Artosyn nets $78m and 16 more deal updates from Greater China worth over $467m

Artosyn, a Yangpu-based company that develops system-on-chip (SoCs) for drones, has raised a total corpus of over 500 million yuan ($78 million) in its Series B and B+ rounds of financing.

Four investors jointly led the round. These include three returning backers – Beijing IC Manufacturing and Equipment Equity Investment Fund, F&G Venture, and Huaxu (Guangzhou) Industry Investment Fund, besides new investor Chuanhu Innovation Fund, per an official company statement on Thursday.

Artosyn had raised its Series B round early last year wherein it had seen the participation of a host of investors.

Artosyn plans to use the corpus to rope in executives, and to facilitate product R&D, among others.

The company, established up in 2011 in Shanghai, develops high-performing chips that cater to areas of intelligent surveillance, smart car, and robots, besides drones.

CHINA DEAL MONITOR

DealStreetAsia has also put together a table listing out all prominent venture capital transactions in the Greater China region on January 05 – 06, 2022. 

Expand Table

StartupHeadquarterInvestment Size (USD)Investment StageLead Investor(s)Other Investor(s)Verticals
Virtue DiagnosticsSuzhou/Singapore/Beijing100 millionBSequoia Capital, Morningside VenturesLilly Asia Ventures (LAV), PKI VenturesHealthTech
Artosyn Shanghai78 millionBBeijing IC Manufacturing and Equipment Equity Investment Fund, F&G Venture, Huaxu (Guangzhou) Industry Investment Fund, Chuanhu Innovation Fund-AI and Machine Learning
CureGeneticsSuzhou60 million BAdvantech CapitalBOCG Capital, Oriza Holdings, Qiming Venture Partners Biotech
Accro Bioscience (Suzhou)Suzhou50 millionBHongtai AplusSouth China Venture Capital, Shenzhen Capital Group, Oriza Holdings, GF Xinde, Sanhua HongdaoHealthTech
Atom Bioscience&Pharmaceutical Suzhou47 millionCXicheng Jinrui -HealthTech
JoyoGuangzhou31 millionB+Guanzi Venture Capital SDIC Venture Capital, Sequoia Capital China, LC VenturesHealthTech
ZSHIELD INC Beijing * 15 millionCLegend Capital -Big Data
X-EPICNanjing* 15 millionPre-B+China Development Manufacturing Transform Fund-AI and Machine Learning
SenWellenShenzhen15 million-SME Development Fund (Nanjing)Decent Capital, Xiangyu Jiahu, Yanfu Capital N/A
Shengshi Science and Technology Hangzhou15 millionPre-ABioventure Capital Shanghai Bangming Capital, Institute of Innovation and Entreprenurship, Zhejiang UniversityHealthTech
Hongsong Beijing 15 million-BAI Capital Matrix Partners China, China Creation Venture (CCV), Bluerun Ventures N/A
Redu XingxuanHangzhou15 millionA+Plum VenturesZhiming Capital Saas
ApifoxGuangzhou5 millionPre-ABluerun Ventures China Growth CapitalCloud Computing
CarbonEnergy Technology Beijing * 1.5 millionASequoia Capital ChinaMiracleplusCleanTech
OMGHangzhou* 1.5 millionAngel -Plum Ventures N/A
Little RabbitShanghai1.5 millionAngel -Cathay Capital, Kunyan Capital HealthTech
Zhizu Huandian Shanghai-BQJMOTORXuzhou Runhui CleanTech

∗ indicates that the company did not provide the specific size of the deal but only a range. So, we adopt the smallest number in the range, which is “10 million yuan ($1.5 million)” in the given example. 

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.