Startups

Zhejiang Huamei Pens Four-Way Deal to Set Up Blockchain Incubator

Zhejiang Huamei Pens Four-Way Deal to Set Up Blockchain Incubator

Zhejiang Huamei Pens Four-Way Deal to Set Up Blockchain Incubator

Aug 4, 2018
Liu Jing &Tang Shihua
Chinese Agricultural Broker Bags Tens of Millions of Yuan in Pre-A Round

Chinese Agricultural Broker Bags Tens of Millions of Yuan in Pre-A Round

Chinese cross-border small agricultural product brokerage service E-Commodity Exchange has bagged tens of millions of yuan in a pre-A round of funding led by QC Capital.

Aug 2, 2018
Chen Juan & Liu Jing
E-Bike Startup Qeebike Raises USD10 Million in A+ Round, Led by Kymco Capital

E-Bike Startup Qeebike Raises USD10 Million in A+ Round, Led by Kymco Capital

Shared electric bike startup Qeebike Technology has raised USD10 million in its A+ round of financing, while closing its ears…

Aug 2, 2018
Tang Shihua & Liu Jing
Shanghai Firms Claim 21 Slots on China’s Top 100 Web Firms List

Shanghai Firms Claim 21 Slots on China’s Top 100 Web Firms List

As many as 21 Shanghai-based firms made the list of top 100 internet companies in China, per latest official data,…

Jul 30, 2018
Qian Tongxin
Wound-Up Xiaoming to Sell Off Shared Bikes at USD2 Each

Wound-Up Xiaoming to Sell Off Shared Bikes at USD2 Each

Xiaoming Bike, which once held a significant market share in China’s second and third-tier cities, will sell its two-wheelers at…

Jul 27, 2018
Liu Jing & Tang Shihua
Sino-Tech Cloud Innovation Reaps Over USD1.47 Million in Series-A

Sino-Tech Cloud Innovation Reaps Over USD1.47 Million in Series-A

Chinese Industrial Internet of Things startup Sino-Tech Cloud Innovation has secured more than CNY10 million (USD1.47 million) in its Series-A funding.

Jul 26, 2018
Liu Jing & Tang Shihua
Haier Leads Funding Round in Washing Machine Sharing Platform

Haier Leads Funding Round in Washing Machine Sharing Platform

Light Oxygen Technology, which runs a software-based shared washing machine platform, has bagged CNY55 million (USD8 million) in a funding round led by home appliance giant Haier’s investment arm.

Jul 25, 2018
Liu Jing & Tang Shihua
China's State-Owned Funds Pour USD88.6 Mln Into AI Firm Unisound in Series C+

China's State-Owned Funds Pour USD88.6 Mln Into AI Firm Unisound in Series C+

Chinese artificial intelligence firm Unisound Information Technology has completed its Series C+ of financing worth CNY600 million (USD88.6 million).

Jul 20, 2018
Tang Shihua
Microsatellite Maker Spacety’s USD22.15 Million Series-B Reaches Orbit

Microsatellite Maker Spacety’s USD22.15 Million Series-B Reaches Orbit

Spacety, a commercial microsatellite developer, recently secured CNY150 million (USD22.15 million) in its series-B financing. Proceeds will go to the…

Jul 20, 2018
Tang Shihua
Xiaomi Fintech Unit Fumi Technology Closes USD30 Million Round-B Funding

Xiaomi Fintech Unit Fumi Technology Closes USD30 Million Round-B Funding

Hunan province-based Fumi Technology, a financial technology startup incubated by mobile phone behemoth Xiaomi, announced yesterday that it has pooled…

Jul 20, 2018
Dou Shicong
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

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