Chinese venture capital fund ATM Capital announced today that it has closed US$200 million in its the first phase of fundraising, reported Chinese media organization 36kr.
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China’s VC ATM Capital Raises $200M Fund From Alibaba’s eWTP Tec…
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CDH Invests Series A+ Round In China’s Private Aerospace Company iSpace
Chinese private rocket start-up Beijing Interstellar Glory Space Technology has completed a series A+ round of financing, led by CDH Investments, with participation from Matrix Partners China and Galaxy Holding Group, according to a statement the compa…
Lightspeed China Partners Raises $560M For Its Largest Fund Family IV
China-focused venture capital firm Lightspeed China Partners has completed the final closing of its fund family IV with total committed capital of US$560 million, which brings the company’s committed capital under management to US$1.5 billion, ac…
China’s Community Group Buying Start-Up Linlinyi Raises $30M Led By Capital Today
Chinese community group buying start-up Linlinyi has secured a US$30 million series A round of financing led by the US$2.5 billion-worth China-focused private equity firm Capital Today, according to a statement released on Wednesday.
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Ch…
China’s AI Start-Up Ling Technology Secures Strategic Investment From SenseTime
Chinese artificial intelligence (AI) start-up Ling Technology has secured a series A round of financing from the country’s facial recognition technology developer SenseTime to raise its stake in the AI-powered K-12 education field, according to a…
Chinese Unmanned Vessel Firm Yunzhou Tech Nets $58M In Series C Round
China’s unmanned ship start-up Yunzhou Intelligence Technology has completed an RMB400 million (US$58.15 million) series C round of financing, led by government-backed Huajin Financial International Holdings, according to a WeChat announcement o…
Shanghai Closes $1B Towards $15B AI Investment Fund In Yangtze River Delta
Shanghai International Group (SIG), an investment arm of the Shanghai government, collected RMB7 billion (US$1.02 billion) in the first phase of the Yangtze River Delta Collaborative Advantage Fund to develop advanced technologies in the area, accordin…
China’s AI Cloud Services Provider ABC Technology Bags $30M Series B Round
ABC Technology, a Chinese artificial intelligence (AI) cloud services provider, has secured a US$30 million series B round of financing from Hong Kong-based venture capitalist MindWorks Venture, investment management firm Susquehanna International Grou…
Tencent-Backed Online Broker Futu Files For US IPO To Raise Up To $300M
Futu Securities International, a Hong Kong-based online brokerage firm backed by Tencent, has filed for an initial public offering (IPO) in the U.S. to raise up to US$300 million, according to a regulatory document filed on December 28.
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China VC/Tech Weekly Roundup: China Considers Unified Foreign Investment Law, Ant Financial Co-Leads New Round In Hellobike
In this episode of China Money Podcast, listen to all the news headlines in the China venture and tech sector for the week of December 24 to December 28, 2018, with Eudora Wang sitting in for Nina Xiang.
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China VC/Tech Weekly Roundup: Ch…