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.