Autonomous driving startup HoloMatic bumps up Series C with fresh $42m funding
GAC Capital made yet another investment in the Beijing-based startup.
HongShan sets up Singapore office for SE Asia bets: Report
Many China-focused investment firms have been recently building up presence in the city-state.
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.
Meituan to buy all shares of AI startup Light Year from HongShan, co-founder
The deal includes a $28m payment to HongShan, which holds a 2.44% stake in Light Year.
China’s Monolith closes debut USD fund despite market shift to RMB dealmaking
Monolith was founded in 2021 by ex-HongShan partner Cao Xi and former Boyu Capital exec Tim Wang
