Chinese firms Shouqi Zhixing, Whalehouse, Zhongkedianji, Campo Imaging have raised funding, CMN reported. In a separate deal, Tokyo-headquartered Inagora is raising nearly $68 million in Series C funding from Itochu Corp, KDDI Corporation, and SBI Holdings.
Shouqi secures $32m from Chery Auto
Shouqi Zhixing, which operates electric vehicle sharing platform GoFun, has raised $32 million in a Series A round of funding from Chery Automobile Co. Ltd., Volkswagen China. Shouqi Zhixing was founded in 2015 and is controlled by Beijing Shouqi Group Co., Ltd. The company allows people to rent electric vehicle by scanning their ID card. As of October, it had 10,000 cars available for renting.
Whalehouse raises $15m Series B
Whalehouse Technology has raised $15 million in a Series B funding round, from investors including Yunfeng Capital, Baidu Ventures, and GSR Ventures. Whalehouse Technology is a Shenzhen-based automated warehouse solutions provider.
YoueData invests in Zhongkedianji
Zhongkedianji, big data company, has raised $15 million as part of Series A financing from YoueData. Its product provides public opinion monitoring, warning, analysis and control guidance services for the government. It also offers enterprises with business information on the complete industrial chain based on big data analysis.
Campo Imaging raises $15m led by Yueyin
Campo Imaging has raised $15 million in Series A funding led by Yueyin Venture Capital. Campo Imaging is a Chinese medical imaging technology and service provider. It develops and produces medical imaging equipment, as well as operating medical imaging centers.
Great Stone gets Series A+ funding
Great Stone Gridiron has raised tens of millions of RMB in Series A+ financing led by Huayi Brothers Sports Culture Co., Ltd. Great Stone is a Beijing-based American football training company targeting 3-12 years old teenagers.
Immunochina raises $7.5m
Immunochina has raised $7.5 million in a Series B funding round led by Legend Capital, with participation from Thiel Capital, Shengjing360.com. Beijing Immunochina Medical Science and Technology Co., Ltd provides cancer diagnosis and treatment services based on Chimeric Antigen Receptor T-cell immunotherapy.
Itochu Corp, others to invest in Inagora
Tokyo-headquartered Inagora, an e-commerce mobile platform, is raising nearly $68 million in Series C funding from Itochu Corp, KDDI Corporation, and SBI Holdings, as per a report in Nikkei Asian Review.
“ITOCHU Corporation announces that Inagora Co., Limited through a third-party allotment of shares etc., we will enter into the transboundary EC business by implementing strategic business investment as an equity method business company,” ITOCHU said in a statement on November 22.
Founded in 2014, Inagora operates Wandou, a Chinese-language e-tailer with some 3 million users. Inagora had raised $26 million in a series B funding round led by World Innovation Lab, a U.S.- Japan venture firm in November last year, with participation from Japan’s ITOCHU Corporation and Ventech China, among other investors.