Morningside Technologies
Vision Fund leads $319m round for China's XtalPi
China and US-based artificial intelligence-enabled drug development platform XtalPi has raised $319 million in Series C funding led by SoftBank Vision Fund, the investment arm of insurer PICC Group, and Morningside Venture Capital.
Chinese educational platform Lele Ketang raises $40m
Lele Ketang, a Chinese K12 education platform, has raised a $40 million Series C round led by Owl Ventures, the largest education-focused VC in the US.
China's Xpeng raises $1.5b in US IPO, soars on debut
Chinese electric vehicle manufacturer Xpeng – which has a string of PE and VC investors – gained 41% on its New York trading debut after raising $1.5 billion in an upsized IPO.
Chinese robotics player XYZ raises $20m
Source Code Capital has led a $20 million Series A round extension for XYZ Robotics, a Chinese start-up specializing in robotic hand-eye coordination. Other investors include Gaorong Capital and Morningside Venture Capital.
Chinese biotech company Arctic Vision raises $32m
China-based ophthalmology therapy provider Arctic Vision has raised a $32 million Series A round led by Morningside Ventures.
Sequoia leads $100m Series C for China's Kuaidian
Kuaidian, a Chinese interactive content provider, has raised close to $100 million in Series C funding led by Sequoia Capital China. Existing investors GGV Capital and Morningside Venture Capital re-upped.
China's Agora more than doubles in value after $350m US IPO
Agora.io, a real-time voice and video communication platform established by Tony Zhao, formerly CTO of Chinese social networking player YY.com, saw its stock gain 151% on its NASDAQ trading debut following a $350 million IPO.
Fund focus: China’s Glory wins VC backing
Glory Ventures counts several larger Chinese peers among the LPs in its latest renminbi and US dollar-denominated funds. They all want a glimpse of the firm’s deep technology pipeline
China digital enterprise services provider raises $50m
Hillhouse Capital has led an extended Series A round of funding worth $50 million for Deepexi, a Chinese start-up that provides a suite of smart data services to enterprise customers.
China’s Sensors Data secures $30m Series C-plus round
Chinese big data company Sensers Data has raised an extended Series C round of $30 million led by Xiang He Capital. Other investors include Morningside Venture Capital, DCM China, Warburg Pincus, Sequoia Capital China, Linear Venture, and FutureCap.
Glory closes third renminbi fund at $96m
Chinese early-stage investor Glory Ventures has closed its third renminbi-denominated fund at RMB682 million ($96 million) and also reached a first close of its second US dollar vehicle.
Chinese home fitness app raises $80m Series E
Keep, a Chinese mobile app that provides fitness training programs, has raised $80 million in Series E funding led by Jeneration Capital.
Toyota leads $462m round for China's Pony.ai
Pony.ai, a Chinese autonomous driving technology developer, has raised $462 million in a funding round led by Toyota Motor Corporation.
China's KeChow Pharma gets $45m Series C
Shanghai Kechow Pharma, a Chinese small molecule targeted drug developer, has raised a $45 million Series C round led by Decheng Capital.
China media platform Lizhi pursues US listing
Lizhi, a Guangzhou-based audio streaming and social networking platform backed by Matrix Partners China and Morningside Venture Capital, has filed for a US IPO.
Chinese healthcare software provider raises $212m
Taimei Technology, a Chinese cloud-based software provider that serves pharmaceutical companies and clinical research organizations (CROs) has raised RMB1.5 billion ($212 million) through an extended Series E round of funding.
Chinese enterprise software provider gets $35m Series A
Deepexi, a Chinese digital enterprise services provider, has raised $35 million in a Series A round led by Morningside Venture Capital, Hillhouse Capital and IDG Capital.
China's Horizon Robotics hits $3b valuation with Series B
Horizon Robotics, a Chinese developer of microprocessors that support machine learning and artificial intelligence (AI) technologies, has raised $600 million in Series B funding at a valuation of $3 billion.
Coatue leads $70m round for China, US-based Agora
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.
China's Linear Venture closes third fund
China’s Linear Venture has closed its third fund with a renminbi-denominated vehicle of RMB500 million ($72 million) and a US dollar-denominated vehicle of $70 million.
Ping An Ventures leads $20m round for China's Xgene
Xgene Pharmaceutical, a Chinese drug maker, has raised $20 million in a Series B round of funding led by Ping An Ventures with participation from Zhongtai Investment – a unit of Indonesia’s Sinar Mas Group – and existing investors Morningside Venture...
Morningside secures $1b for China venture fund
Morningside Venture Capital, a China-focused early-stage VC firm, has raised approximately $1 billion for its latest US dollar-denominated fund. It represents a considerable step up in size from the GP’s previous vehicle, which closed at $660 million...
Yunfeng leads $300m round for China's Xiaozhu
Xiaozhu, a Chinese online booking platform for short-term room rentals, has received a $300 million funding round led by Yunfeng Capital and Advantech Capital.
China's PingCap gets $50m Series C
PingCap, a Beijing-based start-up that provides database solutions for enterprise customers, has secured a $50 million Series C round led by Fosun Group and Morningside Venture Capital.