Greenwoods Asset Management
GL Capital leads $290m investment in China’s Sangon Biotech
Chinese healthcare-focused private equity firm GL Capital has led a CNY2bn (USD 290m) investment in local life sciences company Sangon Biotech.
China smart home specialist Aqara raises $156m
Aqara, a China-based provider of smart home appliances and internet-of-things (IoT) solutions, has raised RMB1 billion ($156 million) in Series C funding.
China mRNA specialist Stemirna gets $200m in funding
Stemirna Therapeutics, which claims to be the first biotech company to bring an mRNA therapeutics and nanomedicine platform to China, has raised $200 million in funding.
VC-backed Chinese online brokerage files for US listing
Chinese online brokerage Tiger Brokers, which is backed by smart phone maker Xiaomi and a number of venture capital firms, has filed for an IPO in the US.
Vision Knight backs Chinese personal care products maker
Vision Knight Capital has led a RMB200 million ($29 million) Series C round for Soocas, a Shenzhen-based manufacturer of personal care products such as electric toothbrushes and hairdryers.
Cathay, Shenzhen Fortune lead $58m round for China’s Aihuishou
Cathay Capital Private Equity and Shenzhen Fortune Venture Capital have led a RMB400 million ($58 million) Series D round of funding for Aihuishou, a China-based electronic products recycling platform.
China B2B liquor platform Yijiupi raises $100m Series C
China-based B2B liquor-trading platform Yijiupi has raised a $100 million Series C round led by existing investor Greenwoods Asset Management.
China HR services platform Joyowo secures $15m
Joyowo.com, a Chinese online HR services platform, has raised a RMB100 million ($15 million) Series B round from VC investors including Sequoia Capital, Greenwoods Asset Management and Meridian Capital.
Source Code leads $31m round for China B2B liquor platform
China-based B2B liquor-trading platform Yijiupi has received RMB200 million ($31.3 million) in a Series B funding round led by Source Code, a VC firm created last year by Yi Cao, formerly of Ceyuan Ventures and Sequoia Capital.