China Digest: Citybox, Jiaanpei, Rogrand, Zhulilaiye, Viamax get funding

Photo: REUTERS/JASON LEE

The start-ups funding scene in China is booming. Citybox, Jiaanpei, Rogrand, Zhulilaiye, and Viamax are among the latest firms to secure funding, CMN reported.

ClearVue leads $25m in Citybox

Citybox, a Chinese smart vending machine operator backed by Alibaba’s Ant Financial, has raised $25 million in a Series B round of funding led by ClearVue Partners. Launched in January last year, Citybox introduced refrigerator retail terminals with QR codes stamps, anti-theft and user tracking capabilities. The startup sells fresh produce such as yogurt and chilled lunchboxes.

Jiaanpei gets $60m in angel round

Jiaanpei, an integrated auto service platform, has raised $60 million in an angel round of funding from investors including China Minsheng Investment Group, CITIC Private Equity Funds Management, PICC Property and Casualty Co., Ltd, PICC Financial Services Company Limited, YT Express, Grey Tile Capital, and Jingyou Group. The platform provides auto insurance, maintenance, auto parts and other services.

Rogrand raises Series C from HG Capital, Ping An

Beijing Rogrand E-commerce Co., Ltd, a pharmaceutical industry chain service platform, has raised an undisclosed amount in a Series C funding round, led by HG Capital and Ping An Ventures. The round also saw participation from Trustbridge Partners, and Fosun RZ Capital. Founded in 2012 , the firm operates a third-party pharmaceutical supply chain trading platform, a smart clinic mobile service platform and an online to offline health management tool.

Wu Capital backs Zhulilaiye

Zhulilaiye, a Beijing-based smart personal assistant service platform, has raised an undisclosed amount in a Series B round of funding led by Wu Capital, with participation from Lightspeed China Partners, and Sequoia Capital China. The platform operates under Laiye.com, and provides various services including helping users book ticket, arrange daily schedule, purchase designated products, contact with courier and even your friend, etc.

Shandong Gold invests in Viamax

Viamax, a large screen digital display provider, has raised tens of millions of RMB in a private placement led by Shandong Gold Venture Capital Co., Ltd, with participation from Horus Capital. Its products include DLP/LCD/LED display device, image control software and a data visualization platform.

Also Read:

China Dealbook: Teddy Mobile, Pimax Technology, Unidiag, Champzee secure funding

China Digest: Dinghuobao, Langying Education raise funding

 

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.