Gaorong Capital

XYZ Robotics, a technology company dedicated to the application of robot hand-eye coordination, announced the completion of its Series A+ round of financing led by Source Code Capital, raising approximately 20 million US dollars.

Shuidi Huzhu has closed a new round of funding of nearly 200 million US dollars last month, which valued the company at about two billion US dollars.

eCloudTech, a research and development firm focusing on CDM data management technology, has garnered tens of millions of yuan in its Series A+ financing round, led by Lenovo Capital and joined by Gaorong Capital.

Co-working space operator UCommune Group submitted RW documents to the U.S. Securities and Exchange Commission (SEC) on August 6, and officially withdrew the independent IPO application, according to IPO Zaozhidao.

AIPARK, an intelligent parking company, recently announced the completion of its Series C financing round, raising 300 million yuan. This round of financing was led by Gaorong Capital.

QuadTalent announced the completion of its first round of financing of more than 20 million US dollars, led by Gaorong Capital, with a post-investment valuation of nearly 200 million US dollars.

STYLE 3D (a brand under LINCTEX DIGITAL) has completed a 100 million yuan A+ round of financing, led by Gaorong Capital, with participation from Shunwei Capital, Vision Capital, Baidu Ventures, and Yunqi Venture Capital. Yue Capital served as the sole financial advisor.

Men’s health management platform Menxlab announced the completion of an angel financing of tens-of-millions yuan from Gaorong Capital, GF Xinde Investment and other institutions.

Water Wood Future recently announced that it has raised tens of millions of yuan in its angel financing round in Q1 2020. The funding round was co-invested by Gaorong Capital, Puhua Capital, and Bohe Angel Fund, with Wanshi Capital acting as the sole financial advisor.

On May 13, Qitan Technology, the leading Chinese nanopore gene sequencing company, announced that it has completed a Series A financing round raising more than 100 million yuan. The round was led by Gaorong Capital, with participation from YinxingguCapital, and existing investors namely Alwin Capital.