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Xiaopeng expects to raise another $300m

The electric vehicle producer is adding $300m to an initial $500m in series C-plus funding as the Alibaba, Foxconn, UCar and Xiaomi-backed company gears up for a US listing.

Aug 3, 2020

Tongcheng Life links up with Linlinyi

Bertelsmann, Joyy and Tencent-backed group buying platform Tongcheng Life has joined forces with Suning-backed peer Lininlyi in a deal that involved a nine-figure dollar investment.

Aug 3, 2020

Auto1 parks $300m in its account

The SoftBank-backed automotive e-commerce company secured convertible note financing in a round co-led by Farallon Capital Management and Baupost Group.

Aug 3, 2020

Stic Investments to kick $200m over to Grab

The private equity firm will join investors in the on-demand ride service including SoftBank, Toyota, Hyundai, Kia, Qunar, Booking.com, Central Group, Yamaha, Microsoft, Didi and Ping An.

Aug 3, 2020

Jiemian-Cailian sails to series C stage

The corporate-backed financial news and data provider secured $71.5m from backers including Xu Hui Guo Tou and China Internet Investment Fund.

Aug 3, 2020

Analysis: A look at first-time corporate investors

Over the past four quarters, almost one of every four corporate investors seems to be new, even in lockdown.

Aug 3, 2020

OpenSpace obtains series B funding

JLL Spark returned to back a $15.9m round for the construction imaging technology developer, taking its overall funding to more than $33m.

Aug 3, 2020

Buildots broadcasts $16m in funding

Tidhar Construction and Innogy Ventures have both invested in the building imaging software startup, which has revealed seed and series A rounds.

Aug 3, 2020

Advertima achieves series A close

Fortimo led a $17.8m round for the retail management technology provider, which will channel the funding into product development.

Aug 3, 2020

RangeForce racks up $16m in series A

Cisco Investments participated a series A round for the cyber defence training provider that was led by Energy Impact Partners.

Aug 3, 2020
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