Tech in China
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Tech in China

210131 Weekly Funding News

Didihuoyun(滴滴货运), a 1-year-old, Tianijing-based, freight platform, has raised $1.5 billion in the first round of financing, backed by Temasek, CITIC Private Equity Funds, and IDG Capital.

Topi Medical(图湃医疗), a 3-year-old, Beijing-based, company that focuses on high-end ophthalmic medical equipment and core optoelectronic devices independent research and development and manufacturing, has raised 150 million yuan ($21+ million) in Series A round of financing, led by SinoKing Capital, followed by Shuimu Ventures, THC Ventures, TusStar, and Beijing Zhongguancun Development Frontier Enterprise Investment Fund.

Xinheyun(新核云), a 5-year-old, Shanghai-based, digital factory full-stack solution provider, has raised 150 million yuan ($21+ million) in Series B+ round of financing, led by Cowin Capital and IDG Capital, followed by Northern Light Venture Capital.

Newlink(能链), a 4-year-old, Qingdao-based, energy IoT EIOT, and new energy retail platform has raised 100 million yuan ($14 million) in strategic financing, led by CMB International Capital, followed by Aplus Capital, Joy Capital, and NIO Capital.

Zhuizhikeji(锥智科技), a 2-year-old, Shanghai-based, smart retail integrated solution service provider, has raised 50 million of yuan ($7+ million) in Series A+ round of financing, led by Lenovo Ventures, followed by GGV Capital and Matrix Partners.

SCM(领猫), a 4-year-old, Shanghai-based, SaaS service provider for apparel supply chain, has raised tens of millions of yuan ($1.4+ million) in Pre-A round of financing, backed by Alchemy capital and Fuzhuo Capital.

Cluing(凌犀物联), a 9-year-old, Suzhou-based, 5G+ industrial Internet technology supplier, has raised 10 million of yuan ($1.4 million) in Angel round of financing, backed by Water Drop Stone Angel Fund.

Fudibao(福迪宝), a 1-year-old, Beijing-based, microwave frozen food brand, has raised tens of millions of yuan ($1.4+ million) in Series Angel round of financing, backed by Telescope Ventures.

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Stories about China’s tech giants, startups, funding, venture capital, trends, and industries of tomorrow.

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Tech In China

Tech In China

Stories about China’s tech giants, startups, funding, venture capital, trends, and industries of tomorrow.

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