SoftBank, Shunwei back Tanma and 15 more updates from Greater China

Social customer relationship management (SCRM) services provider Tanma on Wednesday said it has closed its Series B round of financing, raising as much as $15 million. 

The round was led by SoftBank Ventures Asia, an early-stage venture arm of Japanese SoftBank while existing investor Chinese Xiaomi’s Shunwei Capital also made a follow-on investment.

Tanma is targeting to invest the proceeds for software product innovation, market expansion and talent development. 

The latest development comes two months after it secured $10 million in a Series A round from Legend Capital, Blue Lake Capital and K2VC in May this year. 

Tanma claims to have served over 1,000 companies across sectors including education, finance, insurance, real estate and consumption.

CHINA DEAL MONITOR

DealStreetAsia has also put together a table listing out all prominent venture capital transactions in the Greater China region on July 27-28, 2021. 

Expand Table

StartupHeadquarterInvestment Size (USD)Investment StageLead Investor(s)Other Investor(s)Verticals
MicroPort Cardiac Rhythm Management LimitedShanghai150 millionCHillhouse Capital, MicroPortCICC Capital, Country Garden Venture Capital, E Funds, Yongrong Asset, L Squared Private Management, Wanhui Capital N/A
Joyo PharmaGuangzhou46 millionBSequoia Capital China, SDIC Venture CapitalLC Ventures, R FundN/A
Zion PharmaShanghai40 millionBOrbiMed Healthcare Fund Management Qiming Venture Partners, Sherpa Healthcare Partners, Ming Bioventures, Medfine CapitalN/A
Lupeng Pharmaceutical Guangzhou35 millionPre-BTemasek Lake Bleu Capital, Lilly Aisa Ventures, FC Capital N/A
Dongfangfuli.comShanghai35 millionA-SIGSaas
DinfectomeNanjing30 million-IDG Capital-Biotech
Beijing Space PioneerBeijing* 15 millionPre-B-Zhangjianggang Shengtai Technology City, Jundu Investment, Zijin InvestmentInfrastructure
YUSURBeijing* 15 millionAHuatai Investment Lingjun InvestmentAI and Machine Learning
iLabServiceShanghai15 millionAMatrix Partners China-Saas
3N Tech Suzhou15 millionAPanlin Capital Hainan Jinming InvestmentN/A
Beisi Biotech Zhuhai15 millionAngel-Highlight Capital, Virtus Inspire Ventures, Panacea Venture, Hengqin Financial Investment
TanmaSuzhou15 millionBSoftBank Ventures AsiaShunwei CapitalSaas
Polly Polymer Suzhou15 millionA+VitalbridgeInfore Capital, Edge Venutes, Junzilan Capital, Dongyun Venture Capital, GSR Ventures3D Printing
Z-Trip Business Management Shanghai* 10 millionB+CITIC CapitalDongfang Jiafu Investment, Unity Ventures, Zhang Tao (Individual Investor)Saas
Hepa Thera BioSuzhou4.6 millionSeed-Fosun Health FundN/A
Easy PowerNanjing-A+-Addor Capital AI and Machine Learning

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