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Venture Capital

Space Pioneer bags funding and 50 more updates from Greater China worth $1.3b

The Series C round was joined by CICC Capital and Youshan Capital.

Analysis

China Deal Review: At $4.8b, PE-VC dealmaking rebounds to hit four-month high in June

There were 13 megadeals in June, compared with only five in May, that raised a combined $2.9b.

Private Equity

China Digest: Shenzhen Capital, Value Partners set up GBA fund; CICC Qichen Fund II hits final close

CICC Capital has closed a new blind-pool equity investment fund at 4.2b yuan ($579.2m).

Analysis

CICC Capital bans consulting firm Capvision after China crackdown

Capvision is the latest consultancy and due diligence firm to get caught in Beijing's sweeping crackdown.

Venture Capital

China Digest: Kingstar, Primon Medical, PMT bag funds

PMT is preparing to apply for an IPO on the STAR Market.

Venture Capital

China Digest: Global Technology, Ubrigene, Chamlion raise funding

Global Technology previously garnered $31m in a Series B++ round.

Analysis

China retains position as world’s second largest unicorn hub: Hurun

The US and China accounted for 72% of the world’s unicorns; India ranked 3rd with 68 unicorns.

Venture Capital

China’s lithium-ion battery maker Libode closes $375m ahead of planned IPO

CICC Capital and GAC Capital are among investors of the Series B round.

Analysis

Greater China Deal Review: At $2.6b, PE-VC dealmaking hits record low in March

Deal value was down 60% from Feb, mostly due to the lack of big-ticket deals.

Venture Capital

CICC Capital holds first close of new economy fund at $145m

It will focus on investment opportunities in China's Greater Bay Area.

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