China Funding Daily, May 1st and 2nd: Uber for trucks and Live.me

1 min read

Editor’s note: Starting from today, TechNode is publishing the China Funding Daily, a daily summary of interesting fundings from around China’s exciting tech and startup ecosystems. Feedback, good or bad, is always welcome.

New fundings in China on May 1, 2017

Jimi (机蜜), a 2-year-old, Hangzhou-based smart hardware rental app, has raised RMB 66 million in Series A+ funding led by Incapital Fund (盈动资本) with participation from U51.com (51信用卡).

New fundings in China on May 2, 2017

Huochebang (货车帮), a 3-year-old, Guiyang-based Uber-type service for trucks in China, has raised US$ 156 million in Series B funding led by Baidu Capital (百度资本) with participation from All-Stars Investment (全明星投资). The new round pushed the firm’s valuation to around US$ 1 billion.

Live.me, a 1-year-old, Cayman Islands-based live video streaming application and a subsidiary of Cheetah Mobile Inc, has raised US$ 60 million in Series A funding led by Matrix Partners China (经纬中国), with participation from Evolution Media China (EMC媒体基金), Gobi Partners (戈壁投资), IDG Capital (IDG资本) and Welight Capital (微光创投) as well as Cheetah Mobile (猎豹移动).

WuXi NextCODE (明码科技), a 2-year-old, Shanghai-based contract genomics organization building the global standard platform for genomic data, has raised US$ 75 million in Series B funding co-led by Temasek (淡马锡) and Yunfeng Capital (云锋基金), with participation from Amgen Ventures and 3W Partners. WuXi NextCODE is a subsidiary of Chinese bio-medicine firm WuXi AppTec.

Deepfar Ocean Technology (深之蓝水下机器人), a 4-year-old, Tianjin-based company specializing in underwater robot research and development, has raised RMB 110 million in Series A+ funding led by Suodao Capital (索道资本), with participation from Shunwei Capital (顺为资本),  Angelplus (洪泰基金), Shangshi Fund(尚势资本), V star Capital (源星资本), Teda Venture Capital (泰达科技), Shengjing360 (盛景网联), and Dingxiang Capital (鼎翔资本) as well as individual investors Sun Haibo andd Huang Jian.

Xingyuan Auto (北京行圆汽车信息技术有限公司), a 6-month-old, Beijing-based online service provider for the automobile industry, has raised RMB 300 million in angel funding led by Zhongjun Capital (中骏资本).

Juma Peisong (驹马物流), a 6-year-old, Chengdu-based logistics services, has raised RMB 450 million in Series A funding from Global Logistic Properties (普洛斯), Dingxiang Capital (鼎祥投资), Lecron Group (联创股份) and New Hope Fund (重庆新希望).

Dongpinhui (冻品汇), a 1-year-old, Chongqing-based frozen food supply chain service provider, has raised tens of millions of RMB in Series Pre-A funding led by Beijing Jinhai Yuntian Network Technology Service Center (北京金海云天网络技术服务中心), with participation from Jinxiangshu Investment Holdings (金橡树投资控股).