Articles by Larissa Ku
Sequoia leads $30m round for China's Atom Bioscience
Chinese drug developer Jiangsu Atom Bioscience & Pharmaceutical has raised $30 million in Series B funding led by Sequoia Capital China and Hong Kong-listed Livzon Pharmaceutical Group.
MGI Tech closes China's largest-ever genetics funding round
MGI Tech, a Chinese manufacturer of gene sequencing devices, has raised more than $1 billion in funding led by IDG Capital and CPE.
Investors pump $265m into BYD semiconductor unit
BYD Semiconductor, a subsidiary of Chinese vehicle maker BYD, has raised RMB1.9 billion ($265 million) from 14 investors, including Sequoia Capital China.
Taiwan's Cathay Life backs KKR Asian fund
Cathay Life Insurance, a subsidiary of Taiwanese financial group Cathay Financial Holdings, has committed $50 million to KKR’s fourth pan-Asian fund.
China smart logistics provider Galaxis raises $14m
Chinese logistics robot and intelligent equipment supplier Galaxis Technology has raised RMB100 million ($14 million) in Series D funding led by China Capital Investment Group.
China cybersecurity player Meichuang raises $21m
Hangzhou-based cybersecurity company Meichuang has raised a RMB150 million ($21 million) round led by CBC Capital and Sharewin Investment.
Southeast Asia talkbot secures $6m pre-A round
Singapore-based talkbot provider Wiz.Ai has raised $6 million in pre-A funding led by GGV Capital. ZWC Partners, Insignia Venture Partners, Wavemaker Partners, and Orion Fund also participated.
China's Sensors Data secures $30m Series C-plus round
Chinese big data company Sensers Data has raised an extended Series C round of $30 million led by Xiang He Capital. Other investors include Morningside Venture Capital, DCM China, Warburg Pincus, Sequoia Capital China, Linear Venture, and FutureCap.
Chinese game platform Reworld raises $42m Series B
Joy Capital has led a RMB300 million ($42 million) Series B round for Reworld, a platform offering training and IT tools that allow users to design their own videogames.
Glory closes third renminbi fund at $96m
Chinese early-stage investor Glory Ventures has closed its third renminbi-denominated fund at RMB682 million ($96 million) and also reached a first close of its second US dollar vehicle.
Chinese smart car wash business closes $84m Series C
1km, China’s largest car wash company, has raised RMB600 million ($84 million) in Series C funding across three tranches. The most recent - worth $30 million - was led by ClearVue Partners.
China mezzanine: Not the norm
China’s local currency mezzanine capital space is underpenetrated, underpopulated and different to comparable strategies elsewhere. A handful of domestic GPs have begun to get traction. Will others follow?
Chinese home fitness app raises $80m Series E
Keep, a Chinese mobile app that provides fitness training programs, has raised $80 million in Series E funding led by Jeneration Capital.
China's JD.com raises $230m for MRO unit
JD MRO, a subsidiary of Chinese e-commerce giant JD.com that specializes in industrial maintenance, repair and operations (MRO), has raised $230 million in Series A funding led by GGV Capital.
Deal focus: Pop Mart dominates China's dolls
Best known in China for the Molly series of fashion dolls, Pop Mart emerged as a leader before many others recognized the market potential. The Loyal Valley Capital-backed company is now preparing for an IPO
Cathay closes second mid-market fund at $860m
Cathay Capital has closed its second middle-market fund, which invests in China, Europe and North America, with EUR800 million ($860 million) in commitments. The original target was EUR1.2 billion.
China robotics, AI player Data Ground raises $35m
Data Ground, a Chinese robotics and artificial intelligence (AI) technology developer, has raised RMB270 million ($35 million) in an extended Series B round led by Shenzhen Venture Capital.
Tencent, Sequoia invest $244m in property manager Shimao
Shimao Services, the property management arm of Hong Kong-listed Shimao Property, has raised $244 million from Tencent Holdings and Sequoia Capital China.
Gaorong leads Series A for Chinese gene sequencing player
Qitan Technology, a Chinese gene sequencing company, has raised RMB100 million ($14 million) in Series A funding led by Gaorong Capital. Other backers include Yinxinggu Capital and Yahui Preision Medical Fund.
China's Oceanpine reaches $200m first close on Fund II
Oceanpine Capital has reached a first close of $200 million on its second fund, 30% of which was committed by the GP. The target is $400 million.
Dragon Ball, CDH lead Series C in China's Lehe Food
Lehe Food, a China-based distributor of fresh food and ingredients, has secured RMB400 million ($56 million) in Series C funding led by Dragon Ball Capital and CDH Investments. Existing backer Hezhi Investment re-upped.
Sunshine Life leads Series C-plus for China's Huisuanzhang
Huisuanzhang, a Chinese finance and tax management software developer, has raised $60 million in an extended Series C round of funding led by Sunshine Insurance Group. Existing investors Gaocheng Capital, Xiaomi and Swift Hover re-upped.
Chinese enterprise start-up WakeData gets $10m Series B
Chinese digital enterprise services provider WakeData has raised $10 million in Series B funding led by Redpoint China Ventures and Sequoia Capital China. Other investors include IDG Capital.
SummitView leads $99m round for China's Enflame
Enflame Technology, a Chinese artificial intelligence (AI) technology developer that provides deep learning solutions for data centers, has raised RMB700 million ($99 million) in Series B funding led by Summitview Capital.