Startups

Tencent-Backed Biotech Startup XtalPi Bags USD15 Million in Series-B

Tencent-Backed Biotech Startup XtalPi Bags USD15 Million in Series-B

Shenzhen-based artificial intelligence biotechnology firm XtalPi Inc. raised USD15 million through B-round financing led by Sequoia Capital China, with Google…

Jan 24, 2018
Dou Shicong
Chinese Drone-Positioning Firm Clobotics Secures USD5 Million in Funding

Chinese Drone-Positioning Firm Clobotics Secures USD5 Million in Funding

Clobotics Co., a machine-vision technology company has secured USD 5 million in its second round of financing, online news outlet Lieyunwang reported.

Jan 24, 2018
Tang Shihua
Publishing Platform Read-Douban Raises USD9 Million After Spinning Off From Parent

Publishing Platform Read-Douban Raises USD9 Million After Spinning Off From Parent

Read-Douban, a platform where readers can find original novels, completed a CNY60 million (USD9.4 million) Series-A financing round, which Linmon…

Jan 23, 2018
Tang Shihua
Alibaba to Splurge Another USD1 Billion in Chinese Bike-Sharing Sector, Report Says

Alibaba to Splurge Another USD1 Billion in Chinese Bike-Sharing Sector, Report Says

Hellobike, one of the bike-sharing operators backed by e-commerce stalwart Alibaba Group Holding Ltd., is reportedly about to close a…

Jan 23, 2018
Tang Shihua
Chinese Marketer Yuanlong Yato Enters Mobile Sector With Investment in Community Startup

Chinese Marketer Yuanlong Yato Enters Mobile Sector With Investment in Community Startup

Chinese marketing services firm Yuanlong Yato Culture Communication Co. will invest CNY20 million (USD3.13 million) to acquire a 10 percent…

Jan 23, 2018
Tang Shihua
Chinese Tech Startup Aims to Rival Apple With Cut-Price Smart Earphones

Chinese Tech Startup Aims to Rival Apple With Cut-Price Smart Earphones

Mobvoi Inc., the first Chinese startup to receive investment from Google, has unveiled wireless earbuds, part of the firm’s efforts to rival Apple Inc.’s AirPods in the smart headphones market.

Jan 23, 2018
Lai Shasha
Flying Robot Developer Cool High Technology Closes Pre-A-Round Funding

Flying Robot Developer Cool High Technology Closes Pre-A-Round Funding

Smart flying robot developer Beijing Cool High Technology Co. has completed tens of millions of yuan pre-A-Round financing, which will…

Jan 22, 2018
Tang Shihua
Brain Science Firm BET Lands Millions of Yuan in Pre-A Series

Brain Science Firm BET Lands Millions of Yuan in Pre-A Series

Beijing Easymonitor Technology Co. (BET), a brain science research and application firm, recently obtained tens of millions of yuan in…

Jan 19, 2018
Tang Shihua
Smart Video and Image Firm Extreme Vision Nets Millions in Series-A+

Smart Video and Image Firm Extreme Vision Nets Millions in Series-A+

Smart video and image service provider Extreme Vision obtained tens of millions of yuan in its Series-A+ financing. The funds will…

Jan 19, 2018
Tang Shihua
(Exclusive) Temasek Leads USD100 Million Funding in Chinese AI Firm Rokid

(Exclusive) Temasek Leads USD100 Million Funding in Chinese AI Firm Rokid

Capital continues to favor artificial Intelligence start-ups. In addition to venture capital funds, some traditional investment funds, including sovereign wealth funds, are also showing interest.

Jan 18, 2018
Jiang Xuan
Aqrose Closes USD8 Million A-Round to Explore Boundaries of Robotics

Aqrose Closes USD8 Million A-Round to Explore Boundaries of Robotics

Vision systems provider Beijing Aqiu Technology Co. (Aqrose) pulled in USD8 billion in A-round funding as it looks to shore up its team and push the limits of the robotics sector.

Jan 18, 2018
Tang Shihua
Geely-Backed EV Ride-Hailing Firm Closes USD150 Million A-Round

Geely-Backed EV Ride-Hailing Firm Closes USD150 Million A-Round

Cao Cao, a new-energy ride-hailing service, has closed its A-round at CNY1 billion (USD155 million) as it plans to offer its services in more regions.

Jan 17, 2018
Tang Shihua

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