MGI Tech, a Chinese manufacturer of equipment used in gene sequencing, has raised $200 million in funding led by Goldstone Investment, the PE arm under CITIC Securities, Green Pine Capital Partners and Orient Securities Capital Investment.
Beidian, a Chinese membership-only social e-commerce website, has raised RMB860 million ($126 million) from a group including Hillhouse Capital and Sequoia China Capital.
Hiscene, a China-based manufacturer of augmented reality (AR) glasses and communication systems that also goes by the name Liangfengtai, has raised RMB120 million ($17 million) in an extended Series B round of funding.
China-based third-party car rental platform Zuzuche has received Series C funding from Qiming Venture Partners.
Duiba, operator of a China-based interactive advertising platform and software-as-a-service (SaaS) management system for online businesses, traded flat on its Hong Kong debut, following an IPO of HK$766.2 million($97.6 million).
Chezhubang has found a way into China's fuel retail market with an app that helps drivers find the cheapest gas stations
CDIB Capital has named Robert Liu as a managing director and co-head of its regional healthcare practice group in Shanghai.
GSR Ventures and Bertelsmann Asia Investments (BAI) have led an RMB150 million ($22 million) Series B round for Black Lake Technology, a China-based supplier of data collection, visualization and analysis to factories.
China-based private equity firm Green Harbor Investment has acquired a controlling stake in American women’s wear brand Jason Wu for an undisclosed sum.
As China's mainstream online tuition players battle for the hearts, minds and wallets of end users, Gaosi Education found a niche targeting the B2B market. It recently raised $140 million to accelerate expansion
So-Young International, a Chinese online marketplace specializing in cosmetic surgery, surged over 33% on its trading debut following a $166.8 million IPO on NASDAQ.
Sirnaomics, a China and US-based biopharmaceutical company specializing in gene therapeutics, has raised $47 million in Series C funding across two tranches.
Phylion Battery, a China-based manufacturer or lithium-ion batteries used in electric vehicles (EV), has raised RMB810 million ($120 million) in a pre-IPO round led by Yingke Private Equity.
Tot Biopharm, a private equity-backed Chinese cancer drug developer, has filed for a Hong Kong IPO under rules that allow for listings by pre-revenue biotech companies.
Concerns around valuations, commercialization timelines, deal targeting, and brand perceptions are coming into focus as China’s AI ecosystem catapults to global prominence
Healthcare-focused GTJA Investment Group has led a RMB300 million ($45 million) Series B round for Chinese online pharmacy operator Yao123.
GSR United Capital and Zero2IPO Investment have led a Series B round of RMB275 million ($40 million) for China-based Chezhubang, operator of an app that helps drivers locate gas stations and electric vehicle charging points and also pay for fuel.
Tongdun Technology, a Chinese risk control services provider, has raised $100 million in a new round of funding led by CMC Capital, GGV Capital, China Everbright Limited and Guotai Global Investments. Existing investor Cinda Sinorock Capital also participated.
Primavera Capital Group has led a RMB300 million ($45 million) Series D round for online mathematics education platform Yangcong 345, with participation from Beijing Kunlun Technology and existing backer Legend Capital.
Trusted Doctors, a China-based online-to-offline (O2O) healthcare provider has raised a $250 million round led by Tencent Holdings, Gaw Capital Partners, and the VC arm of local property developer Country Garden.
Tencent Holdings has led a Series C round for China-based Tangdou, a social media platform targeting senior citizens. Other participants include GGV Capital, Shunwei Capital and IDG Capital.
China-based Yiauto, a car trading service provider that targets customers living in lower-tier cities, has raised RMB150 million ($22 million) across two tranches of a Series A round.
Luckin Coffee, China’s second largest coffee shop chain, which counts Centurium Capital and Joy Capital among its private equity investors, has filed to list in the US.
Indonesia’s fintech space represents an attractive market for Chinese start-ups looking to go cross-border. However, their reputation has been soured by misbehaving P2P lending platforms