China Funding Daily, May 26, and 27: Online sports, live streaming and elevator TV media

May 27, 2017

1 min read

New fundings in China on May 26, 2017

Lesports (乐视体育), a 3-year-old, Beijing-based internet-based eco-sports company and a subsidiary of technology giant LeEco, has raised RMB 2.5 billion in Series B+ funding backed by Zhongyi Ningbo Ecological Park (中意宁波生态园) and other investors.

Huajiao (花椒直播), a 3-year-old, Beijing-based live streaming app, has raised RMB 1 billion in Series B funding backed by undisclosed investors.

Xinchao Media (新潮传媒), a 10-year-old, Chengdu-based elevator TV media advertising firm, has raised RMB 1 billion in a funding backed by undisclosed investors.

51shebao (51社保), a 6.5-year-old, Beijing-based website that provides social security-related services for enterprises, has raised RMB 100 million in Series C funding backed by Zhaopin.com (智联招聘).

Zongheng.com (纵横中文网), a 9-year-old, Beijing-based online literature website, has raised an undisclosed amount in a strategic investment co-led by Sequoia Capital China (红杉资本中国) and Perfect World (完美世界), with participation from Shegjing360 (盛景网联(盛景嘉成)) and Share Capital (分享投资).

New fundings in China on May 27, 2017

Dajie.com (大街网), a 8-year-old, Beijing-based social network platform focused on career development, business development, and industry communication, has raised RMB 100 million in Series D+ led by Winshare PE (文轩资本), with participation from Northern Light Venture Capital (北极光创投).

Huanyi Software (幻逸软件), a 7-month-old, Shanghai-based AR/VR/MR game developer, has raised RMB 12 million in Series A funding led by Zhizhao (上海致钊).

Douba (抖吧), 10-month-old, Beijing-based self-help fitness cabin operator, has raised several million RMB in an angel round from undisclosed investors.

Inn-cube (众舍空间), a 2-year-old, Beijing-based co-working space operator, has raised several million RMB in an angel round from undisclosed investors.

Creditshares (信链), a half-year-old, Beijing-based blockchain solutions provider, has raised several million RMB in an angel round led by Zhongjun Capital (中骏资本).