GGV Capital and Lightspeed Venture Partners have together invested RMB100 million ($14.7 million) in the second round of financing raised by MediaV, a leading provider of digital advertising technology and services in China.
Upon MediaV’s incorporation in 2009, Lightspeed Venture, investing from its $800 million fund VIII, participated in the initial round of financing. Aside from its head office in Shanghai, MediaV operates...
The government of Shenzhen, China has launched a VC fund with an initial corpus of RMB500 million ($79 million) to invest in blockchain start-ups in the city.
Sequoia Capital China and Serica Partners have co-led an $11 million Series A round for US-based molecular diagnostics start-up NuProbe.
Shenzhen Capital has joined a $30 million Series C round for US-based 3D printing company Formlabs that will support an expansion effort in China and Asia.