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.
The first tranche was committed by China Renaissance K2 Ventures (K2VC), while the second tranche saw participation from GGV Capital and Bluerun Ventures. Founded in 2015, the Xiamen-based company offers...
Fosun Group has agreed to invest RMB130 million ($18.4 million) in Pet Doctor, a Chinese one-stop pet services platform that supplies everything from software for pet hospitals to consultations for pet owners.
Japan Post Investment Corporation (JPIC) has backed a $33 million Series C round for Atonarp, a Tokyo-based molecular diagnostics systems developer that uses artificial intelligence (AI).
J.P. Gan (pictured), who spent 12 years with Qiming Venture Partners before striking out on his own earlier this year, has reached a first close of $163 million on his debut China fund.
Xyb2b.com, a B2B platform that helps Chinese e-commerce companies source products from overseas, has completed an extended Series B round of funding worth $100 million.