Startups

Smart Home Solutions Provider BroadLink Closes USD55 Million Series-D

Smart Home Solutions Provider BroadLink Closes USD55 Million Series-D

Hangzhou BroadLink Electronic Technology Co., a smart home solutions provider, announced the completion of its Series-D financing of CNY343 million…

Feb 6, 2018
Tang Shihua
DeepBlue Closes USD16 Million A-Round to Bolster Retail AI

DeepBlue Closes USD16 Million A-Round to Bolster Retail AI

Artificial intelligence service provider DeepBlue Technology Shanghai Co. has closed its CNY100-million (USD16 million) A-round funding as it looks to…

Feb 5, 2018
Tang Shihua
Shenzhen General Lottery Technology Supplies Software for Nigerian Lottery

Shenzhen General Lottery Technology Supplies Software for Nigerian Lottery

Shenzhen General Lottery Technology Co. (SGLT) will provide software development and operating maintenance to another lottery company so that it can in turn supply such services in Nigeria.

Feb 3, 2018
Tang Shihua
Jike Claims Infringement Against Lizhi

Jike Claims Infringement Against Lizhi

Jike, an app run by Shanghai Ruoyou Network Technology Co., Ltd. accused Internet giant Tencent Holdings Ltd.’s new app Lizhi of infringement, whereupon Tencent withdrew it.

Feb 2, 2018
Dou Shicong
China’s Popular Video Website AcFun Shuts Down Amid Financial and Regulatory Difficulties

China’s Popular Video Website AcFun Shuts Down Amid Financial and Regulatory Difficulties

China's popular video website AcFun faces severe operational difficulty due to failure of its financing plan. Its website is currently…

Feb 2, 2018
Dou Shicong
Xingbianli Defends Massive Job Cuts After Fired Employees Step Up Online Complaints

Xingbianli Defends Massive Job Cuts After Fired Employees Step Up Online Complaints

Chinese check-out free convenience store operator Xingbianli has recently optimized and restructured its workforce and resources in a bid to…

Feb 2, 2018
Yue Yan
Underwater Drone Developer Geneinno Secures USD2.3 Mln Financing to Up Robot Quality

Underwater Drone Developer Geneinno Secures USD2.3 Mln Financing to Up Robot Quality

Underwater drone developer Geneinno has raised CNY15 million (USD 2.3 million) in pre-A financing round. The company will use new…

Jan 31, 2018
Tang Shihua
Adhesive Tape Firm Aozon Secures Millions in A-Round Financing

Adhesive Tape Firm Aozon Secures Millions in A-Round Financing

Special adhesive tape producer Aozon Electronic Material Co. raised tens of millions of yuan in recent A-round financing as it looks to provide a…

Jan 31, 2018
Tang Shihua
Robot Visual Tech Firm to Use New Funding For Mass Production Development

Robot Visual Tech Firm to Use New Funding For Mass Production Development

Hyperci Technology Co., a machine-vision technology company, will use newly secured funding to advance efforts to achieve mass productions as…

Jan 31, 2018
Tang Shihua
Faraday Future Sues Ex-CFO for Trade Secret Theft, Inside Letter Shows

Faraday Future Sues Ex-CFO for Trade Secret Theft, Inside Letter Shows

Electric carmaker Faraday & Future has sued Stefan Krause, its ex-chief financial in a US federal court and his electric…

Jan 30, 2018
Xu Wei
BGI Genomics VC Arm Invests in Personal DNA Tester WeGene

BGI Genomics VC Arm Invests in Personal DNA Tester WeGene

The venture capital arm of China’s biggest genome sequencing firm, BGI Genomics Co., has participated in the latest funding round of WeGene, a leading provider of personal gene testing.

Jan 30, 2018
Tang Shihua
Chinese AI-Focused Media Start-Up to Use Funds to Improve Content

Chinese AI-Focused Media Start-Up to Use Funds to Improve Content

Heart of the Machine, a Chinese media start-up covering news on the country’s artificial intelligence sector aims to improve content…

Jan 30, 2018
Tang Shihua

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