Analysis

China Deal Review: Startup funding shows signs of recovery in July as deal count grows

Chinese GenAI startup Baichuan clocked the biggest venture deal of the month.

Venture Capital

Return backer Puhua Capital joins Chinese chipmaker ICleague Technology’s Series B round

ICleague previously completed its Series A round in 2021.

Venture Capital

China’s Tianneng New Materials raises $137m in Series A round

Chinese VC firm Puhua Capital and CICC Capital led the Series A round.

Venture Capital

Pudu Robotics bags nearly $15m and 54 Greater China deals worth over $1.3b

Previously, the firm snapped a total of 1 billion yuan ($155 million) in its Series C1 and C2 rounds, counting Sequoia Capital China, Meituan, Shenzhe

Deals

China: GLP leads $36m Series B investment in Songxiaocai

The round in Songxiaocai, which provides vegetable purchase, delivery and after-sales services, was joined by IDG Capital, Matrix China and Puhua Capi

Deals

China Digest: Tiger Management leads $120m round in Yunmanman; AI startup CloudWalk raises $75m Series B

Jiangsu-based freight transportation and logistics firm Yunmanman has raised a $120-million Series D3 round led by Tiger Management Corp.

Venture Capital

Trustbridge leads $23m Series A in media startup Shanghai Bajiulin

The media startup's post-money valuation reached $287 million after the round which was funded also by Zheshang Venture capital, Toutoushidao Capital,

Deals

China Dealbook: Lefit raises $14m, Kaiyun Auto raises funding in Series A round

Lefit has raised $14 million series B led by Chinese investment fund, Toutoushidao Capital. Kaiyun Auto, got a series A investment from China’s in