Biocytogen, a biomedical contract research organization (CRO) specialized in gene-targeted animal models and services, announced on Thursday that it has raised RMB543 million (US$77.11 million) in a series D round of financing.
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CITIC Capital Closes Fourth And Largest China Buyout Fund At $2.8B
CITIC Capital, the alternative investment management and advisory arm of Chinese financial conglomerate CITIC Group, announced on Thursday the final closing of its USD-denominated fourth China buyout fund at US$2.8 billion for investment opportunities …
Computer Vision Start-Up Clobotics Gets $22M Serving Retail, Wind Power Firms
Clobotics, a Chinese intelligent computer vision solutions developer, has raised US$22 million in a series pre-B round of financing led by Taiwan-based investment firm CDIB Capital Group and CMC Capital, an equity investment group in Greater China.
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Hong Kong-Based Personal Finance Platform CompareAsiaGroup Raises $20M
British information services provider Experian announced on Tuesday that it is leading a US$20 million investment for the first close of a series B1 round of financing in Hong Kong-based personal finance platform CompareAsiaGroup.
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Hong …
Chinese Audio Books Platform Lazy Online Raises $14M In New Round
Chinese audio books platform Lazy Online Ltd has raised about RMB100 million (US$14.2 million) in a new round of financing led by the country’s private equity firm Co-Stone Capital, according to information updated on Chinese business data provid…
Chinese Fine Chemicals Manufacturer Huadao Biopharma Closes $14M Series B Round
Chinese fine chemicals manufacturer Huadao Biopharma announced last week the completion of a series B round of financing worth RMB100 million (US$14.18 million) led by Shenzhen-listed chemicals developer NKY Medical Holdings.
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BAI Backs Chinese Textile Industry-Focused SaaS Provider Youshupai
Youshupai, a Chinese technology start-up providing software as a service (SaaS) products for the textile industry, announced on Tuesday that it has raised hundreds of millions of U.S. dollars in a series pre-A round of financing from venture capital fi…
Didi Chuxing Spins Off Autonomous Driving Unit As An Independent Entity
Didi Chuxing has launched an independent company for its autonomous driving unit to focus on research and development, product application, and business development related to autonomous driving technologies, the Chinese ride-hailing giant announced on…
GGV Capital Leads Series D Round In Chinese IoT Technology Developer Sensoro
Sensoro, a Chinese internet of things (IoT) technology developer, has completed a series D round of financing led by global venture capital firm GGV Capital, according to a statement released last Friday.
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GGV Capital Leads Series D Roun…
Chinese E-Commerce Unicorn Jollychic Gets $65M Serving MENA Consumers
Jollychic, a Chinese e-commerce platform mainly serving Middle East consumers, announced on Monday the completion of a series C+ round of financing worth US$65 million from Abu Dhabi-based artificial intelligence (AI) and cloud computing firm Group 42….