Qiming Venture Partners
Matrix China leads $60m round for Nasn Automotive
Shanghai-based Nasn Automotive, a manufacturer of vehicle wiring and brake systems, has raised RMB400 million ($60 million) in a Series B round of funding led by Matrix Partners China.
China VC firm Qiming announces promotions
China’s Qiming Venture Partners has announced the promotion of several staff members, including Stella Zhou (pictured), who is the first person to be elevated from associate to partner within the firm.
Deal focus: Antengene targets unmet cancer problems
Chinese drug developer Antengene wins backing from the likes of Boyu Capital and FountainVest Partners for a pipeline of treatments that address the country's growing cancer problem
Advantech leads $55m round for China biotech player
Advantech Capital has led a $55 million Series B funding round for China’s Connect Biopharmaceuticals with support from Qiming Venture Partners.
Chinese recruitment business gets $23m Series B
WorkTrans, a Chinese human resources services provider, has raised RMB160 million ($23 million) in the first tranche of a Series B round led by Qiming Venture Partners.
PE-backed Chinese fashion platform Mogujie files for US IPO
Chinese online shopping and social networking business Mogujie has filed to list in the US. The company's investors include Tencent Holdings, Trustbridge Partners, and Hillhouse Capital.
Operational value-add: Active duty
VCs are under pressure to improve operational capacity as competition heats up in Asia’s start-up ecosystems. Methodologies filtering over from the US are finding both disciples and skeptics
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.
Qiming leads Series B-plus for China's Jingling
Chinese social e-commerce platform Jingling has closed an extended Series B round - said to be worth millions of US dollars - led by Qiming Venture Partners.
Alliance Ventures backs China's WeRide
Alliance Ventures, an automotive-focused venture capital unit set up by Renault, Nissan Motor and Mitsubishi Motors, has invested in Chinese autonomous vehicle technology company WeRide.
Insight hits $72m second close on China healthcare fund
China’s Insight Capital has reached a second close on its latest healthcare fund with commitments of RMB500 million ($71.7 million).
SE Asia-focused Chinese fintech player gets $70m Series C
Akulaku, a Chinese consumer finance platform that primarily serves customers in Southeast Asia, has raised $70 million in a Series C round led by fintech company Finup Group. Sequoia Capital India, Blue Sky Venture Capital, and Qiming Venture Partners...
Chinese new energy vehicle rental platform raises $43m
DST, a new energy vehicle rental service platform that mainly serves logistics companies, has raised RMB300 million ($43 million) in the first tranche of a Series B round led by Bojiang Capital, with participation from Japan's Itochu Corporation.
US-China biotech: Troubled transfers
Chinese investment in US biotech – and its ability to import intellectual property for domestic drug development – looks set to be a casualty of worsening relations between the two nations
China's Cootek struggles on trading debut, vows to push forward
CooTek – the VC-backed Chinese app developer behind the TouchPal smart phone keyboard – shrugged off a disappointing trading debut in New York and pledged to cultivate new products with a view to easing reliance on its flagship offering.
Chinese auto after-sales services player Tuhu raises $450m
Tuhu, a Chinese B2C platform specializing in automobile after-sale services, has raised $450 million in a Series E funding round led by investors including Tencent Holdings, The Carlyle Group, and Sequoia Capital.
Qiming, Hillhouse back China's Jacobio Pharma
Chinese drug maker Jacobio has secured a $55 million Series C funding round led by Qiming Venture Partners and Hillhouse Capital, with participation from Prudence Investment Management.
Qiming, Sequoia-backed CooTek files for US IPO
CooTek, a Chinese company that also goes by the name of Chubao and is best-known for the TouchPal smart phone keyboard, is seeking to go public in the US.
China's Koala Reading raises $20m Series B round
Beijing Xiangyue Education Technology, operator of the Koala Reading platform that assesses the difficulty of Chinese language texts and helps schools create digital libraries, has received $20 million in Series B funding.
China's CureGenetics gets $17m Series A round
Qiming Venture Partners has led a $17 million Series A funding round for Chinese biotechnology company CureGenetics.
Chinese voice AI specialist Unisound receives $89m
Unisound, a Chinese artificial intelligence (AI) solutions provider that specializes in voice recognition and language processing, has received RMB600 million ($89 million) in Series C-plus funding.
Xiaomi raises $4.7b in Hong Kong IPO
Chinese smart phone maker Xiaomi has raised HK$37 billion ($4.72 billion) in its Hong Kong IPO at a valuation of $54 billion – well below the totals it had originally targeted.
Qiming leads $37m round for China's Alpha Biopharma
China’s Qiming Venture Partners has led a $37 million Series A investment in domestic biopharmaceutical start-up Alpha Biopharma.
China's Xiaomi set to lead the way on CDRs
Xiaomi, a private equity-backed Chinese smart phone maker that filed for a Hong Kong IPO last month, has become the first company to apply to issue Chinese Depository Receipts (CDRs).