Chinese logistics cloud-based software provider Keking has raised RMB1 billion ($143.7 million) in a Series C round of funding led by Ant Financial and Centurium Capital.
Chinese B2B internet security services provider 360 Enterprise Security Group has raised RMB1.25 billion ($180 million) in a pre-Series B round of funding.
Hong Kong-based merchant bank Ion Pacific has raised $30 million for a technology fund that will acquire secondary positions in venture and growth funds as well as take direct stakes in portfolio companies.
L Catterton Asia has invested an undisclosed amount in Will’s Group, a China-based operator of fitness facilities and services, to support its domestic expansion plans.
Taiwan’s Financial Supervisory Commision, which is responsible for the island’s securities markets, banking, and insurance sector, has increased the cap for Taiwanese insurers to invest in private equity.
ADM Capital has closed its Asia Secured Lending Facility II (ASLF II) with $178 million for small and medium-sized enterprises (SMEs) in Asia.
WuXi NextCode, a genome sequencing analysis business with ties to China-based contract research organization WuXi PharmaTech, has raised $200 million in a Series C round of funding from a consortium led by the Ireland Strategic Investment Fund (ISIF).
China and US-based artificial intelligence (AI) solutions provider Aibee has raised $60 million in a Series A round of funding led by Sequoia Capital China and Red Star Macalline, a Hong Kong-listed furniture mall operator.
Oriente, a Hong Kong financial technology company backed by local investor BlackPine Private Equity, has raised $105 million in seed funding from a group of family offices.
WorkTrans, a Chinese human resources services provider, has raised RMB160 million ($23 million) in the first tranche of a Series B round led by Qiming Venture Partners.
Chengdu-based logistic service provider Juma Peisong has raised RMB1.5 billion ($216 million ) in a Series C round of funding with participation by a number of institutional investors including existing backers Global Logistic Properties (GLP) and Sino-Ocean...
BabyTree, a Chinese parent-focused social networking platform that engaged in a corporate restructuring intended to facilitate an onshore listing but then 12 months later decided to go public in Hong Kong, has raised HK$1.7 billion ($217.3 million) in...
Tongcheng-Elong, a Chinese online travel services company backed by Tencent Holdings, Ctrip and local PE player Ocean Link, surged on its Hong Kong trading debut following a HK$1.62 billion ($207 million) IPO.
Elens Data, a Beijing-based developer of artificial intelligence (AI) text and natural language analysis solutions, has raised RMB150 million ($22 million) in a Series A round led by Matrix Partners China with participation from Ceyuan Ventures.
Hong Kong-based EmergeVest – a PE firm established by former executives from HSBC’s Asia principal investments division – has consolidated ownership of six UK logistics assets into a single platform with GBP850 million ($1 billion) in annual revenue.
China Everbright (CEL) has set up a RMB2 billion ($288.2 million) fund-of-funds with the local government of the city of Liyang in Jiangsu province.
Data Grand, a Chinese natural language processing (NLP) solution developer, has raised RMB160 million ($23.1 million) in a Series B round of funding led by Chenshan Asset Management, an arm of Chinese venture capital firm China Broadband Capital.
Baibu, a Chinese B2B trading platform for textiles and fabrics, has received $100 million in a second tranche of Series C funding led by Tiger Global Management.
Tuanche, a VC-backed Chinese online auto services platform that specializes in group buying, raised $20.3 million in its US IPO after pricing its shares towards the low end of the indicative range.
Hangzhou-based electric car maker LeapMotor has raised RMB2 billion ($288 million) in a Series A round of funding led by Shanghai Electric - a Hong Kong-listed Chinese power generation and electrical equipment manufacturer.
Yunzhangfang, a Chinese corporate tax and financial management software-as-a-service (SaaS) provider, has raised RMB300 million ($43.2 million) in a Series C round led by Hillhouse Capital.
Geek+, a Chinese manufacturer of robots for use in logistics and warehousing, has closed its Series B round with $150 million in commitments. It is claimed to be the largest financing globally in the logistics robotics space and it takes Geek+’s valuation...
Chinese commercial space launch start-up LandSpace has secured RMB300 million ($43 million) in an extended Series B round led by China Growth Capital.
Agora.io, a real-time voice and video communication platform established by Tony Zhao, formerly CTO of Chinese social networking player YY.com, has received $70 million in Series C funding led by Coatue Management.