Chinese insurance technology service provider 17doubao.com announced on Friday that it has raised RMB95 million (US$14.14 million) in a new round of financing led by Chinese investment bank Bojiang Capital.
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Chinese Insurtech Service Pro…
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Chinese Fintech Firm CreditEase Joins $125M Round Of European Insurtech Start-Up
Chinese fintech conglomerate CreditEase announced on Wednesday that its investment unit, CreditEase FinTech Investment Fund (CEFIF), participated in a US$125 million series B financing round of Berlin-based insurance technology firm Wefox Group.
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Chinese Data Centers Developer GDS Nets $150M Equity Investment From Top Insurer
GDS Holdings Limited, a Chinese developer and operator of high-performance data centers, has received a US$150 million equity investment from China Ping An Insurance Overseas, an affiliate of Chinese top insurer Ping An Insurance, said GDS in a stateme…
Chinese Primary Medical Service Provider Yunhu Technology Raises Series A+ Round
Yunhu Technology, an internet platform for primary medical service in China, has raised tens of millions of yuan in a series A+ round of financing led by venture capital firm China Creation Ventures, according to a company announcement released on Wedn…
China’s Hony Capital, TPG Growth Lead $700M Round In American Media Upstart
Chinese private equity firm Hony Capital and TPG Growth, the growth capital investment unit of private equity giant TPG Capital, have jointly led a $700 million investment in American media firm STX Entertainment.
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Chinese EV Start-Up WM Motor Nets $446M Fresh Funds From Returning Investor
Chinese electric vehicle (EV) start-up WM Motor Technology Co. has secured RMB3 billion (US$446.38 million) in a series C round of financing led by the country’s technology giant Baidu, said the company’s founder and CEO Freeman Shen Hui at…
Chinese VC Firm Flyfot Ventures Backs AI Start-Up Jimu Tech In Series B Round
Hangzhou Jimu Technology Co., a Chinese start-up specialized in artificial intelligence (AI) and key technologies of robots, has secured a series B round of financing from venture capital firm Flyfot Ventures last week, shows information updated on Chi…
Ride-Hailing Titan Grab Nabs $1.46B To Hit Record-High Funding Round In SE Asia
Singapore-based ride-hailing titan Grab has secured US$1.46 billion in a new round of financing from Softbank Vision Fund, which took the total capital raised in Grab’s currently series H round to over US$4.5 billion, according to a company state…
BAI Co-Leads Series A Round In Chinese Boutique E-Commerce Start-Up Gohoo
Bertelsmann Asia Investments (BAI), an investment firm with US$3 billion under management, and a venture fund of Chinese real estate developer Longfor Properties, have jointly led a series A round of financing in Chinese boutique e-commerce platform Go…
Tiger Global, Ant Financial Lead $500M Series C Round In Danke Apartment
Chinese online apartment rental platform Danke Apartment has secured a US$500 million series C round of financing led by Tiger Global and Ant Financial to reach a valuation of US$2 billion, according to a statement released on Friday.
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