Venture Capital

Keber Technology’s pre-IPO round and 27 other Greater China deals worth over $245m

SAIC Motor-affiliated Shang Qi Capital was among the investors.

Venture Capital

China’s Shang Qi Capital hits second close of new fund at over $575m

The fund has drawn commitments from state investors and listed firms.

Venture Capital

China Digest: Eccogene, UDS, Emposat snap funding

New Alliance Capital co-leads Eccogene's financing round.

Analysis

China Deal Review: May was second weakest month so far for startup fundraising in 2023

Chinese startups collectively raised $2.8b in May across 197 deals.

Venture Capital

China Digest: TwinSolution, HRYZ Biotech bag funds

China's SAIC Motor's Shang Qi Capital has joined the Series B round of TwinSolution.

Private Equity

China’s SAIC Motor sets up $574m fund to invest in new energy, auto, chips

The new fund held its first close at almost $488m.

Analysis

China Deal Review: At $5.5b, startup fundraising strikes 4-month high in Dec

The month saw nine megadeals that raised nearly $3.2 billion, accounting for 58% of the total value.

Private Equity

Chinese battery material producer RT Advanced Materials nets nearly $740m in Series D round

Shang Qi Capital, the PE arm of SAIC Motor, led the round

Private Equity

China’s Shang Qi Capital secures first close of automotive sector fund at $232m

The latest fund comes a year after Shang Qi Capital raised $154m for its previous PE fund.

Deals

China Digest: Alibaba-backed Banma raises $234m; Meimai snags $30m

Chinese smart car venture Banma Network Technologies has secured $234 million from Yunfeng Capital and others while healthcare technology platform Mei