China Broadband Capital
China battery component supplier secures $296m pre-IPO round
Kuntian New Energy, a China-based developer of artificial graphite used in lithium-ion batteries, has raised a pre-IPO funding round of CNY2 bn (USD 296m) from a string of financial and strategic investors.
China healthcare big data player pursues US listing
Chinese healthcare big data company LinkDoc Technology, which counts New Enterprise Associates (NEA), China Broadband Capital, and Temasek Holdings among its investors, has filed for an IPO in the US.
China's Tuya completes $915m IPO, gains on debut
Tuya, a Chinese start-up that claims to be the world’s largest platform-as-a-service (PaaS) provider in terms of number of smart devices powered, raised $915.4 million in its US IPO. The offering was priced above the indicative range yet still registered...
PE-backed Chinese SaaS player pursues US IPO
CDP, a Chinese human resources software-as-a-service (SaaS) platform that counts NASDAQ-listed 51job and China Broadband Capital (CBC) as its largest external investors, has filed for an IPO in the US.
Tencent, Sequoia lead $100m Series C for China’s Smart Fabric
Smart Fabric, a start-up that seeks to digitize China’s textile industry, has received a $100 million Series C round jointly led by Tencent Holdings and Sequoia Capital China.
PE-backed AsiaInfo raises $115m in Hong Kong IPO
AsiaInfo Technologies, a Chinese telecom software provider that was privatized by a CITIC Capital-led consortium in 2014, has raised HK$899.3 million ($115 million) in its Hong Kong IPO.
Chinese logistics fleet manager raises $320m
G7, a China-based logistics fleet management systems provider, has raised $320 million in funding round led by Hopu Investment Management.
China's PE-backed AsiaInfo files for HK IPO
AsiaInfo Technologies, a Chinese telecommunications software provider backed by a number of private equity firms, has filed for a Hong Kong IPO.
Future Fund backs $200m round for China's Tuya Smart
Australia’s Future Fund has joined a $200 million Series C round of funding for Tuya Smart, a Chinese internet-of-things (IoT) and voice artificial intelligence (AI) platform.
Eight Roads leads $15m Series B for China's Kyligence
Kyligence, a Chinese big data analytics business, has received $15 million in Series B funding led by Eight Roads, with participation from Cisco and several existing investors.
KPCB leads $20m round for China cross-border retail player
KPCB has led a $20 million Series B funding round for BorderX Lab, a US-based e-commerce services company that helps global retailers connect with Chinese consumers.
CBC, Ocean Link lead $40m round for China’s Yitiao
China Broadband Capital (CBC) and Ocean Link – a travel and tourism-focused PE firm – have jointly led a $40 million Series C round for Yitiao, a Chinese online platform that offers lifestyle video content and retail services.
Joy Capital leads $105m round for China’s Shopex
Joy Capital, a Chinese VC firm that spun out from Legend Capital, has led a RMB700 ($105 million) Series D round for Shanghai ShopEx Network Technology, an e-commerce software and services provider.
China’s Cloudwise raises $26m from VCs
CBC Capital has led a $26 million Series C round for Cloudwise, a Beijing-based application performance management (APM) solutions provider, with participation from SIG Asia and Sequoia Capital China.
CDB Capital leads $42m round for China fintech firm Wacai
CDB Capital, the fund management arm of China Development Bank, has led a $42 million round for Wacai, a Chinese finance management mobile app developer.
China cloud storage firm Qiniu raises $100m
Qiniu, a Chinese cloud storage service provider, has received a $100 million Series D round from China Broadband Capital (CBC), Telstra Ventures and Chinese mutual fund provider Harvest Global Investments.
Sequoia, CBC back Airbnb to expand in China
Airbnb, an online vacation home rental marketplace based in San Francisco, has forged a partnership with China Broadband Capital (CBC) and Sequoia China to expand into the Chinese market.
All-Stars Investment leads $300m round for China’s Tujia
All-Stars Investment has led a $300 million new funding round for Tujia.com, valuing the Chinese vacation-rental website at more than $1 billion.
Chinese personal finance app Wacai secures additional $80m
Hangzhou Wacai Science, a Chinese personal finance management mobile app developer, has raised an additional $80 million in an extended Series B round of funding led by New Horizon Capital.
CBC leads $15m round for China public transport app
China Broadband Capital (CBC) has led a $15 million Series B round of funding for Chelaile, a Chinese public bus tracking app.
Qiming leads $30m round for China internet security firm
Qiming Venture Partners has led a $30 million Series B round of funding for FraudMetrix, a Chinese internet security solutions provider.
Fosun, Tencent lead $35m round for US medical device start-up
China's Fosun International and Tencent Holdings have led a $35 million Series B round for Scanadu, a US-based medical technology start-up working on devices that can send diagnostic tests directly to smart phones.
China manicure service app raises $50m Series C from VCs
Helijia, a Chinese mobile app for booking manicure appointments, has raised a $50 million Series C round of funding from several venture capital investors, valuing the start-up at approximately $300 million.
Chinese personal finance app Wacai raises $50m
Hangzhou Wacai Science, a Chinese personal finance management mobile app developer, has raised $50 million in a Series B round of funding led by China Broadband Capital and CICC Capital, a PE arm of China International Capital Corporation.