China Digest: Shihou TV, 2Boss, Gonbike, Black Sesame, Yabuli, Fund Intelligent Piano raise funds

Photo from Gonbike's Twitter page

Chinese venture capital and private equity firms invested money into a bunch of startups in separate deals, according to a China Money Network report.

Shihou TV raises $15m

Shihou TV, a Shanghai-based gaming and entertainment live broadcast platform, raised $15 million in a series A round led by Yixia Technology, a Chinese video app developer.

Shanda Group, Fortune Venture Capital, and Kuake Capital also participated in the funding round of Shihou TV.

Cathay Capital PE leads $10m series B in 2 Boss

Cathay Capital Private Equity, a PE and VC firm specializing in investments in growth capital, leads the $10-million series B round in 2Boss, a Chinese mobile app for housing prices.

Other participants in the fund raising are Lightspeed China Partners and Recruit Strategic Partners. 2Boss provides relevant housing information and makes recommendation for house buyers.

Bike sharing firm Gonbike raises $15m

Shanghai-based bike sharing company Gonbike raised $15 million in angel round from Qianchuan Capital, according to a CMN report.

Gonbike differentiates itself from competitors by providing bikes that are equipped with invisible belt smart lock and LCD screen that can show speed, battery level, and remainder range.

Black Sesame Technologies gets $15m in series A

NIO Capital and Northern Light Venture Capital participated in the $15-million series A+ in Black Sesame Technologies, a Chinese AI digital imaging technology firm.

Black Sesame provides solutions for image processing and computing images as well as embedded sensing platforms.

PGA Venture invests $15m in Find Intelligent Piano

Shanghai-based PGA Venture Partners has invested $15 million in Find Intelligent Piano, a smart piano manufacturer and music education company.

PGA Venture Partners, the venture capital investment arm of LUN Partners Group, invests in early-stage and growth-stage ventures.

Yabuli gets $23m seed from Xiaoka Capital

Hanzhou-based O2O maternity and baby products retailer Yabuli received $23 million from Xiaoka Capital in its pre-A funding round.

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