Kr Space, a co-working space spin-off from Chinese tech-focused online publication 36Kr, announced on Wednesday that it has raised RMB1 billion (US$145.50 million) in a new funding round.
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IDG Capital Co-Leads $145M New Round In Chinese …
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Chinese Analog Chip Designer Chipanalog Microelectronics Closes Series A Round
Chinese analog chip designer Chipanalog Microelectronics announced on Wednesday that it has raised tens of millions of yuan in a series A round of financing led by the country’s financial holding group Shanghai Zhonghuijin Investment.
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China’s CITIC Capital Buys Stake In Singapore-Based Event Service Agency Cityneon
CITIC Capital, the flagship investment unit of Chinese financial conglomerate CITIC Group, has reached an agreement with Singapore-based Cityneon Holdings to purchase new shares in the company through an investment, according to a statement released on…
Global Investment Powerhouse Hillhouse Backs US Fintech Start-Up In Its $60M New Round
Global investment powerhouse Hillhouse Capital has purchased a minority stake in Trumid, a New York-based fintech start-up and electronic trading platform for corporate bonds, by investing in its new funding round that totaled about US$60 million, acco…
Chinese Financial Hub Unveils Guideline To Lift AI Academic Research In Next Three Years
The local government in eastern China’s Shanghai city has issued a guideline on Monday, seeking to transfer the global financial hub into a “hotbed” for artificial intelligence (AI) innovation.
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Chinese Financial Hub Unveils Guidel…
Hong Kong-Based Secondaries Specialist TR Capital Eyes $300M For New PE Fund
TR Capital, a Hong Kong-based firm that specializes in secondary private equity investments in the Asia-Pacific region, is seeking to raise US$300 million for a private equity fund, “TR Capital IV,” according to a document filed with the SEC last Frida…
Chinese Identity And Access Management Firm BambooCloud Gets Nearly $15M
BambooCloud, a Chinese IT solutions and services provider specialized in identity and access management (IAM), has raised over RMB100 million (US$14.58 million) in a series B round of financing, shows information updated on Chinese business data provid…
Vertex Ventures Leads Series B Round In Chinese Customer Service Robot Developer
Chinese customer service robot developer XiaoduoAI has raised tens of millions of U.S. dollars in a series B round of financing led by venture capital firm Vertex Ventures, according to a statement released by the company last week.
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Chinese E-Commerce Giant JD.com Unveils $1B Series A Round In Its Healthcare Unit
Chinese e-commerce giant JD.com announced on late Friday that it entered into agreements for the non-redeemable series A preferred share financing of its healthcare unit, JD Health, with investors including CICC Capital, Hong Kong-based private equity …
Eastern Bell Capital Injects Nearly $15M Into Chinese Energy Management Platform
Chinese digital energy management platform Baoduitong.com has raised RMB100 million (US$14.70 million) in a series A round of financing from the country’s venture capital firm Eastern Bell Capital, according to a statement released on Friday.
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