BlueRun Ventures
Chinese car trading platform Yiauto raises $22m
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.
Tencent leads $74m round for China crowdfunding platform
Shuidi, the operator of Shuidichou, a Chinese crowdfunding platform for patients with critical medical conditions, has raised RMB500 million ($74 million) in a Series B round of funding led by existing investor Tencent Holdings.
Tiger Global leads round for China online music tuition business
VIP Peilian, a Chinese online music education platform, has raised $150 million in a Series C round of funding led by Tiger Global Management.
Affinity, BRV seal Shinsegae e-commerce deal
Affinity Equity Partners and BRV Capital Management have finalized an agreement with Shinsegae that will see them invest a combined KRW1 trillion ($878 million) in the South Korean retail group’s e-commerce business.
VCs commit $15m to Chinese art tuition start-up
Chinese online art tutoring services provider Meishubao has raised $15 million in the third tranche of a Series B round led by BHG Long Hills Capital.
VCs invest $20m in China's Ultrain
A group of VCs including CDC Capital, Morningside Ventures, and Draper Dragon have backed a $20 million round for Ultrain that values the Chinese blockchain technology provider at $200 million.
Lightspeed, Blue Run back Chinese mapping player Wayz.ai
Lightspeed China Partners and Blue Run Ventures have participated in an $80 million Series A funding round for Wayz.ai, a Chinese smart mapping service provider.
China’s CHJ Automotive raises $474m Series B
Chinese electric vehicle maker CHJ Automotive has completed a RMB3 billion ($474 million) Series B round led by Matrix Partners China and Shougang Fund, an investment firm backed by state-owned steel producer Shougang Corporation.
Affinity, BRV support Shinsegae e-commerce spin-out
Affinity Equity Partners and BRV Capital Management are supporting a spin-out of assets owned by South Korean retail conglomerate Shinsegae Group, which will see more than KRW1 trillion ($940 million) invested in a new e-commerce unit.
Tencent, Orchid Asia back China music learning platform
VIP Peilian, a Chinese online music tutoring platform, has completed a Series B round of funding led by Tencent Holdings and Orchid Asia.
Vertex leads $50m round for China’s Guoxiaomei
Vertex Ventures China has led an initial Series C round of funding worth $50 million for Guoxiaomei, a self-service smart shelf operator.
China's Qudian gains on debut after $900m US IPO
Qudian, a VC-backed Chinese micro-lending services provider, closed up 22% on its New York Stock Exchange debut, following a $900 million IPO.
China’s VC-backed Qudian files for US IPO
China-based Qudian, previously known as Qufenqi, a VC-backed micro-lending services provider, has filed for an IPO on the New York Stock Exchange.
BlueRun, Tencent back Chinese healthcare services platform
BlueRun Ventures and Tencent Holdings have co-led a RMB160 million ($24 million) Series A round of funding for Shuidi, a China-based healthcare services platform that aims to help people pay for medical services.
China C2C used car platform Guazi raises $400m
Guazi, an online consumer-to-consumer (C2C) used car trading platform that spun out from US-listed Chinese classifieds site 58.com, has completed a $400 million Series B round led by existing investor Sequoia Capital China.
China’s QingCloud raises $160m, prepares for onshore IPO
China-based cloud computing platform QingCloud, which is backed by several VC investors, has raised a new round of renminbi-denominated funding worth RMB1.08 billion ($160 million).
China cloud computing player EasyStack raises $50m
EasyStack, a Beijing-based cloud platform and services provider, has completed a $50 million Series C round of funding led by CASH Capital.
China VC: Early birds
With concerns that China's venture capital boom is heading for a bust, investors are increasingly targeting early-stage strategies. Renminbi funds are also coming more into the reckoning
BlueRun closes $500m China early-stage VC fund
BlueRun Ventures has closed its latest China-focused fund - comprising US dollar and renminbi-denominated tranches - with more than $500 million in aggregate commitments.
China Huace invests $64m in VC-backed Xiao Hong Chun
China Huace Film & TV has acquired a 35% stake in Xiao Hong Chun, a Chinese VC-backed video e-commerce platform, for $63.85 million.
China's VC-backed Qufenqi raises $490m pre-IPO round
Qufenqi, a Chinese retailer that allows online buyers to pay in installments for consumer electronics purchases, has raised approximately RMB3 billion ($490 million) in pre-IPO financing.
BlueRun leads $100m Series C for China's QingCloud
China-based cloud computing platform QingCloud has raised a $100 million Series C round led by existing investor BlueRun Ventures.
Ant Financial leads $200m round for China’s Qufenqi
Ant Financial Service Group, Alibaba Group's online financial services affiliate, has led a $200 million round of funding for Qufenqi, a Chinese electronics retailer that allows buyers to pay in installments.
Rushan leads $16m round for China's EasyStack
Rushan Capital has led a $16 million Series B investment in EasyStack, a Chinese cloud-based software provider. YingDong Investment and existing investor BlueRun Ventures also took part in the round.