TechCrunch

AUGUST 9, 2021

The Chinese government’s crackdown on its domestic technology industry continues, with Tencent under fresh pressure despite the company’s efforts to follow changing regulatory expectations. The Exchange explores startups, markets and money. Read it every morning on Extra Crunch or get The Exchange newsletter every Saturday.

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TechCrunch

DECEMBER 28, 2020

The rivalry between China’s top online learning apps has become even more intense this year because of the COVID-19 pandemic. The latest company to score a significant funding round is Zuoyebang , which announced toda y (link in Chinese) that it has raised a $1.6 billion Series E+ from investors including Alibaba Group.

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TechCrunch

JULY 1, 2021

Nowports , an automated digital freight forwarder in Latin America, has raised $16 million in Series A funding. Mouro Capital — a venture capital fund focused on fintechs and adjacent businesses that is backed by Banco Santander — led the round for the Monterrey, Mexico-based startup. Nowports raises $5.3

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TechCrunch

MAY 24, 2021

Long before SoftBank launched its $2 billion Innovation Fund in Latin America, and before Andreessen Horowitz began actively investing in the region , Sao Paulo-based Kaszek has been putting money into promising startups since 2011, helping spawn nine unicorns along the way.

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TechCrunch

JANUARY 28, 2022

It’s been a tumultuous few years, but China’s manufacturing industry is now on the rebound. Once an industry characterized by low-end manufacturing and intensive labor, it has transformed into a high-end manufacturing hub aided by technology. Compounding the surge is the drive to upgrade China’s industrial structure.

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TechNode

MARCH 13, 2025

Shenzhen-based UBTECH said it is the industry’s first research-grade humanoid robot under RMB 300,000, and deliveries are expected to start in the second quarter. As China pushes for leadership in robotics, this launch strengthens its position in the global humanoid robotics race.

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TechCrunch

APRIL 27, 2022

The crypto market is showing no signs of slowing down as funds and investors alike continue to deploy massive amounts of capital into the ecosystem. Today’s evidence of the trend: Dragonfly Capital, a crypto-centered investment firm, closed its third venture fund for $650 million, the firm’s managing partner, Haseeb Qureshi, told TechCrunch.

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TechCrunch

SEPTEMBER 16, 2021

SOSV this morning announced work on a $50 million HAX facility in Newark, New Jersey focused on growing industrial, healthcare and climate startups. Since 2015, HAX started investing in more industrial & health startups and today make up 90% of our new investments,” HAX partner Garrett Winther told TechCrunch.

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TechCrunch

JANUARY 10, 2022

Indonesia-based eFishery announced today that it has raised what it claims is the largest round of funding by an aquaculture tech startup in the world. The funds will be used to scale up eFishery’s platform and expand into the top 10 countries for aquaculture, including China and India.

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The Next Web

DECEMBER 2, 2013

China is looking beyond natural resources; in Israel, Chinese companies are finding the technological advantage and innovative spirit that can help them compete in their domestic market and ultimately become dominant global players. They’re investing directly in Israeli companies and are also investing in domestic venture capital funds.

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TechCrunch

DECEMBER 1, 2021

IPO is one of several key moments of the recent regulatory shift inside China regarding its leading technology companies. Bloomberg reports that China is considering removing the VIE loophole that allowed Chinese companies to list in the United States, closing a method by which local companies could access foreign capital.

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TechCrunch

DECEMBER 22, 2020

Lalamove will extend its network to cover more small Chinese cities after raising $515 million in Series E funding, the on-demand logistics company announced on its site. The round was led by Sequoia Capital China, with participation from Hillhouse Capital and Shunwei Capital. All three are returning investors.

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TechCrunch

MARCH 11, 2022

Silicon Valley’s Makers Fund took a leap of faith in Gao in early 2020 when most Chinese investors thought the founder was “out of his mind” trying to build a new social network at a time the industry was dominated by giants like Tencent. The company has not previously announced its funding amount.

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TechCrunch

SEPTEMBER 1, 2021

The startup, which has now raised $35 million in funding, added UBS as a client in May, giving the banking giant’s research analysts and institutional investor clients access to Lynk’s database and tools. As part of the funding, Lynk will broaden its collaboration with UBS Group. This brings the round’s new total to $29 million.

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TechCrunch

AUGUST 4, 2023

a joint venture between Toyota China and GAC, a Chinese state-owned automaker. The entire autonomous vehicle industry, once a darling in the VC world, has gone through a consolidation that has seen numerous startups wither and disappear, particularly in the United States. Yet, around the same time, Pony claimed to be worth $8.5

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TechCrunch

MAY 6, 2021

Over the past several years, institutional investors had largely shied away from China’s e-cigarette makers, an industry that was teeming with shoddy workshops and lacked regulatory oversight. But investors’ attitude is changing as China sets in motion its strictest-ever regulation on electronic cigarettes.

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TechCrunch

JULY 21, 2021

Indonesia is one of the world’s largest fisheries producers, but the industry is very fragmented. Aruna announced today it has raised $35 million in Series A funding led by Prosus Ventures and East Ventures Growth Fund, with participation from SIG and returning investors including AC Ventures, MDI and Vertex Ventures.

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TechCrunch

SEPTEMBER 16, 2021

This trend has led to more market opportunities in the outdoor entertainment industry. A Santa Monica-based direct-to-consumers (D2C) outdoor furniture startup company, Outer , announced today its $50 million Series B funding to help more people around the globe to bring their lives back outside. Minneapolis-based Yardbird raised $4.4

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TechCrunch

MARCH 8, 2021

Of course, Tesla is in the game with its own semi truck and, in China, Plus AI, is automating a number of vehicles from Manbang, Suning and FAW Jiefang. The benefits that would accrue to the industry are more than just financial. Autonomous trucking startup Einride eyes US market with $25 million in new funding.

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TechCrunch

MARCH 18, 2022

All Raise’s new CEO : The work of diversifying the venture capital market is far from over, and one group working to move the needle not only has plans to change the industry — but also her own team. Funds are maturing, experimenting and evolving into interesting vehicles.

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The Verge

JULY 9, 2021

is a facial recognition company with deep ties to Chinese police surveillance, and funding from US-based Sequoia Capital. DeepGlint co-founded a facial recognition lab in 2018 with Chinese authorities in Urumqi, the capital of Xinjiang, according to the South China Morning Post.

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TechCrunch

JULY 25, 2021

Data-driven iteration helped China’s Genki Forest become a $6B beverage giant in 5 years. China’s e-commerce and industrial ecosystem is as different from the Western world as its culture. China is also home to one of the world’s largest e-commerce and tech ecosystems. Finding a bigger wave to ride.

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TechCrunch

DECEMBER 4, 2020

Like many overseas Chinese, Derek Weng gets shopping requests from his family and friends whenever he returns to China. Many in China still uphold the belief that “imported products are better.” The company soon attracted seed funding from Y Combinator and just this week, it announced the completion of a pre-A round of $2.5

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TechCrunch

AUGUST 25, 2022

Nreal , the well-funded Chinese AR headset maker that’s been making aggressive global expansion, said Thursday that it has raised $15 million from Korean sunglasses brand Gentle Monster ’s parent company, IICOMBINED. .” It only debuted in China, where it’s based, in August. Japan, South Korea, Spain, and Germany.

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TechCrunch

DECEMBER 3, 2020

AutoX, a four-year-old startup backed by Alibaba, MediaTek and Shanghai Motors, is deploying a fleet of 25 unmanned vehicles in downtown Shenzhen, marking the first time any autonomous driving car in China tests on public roads without safety drivers or remote operators. AutoX itself, for instance, has raised more than $160 million to date.

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TechNode

MARCH 7, 2025

billion ($386 million) cash infusion from two investment firms controlled by the local governments of eastern Chinas Anhui province and its capital city Hefei, where the Chinese electric vehicle maker operates its manufacturing plants, according to public information. a China-based subsidiary of Nio Inc., NIO has received a RMB 2.8

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TechCrunch

APRIL 26, 2022

This is an interesting day when we see two of China’s major robotaxi foes come together, offering a clue to how the industry is evolving in the country. As autonomous driving technology and regulations advance rapidly in China, ride-hailing platforms start looking for solutions to cut labor costs.

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TechCrunch

MAY 13, 2021

Only four months after securing Series B fundraising of $310 million, Chinese autonomous driving company WeRide says it has achieved its Series C funding round that brings its post-money valuation to $3 billion. The company is also using the funds to prepare to commercialize its technology.

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Fast Company Tech

MARCH 18, 2025

The AI industry hit a significant bend in the road toward artificial general intelligence in 2024. And all the while a small AI lab in China was quietly developing new AI models, including reasoning models, that would begin sending shockwaves through the AI industry by the end of 2024.

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TechCrunch

MAY 3, 2022

AccelByte , a platform that helps game creators build backend services and tools, has raised $60 million in Series B led by SoftBank Vision Fund 2, with participation from Sony Interactive Entertainment and returning backers Galaxy Interactive and NetEase. To date, the startup has raised a total of $70 million.

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TechNode

MAY 28, 2024

The China Integrated Circuit Industry Investment Fund Phase III Co., referred to as the Phase III Fund) was registered on May 24, with a capital of RMB 344 billion ($47.5 billion), according to the National Enterprise Credit Information Publicity. Icsmart, in Chinese ]

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TechCrunch

AUGUST 4, 2021

One year after raising $16 million , construction technology company Buildots is back to claim another $30 million, this time in Series B funding. This gives the company $46 million in total funding, Roy Danon, co-founder and CEO of Buildots, told TechCrunch. Germany, Switzerland, Scandinavia and China.

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TechCrunch

JULY 5, 2022

But not all funds are timid, even if we find the present lack of material wagers on mega-projects disappointing. No, some funds are bucking the downturn by raising new, huge venture vehicles to invest in markets that don’t appear healthy from an outsider’s perspective. Next up: a16z’s massive new crypto fund.

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TechCrunch

APRIL 29, 2022

Industrial robotics has in recent years become one of the hottest tech sectors in China as the country encourages the use of advanced technology to enhance efficiency on the production floor. China roundup: Keep down internet upstarts, cultivate hard tech. and Hungary.

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TechCrunch

DECEMBER 28, 2020

Global investors are running from Chinese tech stocks in the wake of the government’s crackdown on Ant Group and Alibaba, two high-flying businesses founded by Ma Yun (Jack Ma) that were once hailed as paragons of China’s new tech elite. China postpones Ant’s colossal IPO after closed-door talk with Jack Ma.

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The Verge

JANUARY 12, 2021

It also features steer-by-wire technology, which also increases design flexibility and is not yet widely adopted in the industry. Canoo has since become a publicly traded company after merging with a blank check fund that was listed on the NASDAQ in late 2020. Ultimately, the talks fell apart. IV, later in the year.

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TechCrunch

MARCH 31, 2021

ImToken , the blockchain tech startup and crypto wallet developer, announced today it has raised $30 million in Series B funding led by Qiming Venture Partners. Founded in 2016, the startup’s last funding announcement was for its $10 million Series A, led by IDG, in May 2018.

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