Featured
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COCLEAN Technology secures US$2.9 million series A round led by ZhenFund
Chinese COCLEAN Technology, a developer of indoor air purification systems has recently announced a 20 million yuan (about US$2.9 million) series A round of investment led by Zhen Fund.
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Chinese mobile games developer ShineZone raises US$58 million in its series B fundraising
Chinese mobile game developer ShineZone has recently completed a RMB400 million (about US$58 million) series B round, and is looking to go for an IPO listing.
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Mobvista secures US$100 million credit facility from Bank of China
Bank of China granted almost US$100 million credit facility to Mobvista, a global leading mobile marketing company, marking the largest credit facility in the industry of China.
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China Media Capital, SECA to invest tens of millions of Euros in FIA Formula E Championship
CMC Capital Partners announced on Tuesday that it has invested millions of euros into Formula E Holdings, the official promoter of the FIA Formula E Championship.
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Chinese honeymoon-themed hotel Shilili secures US$14 million round led by Matrix Partners China
Shilili, a hotel in China that focuses on romantic themes has secured a RMB100 million(about US$14 million) round led by Matrix Partners China.
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Chinese gay dating app Blued raises eight-digit RMB funding from The Beijing News
Gay dating app Blued secures an eight digit RMB strategic investment from Chinese state-run media, The Beijing News’s investment arm. – Shan Shui Cong Rong Media Investment Co.
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Chinese B2B e-commerce platform Huimin to acquire Sequoia-backed Beequick
Huimin, a Beijing-based neighbourhood store startup has yesterday acquired Sequoia-backed Beequick, an online to offline delivery service. Financial details of the agreement were not disclosed.
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Food Union group secures US$225 million investment from PAG and Meridian Capital to fund expansion project in China
Food Union Group, an international group of dairy and ice cream producing companies has received a combined US$225 million investment from PAG, one of Asia’s largest private equity firms, and existing investor Meridian Capital.
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Standard Chartered Private Equity acquires Chinese beauty center operator Siyanli
Standard Charted Private Equity (SCPE) has acquired a majority stake in Siyanli, a Chinese beauty center operator. Post-acquisition, Zhu Wei will take the role of chairman at Siyanli.
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Japanese mobile payments startup Coiney secures US$7.1 million funding from INCJ, DDH and SBI Investments
Coiney, a Japanese mobile payments startup that uses an AI-integrated credit service for financial institutions announced today that it has raised funds worth 800 million yen (about US$7.1 million).