FINANCING

Taimi Bags Biggest Ever Investment in Medical Robot Sector

Taimi Bags Biggest Ever Investment in Medical Robot Sector

Taimi Robotics Technology has bagged CNY200 million (USD29 million) in B-round financing, marking the largest single investment in the medical robot market to date.

Jul 17, 2018
Tang Shihua
China's E-Contract Verifier 51Signing Raises Funds to Leverage Blockchain

China's E-Contract Verifier 51Signing Raises Funds to Leverage Blockchain

China's digital contract signing platform 51Signing Technology has raised its second round of funds toward enhancing its blockchain technology and customer service.

Jul 13, 2018
Tang Shihua
Starbucks Antagonist Luckin Coffee Joins Ranks of China’s Unicorns

Starbucks Antagonist Luckin Coffee Joins Ranks of China’s Unicorns

Starbucks Antagonist Luckin Coffee Joins Ranks of China’s Unicorn. Luckin Coffee has become China’s first coffee chain unicorn after a…

Jul 12, 2018
Xu Wei
Chinese Classifieds Site Founder to Take 5% Stake in Struggling Auto Dealer

Chinese Classifieds Site Founder to Take 5% Stake in Struggling Auto Dealer

Cash-strapped car dealer Pangda Automobile Trade plans to offload a 5 percent stake as part of efforts to help the firm alleviate debt pressure and gain access to new credit financing.

Jul 4, 2018
Tang Shihua
Entertainment Investor CMC Raises USD1.5 Bln in A-Round, Led by Heavyweights

Entertainment Investor CMC Raises USD1.5 Bln in A-Round, Led by Heavyweights

Entertainment-related private equity firm China Media Capital has raised nearly CNY10 billion in its A-round of financing, led by industry heavyweights.

Jul 3, 2018
Tang Shihua
Airwallex Closes Series B Fundraising With USD80 Mln

Airwallex Closes Series B Fundraising With USD80 Mln

International payments company Airwallex today announced the successful completion of its Series B fundraising. The company has now secured USD80…

Jul 2, 2018
Yicai Global
China's NIO Among Smart Garage-Maker AIpark's B-Round Investors

China's NIO Among Smart Garage-Maker AIpark's B-Round Investors

China's smart parking operator AIpark has raised hundreds of millions of Chinese yuan in its latest round of financing to tap congested cities' demand for parking space with lower operating cost.

Jun 28, 2018
Dou Shicong
China's Touch Bags Angel Funding to Make More Trendy Health Supplements for the Young

China's Touch Bags Angel Funding to Make More Trendy Health Supplements for the Young

Chinese medical supplement firm Touch has raised CNY3 million (USD454,000) from an angel investor to develop its products and accumulate more customers.

Jun 27, 2018
Tang Shihua
Evergrande Health Shares Soar 66% on Faraday Future Investment

Evergrande Health Shares Soar 66% on Faraday Future Investment

Shares in the health unit belonging to Evergrande Group, China's largest real estate developer by sales, skyrocketed today on its…

Jun 26, 2018
Tang Shihua
China's Evergrande to Invest USD854 Mln for the Biggest Stake in Troubled Faraday Future

China's Evergrande to Invest USD854 Mln for the Biggest Stake in Troubled Faraday Future

A Hong Kong-unit of Evergrande Group, China's largest real estate developer by sales, will invest HKD6.7 billion to become the…

Jun 26, 2018
Tang Shihua
Lanren Shuting Bags USD31 Million to Better Serve Rising Audiobook Sector

Lanren Shuting Bags USD31 Million to Better Serve Rising Audiobook Sector

Lanren Shuting Bags USD31 Million to Better Serve Rising Audiobook Sector. Shenzhen Lanren Online Technology, the firm behind audiobook platform…

Jun 25, 2018
Tang Shihua
Filmmaker Zhang Yimou’s VR Firm Scoops Funding for Virtual Theme Park

Filmmaker Zhang Yimou’s VR Firm Scoops Funding for Virtual Theme Park

Sky Limit Entertainment, a virtual reality company co-founded by critically acclaimed Chinese film director Zhang Yimou, plans to use the…

Jun 21, 2018
Tang Shihua