Volanews – Latest news about China's innovation

Latest news

#CHINA #STARTUP #INVESTMENT

Allist Medicine raised 1.18 billion yuan in its first round of financing Allist Medicine raised 1.18 billion yuan in its first round of financing, led by Shiyu Capital.

by Grace

2019-05-24

#CHINA #STARTUP #INVESTMENT

Rainbow Genomics raised ten million yuan in a pre-series A Rainbow Genomics raised ten million yuan in a pre-series A, invested exclusively by Enjoy Capital. The company was formed in 2014, focused on the development and application of epigenetic technology.

by Simon

2019-05-24

#CHINA #STARTUP #INVESTMENT

Hengkai Intelligence raised 30 million yuan in a pre-series A Hengkai Intelligence, a smart wire layer winding equipment manufacturer, has recently completed its pre-series A round raising 30 million yuan, led by Qiansheng VC.

by Zach

2019-05-24

#CHINA #STARTUP #INVESTMENT

FLOW e-cigarette raised tens of millions of dollars in a round of financing FLOW e-cigarette has finished its angel round and pre-series A round, led by MatrixPartners China and followed by Yisan Capital, Jager Capital, and a first-tier dollar institution, raising tens of millions of dollar.

by Mia

2019-05-24

#CHINA #STARTUP #INVESTMENT

Bibao Yanxuan raised millions of yuan in a pre-series A round Bibao Yanxuan, an online platform providing collecting service for kindergarten supply chain products, has finished its pre-series A round raising millions of yuan, led by EdBeta Fund and followed by IBE Capital.

by Isla

2019-05-24

#CHINA #Industry #REPORT

2019 Twitter Chinese Brand Influence Overseas Report: Huawei and Tencent on the list Twitter and FT China jointly published the 2019 Twitter Chinese Brand Influence Overseas Report, revealing the Most Influence Overseas Price, listing enterprises such as Xiaomi, Huawei, and Tencent.

by Jack

2019-05-24

#Industry #REPORT #CHINA

Global AI industry’s total financing scale reached $12.6 billion in Q1 2019 According to the Global Artificial Intelligence Industry Data Report published by CAICT, there were 5386 active AI enterprises around the globe, with the United States, China, Great Britain, Canada, and India ranked top 5.

by Ding

2019-05-24

#AFRICA #ZIMBABWEAN #INVESTMENT

Zimbabwean fintech startup Payitup targets new verticals after $13m funding Zimbabwean fintech startup Payitup plans to scale its operations and move into new verticals after raising US$13 million in funding from the UK-based Thawer Fund Management.

by DisruptAfrica

2019-05-24

#AFRICA #NIGERIA #INVESTMENT

Facebook’s NG_Hub Has Invested USD 400 K In Nigerian Startups One year after establishing the NG_Hub in Lagos, Nigeria, the social media giant says that it has digitally trained over 50,000 small and mid-sized business, empowered more than 18,000 women and invested USD 400 K in 15 startups and students team through its Fb Start Accelerator Program.

by WeeTracker

2019-05-24

#AFRICA #NIGERIA #STARTUP

This Brewery is Entering Nigeria With A USD 400Mn Investment Belgium-headquartered brewer Anheuser-Busch (AB InBev) expects the total investment in its new brewery at Sagamu in Nigeria to be up to USD 400 Mn.

by WeeTracker

2019-05-24

#MIDDLE EAST #ISRAEL #STARTUP

Nuvei to Acquire Payment Technology Company SafeCharge for $890 Million Nuvei Corporation has agreed to pay $889 million in cash for payment technology company SafeCharge International Group Ltd., the company announced Wednesday.

by CalcalisTech

2019-05-24

#MIDDLE EAST #JORDAN #STARTUP

Jordan’s DigitaSport raises seed funding Oasis500, one of the leading investment companies and business accelerators based in Jordan announces a seed round of investment in Jordanian Sportech startup DigitaSport, according to a blog post on their website. However, the amount was not disclosed.

by Wamda

2019-05-24

#MIDDLE EAST #EGYPT #STARTUP

Cairo-based homemade food platform Mumm launches a chef subscription service Mumm, a Cairo-based homemade food platform has launched an online chef subscription service that will allow users to have their meals cooked for the price of raw ingredients, the startup announced this week.

by MenaBytes

2019-05-24

#INDIA #INVESTMENT #ACQUISITION

Freshworks acquires Natero; RAIN exits Capacita Connect In the M&A space, Freshworks has acquired US-based customer management platform Natero. In another development, Vivek Lodha, a serial entrepreneur and director at JVS Foods, has bought out minority investors in skill development startup Capacita Connect.

by DealStreetAsia

2019-05-24

#INDIA #STARTUP #INVESTMENT

Fleet Management Startup LocoNav Raises $4 Mn From Sequoia Delhi-based fleet management startup BT TechLabs, the parent company of LocoNav, has raised $4 Mn (INR 28 Cr) in a Series B round of funding.

by Inc42

2019-05-24

#INDIA #INVESTMENT #TACO BELL

Taco Bell plans big India expansion as it steps up overseas push The Yum! Brands Inc. unit is planning 600 restaurants in the Asian nation over the next decade with master franchisee Burman Hospitality.

by LiveMint

2019-05-24

#SOUTHEAST ASIA #CHINA #INVESTMENT

ZWC Ventures introduces its USD 150 million Southeast Asia and China fund Chinese venture capital firm ZWC Ventures announced that it has closed its first Southeast Asia and China fund at USD 150 million.

by Kr-Asia

2019-05-24

#CHINA #GIANTS #REPORT

Meituan books 70% y-o-y revenue growth in Q1 2019 Despite the drag of its Mobike business, Chinese food delivery giant Meituan has a good quarter with a 70.1% year-on-year revenue growth in the first quarter of 2019, its latest corporate filing shows.

by Kr-Asia

2019-05-24

#CHINA #GIANTS #WEIBO

Weibo posts mixed results in Q1 Chinese social media company Weibo Corporation (NASDAQ: WB) on Thursday reported better-than-expected first-quarter earnings, even as the top line narrowly missed the street estimate.

by AlphaStreet

2019-05-24

#CHINA #GIANTS #SINA

Sina Corp. Q1 Net revenues moved up 7.8% to $475.14 million Sina Corp. (Nasdaq: SINA) reported a decline in adjusted earnings for the first quarter when revenues of the China-based online media firm increased 8%.

by AlphaStreet

2019-05-24

Hot news in 24 hours

2019 Digital China Index Report: the next growth point of digital economy will be driven by industry

Retail cloud service provider Wangdian received more than a hundred million yuan of investments

2019 Twitter Chinese Brand Influence Overseas Report: Huawei and Tencent on the list