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.
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.