China Startups

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geek+ fundraise

Chinese Robotics Startup Geek+ Announces final fundraise of USD$200M+ Series C

Geek+ controls 10% of the global market share and has deployed over 10,000 robots worldwide till date Geek+, a Beijing-based unicorn that provides advanced robotics for logistics, announced today that it closed its Series C fundraise at over US$200 million earlier this year. The funding following a $150 million B series round in November 2018, […]

Chinese Robotics Startup Geek+ Announces final fundraise of USD$200M+ Series C Read More ยป

Geek+ controls 10% of the global market share and has deployed over 10,000 robots worldwide till date Geek+, a Beijing-based unicorn that provides advanced robotics for logistics, announced today that it closed its Series C fundraise at over US$200 million earlier this year. The funding following a $150 million B series round in November 2018,

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byd semiconductor fundraise

BYD Semiconductor Raises Additional US$113M; Second Raise in Two Months

The latest investment for BYD semiconductor follows the $267 million funding round conducted late last month BYD Semiconductor, the chipmaking arm of BYD Co. Limited, the Chinese Electric Vehicles (EVs) maker backed by Warren Buffet, has secured an additional US$113 million in a Series A+ round from 30 investors, according to an announcement on the

BYD Semiconductor Raises Additional US$113M; Second Raise in Two Months Read More ยป

The latest investment for BYD semiconductor follows the $267 million funding round conducted late last month BYD Semiconductor, the chipmaking arm of BYD Co. Limited, the Chinese Electric Vehicles (EVs) maker backed by Warren Buffet, has secured an additional US$113 million in a Series A+ round from 30 investors, according to an announcement on the

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Xmov

Sequoia-backed Startup Xmov Unveils China’s First AI Virtual Influencer

China’s virtual idol industry was valued atย $14 million in 2018, and is expected to grow toย $210 millionย by 2023 China’s first virtual key opinion leader (KOL) Ling, co-created by Sequoia Capital backed Chinese artificial intelligence (AI) startup Xmov Information Technology and Beijing Cishi Culture Media Company, made her world online debut on Monday. Ling’s team will

Sequoia-backed Startup Xmov Unveils China’s First AI Virtual Influencer Read More ยป

China’s virtual idol industry was valued atย $14 million in 2018, and is expected to grow toย $210 millionย by 2023 China’s first virtual key opinion leader (KOL) Ling, co-created by Sequoia Capital backed Chinese artificial intelligence (AI) startup Xmov Information Technology and Beijing Cishi Culture Media Company, made her world online debut on Monday. Ling’s team will

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Zentalis

No More Licensing: NY Biotech Company Zentalis Raises US$20M To Fund Chinese Venture

The joint venture Zentera will develop and commercialize Zentalisโ€™ pipeline candidates in China New York-headquartered clinical-stage biopharmaceutical company Zentalis Pharmaceuticals has closed a Series A round at $20 million to fund the establishment of joint venture Zentera Therapeutics, the company announced in a statement earlier this week. Zentalis will hold majority stakes in Shanghai-headquartered biopharma

No More Licensing: NY Biotech Company Zentalis Raises US$20M To Fund Chinese Venture Read More ยป

The joint venture Zentera will develop and commercialize Zentalisโ€™ pipeline candidates in China New York-headquartered clinical-stage biopharmaceutical company Zentalis Pharmaceuticals has closed a Series A round at $20 million to fund the establishment of joint venture Zentera Therapeutics, the company announced in a statement earlier this week. Zentalis will hold majority stakes in Shanghai-headquartered biopharma

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Oceanpine

New VC On The Block Oceanpine Raises US$200M For Its Second Fund

Oceanpine will continue to drive investments into deep tech Venture capital (VC) firms in Southeast Asia have been slow to catch up with developments in the deep tech industry, with Singapore leading the charge thanks to proactive government initiatives that promote investments in this sector. However, even in a robust startup economy such as Singapore,

New VC On The Block Oceanpine Raises US$200M For Its Second Fund Read More ยป

Oceanpine will continue to drive investments into deep tech Venture capital (VC) firms in Southeast Asia have been slow to catch up with developments in the deep tech industry, with Singapore leading the charge thanks to proactive government initiatives that promote investments in this sector. However, even in a robust startup economy such as Singapore,

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bike-sharing

Spinning the Wheel on China’s Tumultuous Bike-Sharing Industry

Prospects are picking up for China’s once-dying bike-sharing industry The bike-sharing market is part of the burgeoning global sharing economy. In China especially, this phenomenon picked up with furious intensity in 2017, only to become a bubble that burst the next year, resulting in Chinaโ€™s famous bicycle graveyards. With the situation devolving into total chaos

Spinning the Wheel on China’s Tumultuous Bike-Sharing Industry Read More ยป

Prospects are picking up for China’s once-dying bike-sharing industry The bike-sharing market is part of the burgeoning global sharing economy. In China especially, this phenomenon picked up with furious intensity in 2017, only to become a bubble that burst the next year, resulting in Chinaโ€™s famous bicycle graveyards. With the situation devolving into total chaos

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datagrand

‘Optimistic Outlook’ on Applications of AI: DataGrand’s US$38M Series B+

The funding will be used to strengthen DataGrandโ€™s tech capacity Chinese artificial intelligence (AI) semantics analysis startup DataGrand has closed its Series B+ funding round with an RMB 270 million (US$38 million) raise, the company announced in a statement. Venture capital firm Shenzhen Capital Group led the round, with participation from DataGrandโ€™s previous investors SAIF

‘Optimistic Outlook’ on Applications of AI: DataGrand’s US$38M Series B+ Read More ยป

The funding will be used to strengthen DataGrandโ€™s tech capacity Chinese artificial intelligence (AI) semantics analysis startup DataGrand has closed its Series B+ funding round with an RMB 270 million (US$38 million) raise, the company announced in a statement. Venture capital firm Shenzhen Capital Group led the round, with participation from DataGrandโ€™s previous investors SAIF

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fashion

5 Southeast Asian Startups Keeping Sustainability In Fashion

Asia Pacific startups that are leading the way in enabling responsible fashion choices Fast fashion is going out of vogue. The flourishing industry, dominated by retail mammoths Zara and H&M, is now competing with cheaper price tags from smaller local brands, the rise of online shopping, the need to change lines every few weeks, and

5 Southeast Asian Startups Keeping Sustainability In Fashion Read More ยป

Asia Pacific startups that are leading the way in enabling responsible fashion choices Fast fashion is going out of vogue. The flourishing industry, dominated by retail mammoths Zara and H&M, is now competing with cheaper price tags from smaller local brands, the rise of online shopping, the need to change lines every few weeks, and

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Chinese Robot Developer Keenon Robotics Secures US$28M in Series B Funding

The investment was led by Source Code Capital, followed by Walden International and Shanghai S&T Shanghai-based intelligent robots developer Keenon Robotics concluded its Series B funding round with close to US$28 million in investment, according to a statement released on March 9, 2020. Beijing-based Source Code Capital led the investment; new investors Walden International and

Chinese Robot Developer Keenon Robotics Secures US$28M in Series B Funding Read More ยป

The investment was led by Source Code Capital, followed by Walden International and Shanghai S&T Shanghai-based intelligent robots developer Keenon Robotics concluded its Series B funding round with close to US$28 million in investment, according to a statement released on March 9, 2020. Beijing-based Source Code Capital led the investment; new investors Walden International and

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Chinese Insurtech Startup Insgeek Raises US$25M in Series C Funding

The investment was led by SIG and Huaxing New Economic Fund Chinese insurtech startup Insgeek raised US$25 million in a Series C round of funding, according to a company statement released on March 18. The investment was led by global proprietary trading & broker-dealer firm Susquehanna International Group (SIG) and Huaxing New Economic Fund. According

Chinese Insurtech Startup Insgeek Raises US$25M in Series C Funding Read More ยป

The investment was led by SIG and Huaxing New Economic Fund Chinese insurtech startup Insgeek raised US$25 million in a Series C round of funding, according to a company statement released on March 18. The investment was led by global proprietary trading & broker-dealer firm Susquehanna International Group (SIG) and Huaxing New Economic Fund. According