China Deal Monitor: Apparel brand bosie bags $30m and more updates

Beijing-based apparel brand bosie has raised a total of 200 million yuan ($30 million) in its Series A+ and B rounds led by Eastern Bell Capital and Genesis Capital, per a company statement on Friday.

GSR Ventures, a $3 billion fund that makes early-stage investments, also participated in the round.

Beijing-headquartered Palm Capital facilitated the transaction.

“The corpus raised will be used for product innovation and launching superstores, said Guangyao Liu, founder at bosie, in a statement.

Bosie, which caters to new generation consumers, is expected to generate 270 million yuan ($41 million) by the end of 2020.

Before the fresh round, Cyanhill Capital and Hangzhou Diedai Capital have together invested ‘millions of US dollars’ in its Series A round in bosie in 2019. Back in 2018, ZhenFund had also invested in its pre Series A round.

CHINA DEAL MONITOR

DealStreetAsia has also put together a table listing out all prominent venture capital transactions in the Greater China region on November 19-20, 2020. 

Expand Table

StartupHeadquarterInvestment Size (USD)Investment StageLead Investor(s)Other Investor(s)Verticals
CodemaoShenzhen198 millionDBaring Private Equity Asia (BPEA)BOC International Holdings, CITIC Securities, Goldstone Investment, Wens Investment, Sino-Ocean Capital, Greater Bay Area Homeland Investments, Youshan Capital, Hillhouse Capital,CMB International, Bohai Zhongsheng, Guangdong Technology Financial GroupEdTech
Zeyi Supply ChainShanghai91 millionCShenZhen Co-Stone Asset Management, Orchid AsiaCICC CapitalN/A
Juventas Tianjin69 million-CMG-SDIC CapitalTzitzit Asset, Tianjin Venture Capital, Ruisheng Investment, Xiangrong Capital, Dalton Venture, Parkland Group's investment arm Daxie Pengchuang Investment, Kaixin Biotechnology, Jiadao Fanghua InvestmentBiotech
Chengdu Weisike BiomedicineChengdu45 millionASichuan Development Holding, Shanghai Pharma-HealthTech
IntegrityTechBeijing30 million-Xicheng Jinrui, Beijing Finnacial Street Capital Operation Center-Infrastructure
bosieBeijing30 millionA+, BEastern Bell Capital, Genesis CapitalGSR Ventures Beauty & Hygiene
AnkeShenzhen15 millionBCowin Capital-HealthTech
YaohabioTaizhou15 millionB-Lotus Lake Capital, Shining Capital, CGP InvestmentHealthTech
PolyvGuangzhou15 millionBOriza PriorAurora Private Equity, HikeCapitalSaas
Shenzhen DeepVision Innovation TechnologyShenzhen* 1.5 millionAShenzhen Delin CapitalChunjian CapitalAI and Machine Learning
Jichong Hydrogen Energy TechnologyShanghai* 1.5 millionPre-AYield CapitalHenan Zhanxin Hydrogen Energy Industry Fund, Yuefeng Jinchuang Investment, Jiangyi VenturesN/A
Idol GroupShanghai-CSunshile Insurance GroupNoah Holdings, Sinovation Ventures, Legend CapitalEdTech
ZinsightShanghai-Pre-AAddor Capital, N/A

indicates that the company did not provide the specific size of the deal but only a range. So, we adopted 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.