Morningside Technologies
China VCs back US communications start-up
A group of VC investors including Morningside Technologies, SIG, GGV Capital, Shunwei Capital Partners and IDG Capital Partners have invested in a $20 million Series B round of funding for Agora, a US-based communications-as-a-service provider.
Tiantu leads $60m round for China electronics recycling site
Consumer-focused GP Tiantu Capital has led a $60 million Series C round of funding for Aihuishou, which claims to be the largest online electronics recycling platform in China.
Joy Capital leads $60m round for Chinese vacation rentals site
Xiaozhu.com, a Chinese short-term rental site, has completed a Series C round of funding worth $60 million led by Joy Capital, a new VC firm spun-out from Legend Capital.
Morningside, IDG provide Series B round for China’s AllMobilize
Morningside Technologies and IDG Capital Partners have invested in a Series B round of funding for AllMobilize, a Chinese start-up that helps companies create websites that are adaptive to mobile devices.
Morningside leads $15m investment in China's Luqa Pharma
Hong Kong-based pharmaceutical developer Luqa Pharma has raised a $15 million Series A round of funding led by Morningside Ventures.
Morningside backs China mathematics teaching start-up
Early-stage investor Morningside Technologies has led a $5 million Series A round of funding for Leleketang, a China-based online teaching platform that specializes in mathematics and Chinese.
Sequoia leads $15m Series B for Chinese food platform Mishi
Sequoia Capital has provided $15 million in Series B funding to Mishi, a Chinese app that aggregates private kitchens. Neil Shen, Sequoia’s managing partner, compared the business to a “gourmet version of Airbnb.”
GGV, Morningside back China real estate site Aiwujiwu
GGV Capital and Morningside Technologies have led a $120 million Series D round for Aiwujiwu, a Chinese rental and second-home listings portal. Existing investors Shunwei Capital Partners and Banyan Capital also participated.
Keytone leads $20m round for China auto service site
Keytone Ventures has led a $20 million Series A round of funding for Chemayi, a Chinese auto after-sales service platform.
Chinese parenting site Lamabang raises $100m
China online retailer Vipshop has led a $100 million Series C round of funding for Lamabang, an online social networking platform that focuses on mothers.
Renren backs China used car platform Cheyipai
Chinese social networking platform Renren has led $110 million Series D round of funding for Cheyipai, a Chinese second-hand car trading platform.
Chinese radio mobile app raises $20m Series C round
Lizhi.FM, a Chinese radio broadcasting mobile app, has raised $20 million in a Series C round of funding from Chinese smart phone manufacturer Xiaomi and Shunwei Capital Partners.
Banyan leads $35m round for Chinese wearables maker
Banyan Capital has led a $35 million Series B round of funding for Huami, a Chinese start-up that manufactures fitness wearables launched by smart phone maker Xiaomi.
Vertex leads $30m round for Chinese e-commerce site Metao
Vertex Ventures has led a $30 million round of funding for Metao, a Chinese cross-border e-commerce platform, with participation from Morningside Technologies, Greenwoods Investment and Matrix Partners.
IDG, Morningside lead $60m round for China P2P car-rental site
IDG Capital Partners and Morningside Technologies have led a $60 million Series B round of funding for PPzuche, a Chinese peer-to-peer (P2P) car-rental provider launched by Singapore’s iCarsclub.
Morningside bets on social network
"We currently have a large position in Apple. We believe the company to be extremely undervalued. Spoke to Tim Cook today. More to come." This 24-word Tweet, comprising just 111 characters, managed to push up Apple's value by $12 billion in less than...
Tencent, Morningside commit $20m in China travel site
Tencent Holdings has led a $20 million Series B round of funding for Woqu.com, a Chinese outbound travel start-up, with participation from existing investor Morningside Technologies.
Renren leads round for Chinese financial social network
China’s social networking platform Renren has led a $40 million Series C round for Snowball, a Chinese financial information portal, with participation from existing investor Morningside Technologies.
VC-backed Xunlei to buy storage business from Kingsoft
Xunlei, a Chinese file-sharing service backed by a string of VC firms, will pay $33 million to acquire a personal storage business unit owned by Kingsoft Corporation.
China beauty portal Meilapp.com raises $20m
Morningside Technologies has led a $20 million Series B round of funding for Meilapp, a Chinese mobile portal devoted to cosmetics and skincare.
IDG, Morningside commit $20m to China social networking app
IDG Capital Partners and Morningside Technologies have invested $20 million in a Series B round of funding for Maimai, a Chinese social networking app for professionals.
Nice targets selfies with style
The world has seen plenty of selfies. From dining tables to football matches, there is always someone, arm outstretched and phone in hand, keen to capture a photo of themselves for posterity. It was only a matter of time before mobile apps enabling people...
IFC leads $8m Series B for China recycling site Aihuishou
International Finance Corporation (IFC) has led a $8 million Series B round of funding for Aihuishou, a Chinese electronics recycling start-up.
Chinese image-sharing app Nice raises $20m
Nice, a Chinese brand-tagging social mobile app, has secured $20 million in a Series B round of financing led by H Capital, with participation from VY Capital, Matrix Partners and Morningside Technologies.