New fundings in China on May 15, 2017

Zhongan Financial Holding (中安金控), a 3-year-old, Hangzhou-based automotive financial service provider, has raised RMB 220 million in Series A funding led by Haitong Kaiyuan Investment (海通开元), with participation from Huaxin Capital (华信资本), Yingduhui (盈都汇), Homsun Capital (弘信资本) and Sunyard (信雅达).

FiSports (斐动体育), a 1.5-year-old, Shanghai-based sports startup whose business involves sports technology, game operations, brand promotion and sponsorship services, club management, as well as the sports media production and distribution, has raised RMB 120 million in a strategic investment by Baifu Holdings (柏富控股).

CloudIn (云英), a 2-year-old, Beijing-based cloud computing startup, has raised RMB 70 million in Series A funding led by Fortune Capital (达晨创投), with participation from Yunqi Partners (云启资本).

Qiandaodao (钱到到), a 1.5-year-old, Beijing-based consumer financial platform offering installment plan for shopping and short-term cash lending services to migrant workers, has raised tens of millions of RMB in Series Pre-A funding led by HMC Venture (和盟创投), with participation from Jinyu Investment (金娱投资) and Peeli Ventures (伯黎创投).

New fundings in China on May 16, 2017

CBD Self Storage (中国迷你仓), a 3-year-old, Beijing-based self-storage operator, has raised US$ 28 million in a strategic investment from InfraRed Nan Fung (香港汇贯南丰).

Razer (雷蛇), a 19-year-old, Shenzhen-based gaming company, has raised tens of millions of US dollars in a strategic investment backed by Horizons Ventures (维港投资).

Predicine (慧渡医疗), a 1-year-old, Shanghai-based precision medicine organization that is committed to developing and bringing the precision medicine portfolio to address the medical needs in China and global drug development, has raised tens of millions of US dollars in Series Pre-A funding led by Highlight Capital (弘晖资本).

Finndy (发源地), a 1.5-year-old, Shanghai-based tech startup that operates a trading platform for big data, has raised tens of millions of RMB in Series Pre-A funding backed by Zhonghe Venture Capital (众合创投), Dingxin Capital (鼎鑫资本) and Allgood VC (众善创投).

Codemao (编程猫), a 2–year-old, Shenzhen-based online programming education and IT training service targeting children aged 6-16, has raised RMB 15 million in Series A+ backed by Zhixing Education (知行教育).

Gululu (巨鲸科技Gululu), a 2-year-old, Shanghai-based smart kids water cup brand operated by Bowhead Technology, has raised several million US dollars in Series Pre-A funding backed by angel investor Lu Zhaoxi.

Sheila Yu

Sheila Yu is a Shanghai-based technology writer. She brings readers the biggest news from Chinese language tech media. Reach her at sheila@technode.com.

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