information Technology (Grandhonor) has completed a 300 million yuan C round of financing, according to a 36Kr report. The investment was jointly led by state-owned assets companies, including Qingdao Conson Financial Holdings, Qingdao City Construction Investment (Group), and Qingdao Jiaozhou Industrial Fund. Daion Capital acted as the financial advisor. Grandhonor stated that the C round of financing would be used for the upgrading of its core AI technology platform “Grandcore,” the R&D investment in big data platform technology, the product development and market expansion in industry scenarios such…

  • Edutech company Xueqi Financial receives millions of angel round financing

    Xueqi Financial recently announced the completion of a multi-million angel round of financing, led by fintech company Beijing Lingyue Information Technology, or Fintopia. This round of financing will be used for boosting traffic from corporate users, data procurement, research and development, and talent recruitment. Xueqi Financial was established in January 2019. It is a technology company focusing on financial products and solutions in the education industry. It is committed to using big data, AI, cloud computing and other technologies to improve the efficiency of the education industry and serve upstream…

  • Ractigen Therapeutics completed RMB 100mln in Series A financing, led by GL Ventures

    Ractigen Therapeutics announced today that it has completed 110 million yuan in Series A financing. This round of financing was led by GL Ventures, with participation from CCBI Healthcare Growth Fund, Chongqing Boyi Equity Investment Fund Management, and Longmen Capital. The funds raised will be mainly used for R&D, team expansion, and investigational new drug (IND) application for multiple new drugs in the preclinical stage. RNA activation (RNAa) is a biological mechanism discovered and named for the first time in the world in 2006 by Dr. Long-Cheng Li, the founder…

  • Plus.ai completes D round of USD200 million financing

    On February 12, the autonomous driving startup Plus.ai recently completed a D round of financing with an amount of US$200 million. Investors include Guotai Junan International, CITIC Private Equity Funds Management, China Wanxiang and Full Truck Alliance. Plus.ai said it will be used to accelerate the global commercial placement of autonomous driving heavy trucks. Liu Wanqian, co-founder and CEO of Plus.ai, said that truck-related safety accidents and the increasing shortage of transportation capacity have become pain points in the society and for our economy, therefore the application of autonomous driving…

  • Health-tech platform Guokang Healthcare completes millions of RMB strategic financing

    On February 12th, Shenzhen Guokang Healthcare Management Service (Guokan Healthcare) announced its completion of a strategic financing of tens of millions of yuan. This round of financing is exclusively invested by Life Capital Investment, a leading investment bank in China’s medical field. Established in 2005, the company has established China’s leading health management service system provided by private doctors. Its strong offline service team has covered 100% of core hospitals and 100 cities, and has formed close offline and online health management cooperation with nearly 100,000 doctors. The company has…