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China Funding Daily, May 10th and 11th: cloud computing, O2O HR solutions, and English news app

By Sheila Yu

New fundings in China on May 10, 2017

News Break, a 2-year-old, Beijing-based news and information mobile application targeting English speakers, has raised tens of millions of U.S. dollars in Series B funding led by NetEase (网易), with participation from IDG Capital Partners (IDG资本) and ZhenFund (真格资本).

Meiwei Shenghuo (美味生活), a 3-month-old intelligent vending machine brand, has raised eight-digit RMB in an angel round led by Light-up Capital (点亮基金), with participation from Lieying Venture Capital (猎鹰创投) and several senior executives from the internet sector.

Boyun Vision (博云视觉), a 1.5-year-old, Beijing-based tech startup that focuses on research and applications of visual search and analysis, has raised tens of millions of RMB in an angel round led by undisclosed investors.

Dongdianweixiao (东电微校), a 1-year-old, Beijing-based early childhood education cloud platform, has raise RMB 15 million in Series A backed by Yinhe Fund (中泰银河基金).

Jutubao (聚土网), a 2-year-old, Chongqing-based rural land transfer and trading online platform, has raised tens of millions of RMB in Series A+ funding led by JD Finance (京东金融).

New fundings in China on May 11, 2017

Chinac (华云数据), a 7-year-old, Wuxi-based cloud computing service provider, has raised RMB 500 million in Series D funding backed by Tongkong Investment (通江资本) and Haitong Innovation Capital Management (海通创新).

CareerFrog (职业蛙/凯洛格科技), a 6-year-old, Shanghai-based online platform providing job-hunting training for college students, has raised tens of millions of RMB in Series B funding led by Huatu Capital (华图资本).

KnowLeGene (知因智慧), a 1-year-old, Beijing-based fintech startup committed to providing financial firms with risk control technologies based on machine learning, has raised tens of millions of RMB in Series Pre-A funding backed by Marathon Venture Partners (远毅资本).

KNX (肯耐珂萨), a 9-year-old, Shanghai-based O2O human resource solution provider, has raised hundreds of millions of RMB funding from investors including Oriental Fortune Fund (东方富海), Everbright Securities (光大证券), Shenwan Hongyuan Securities (申万宏源证券), and Morgan Stanley Private Equity Asia (摩根亚洲基金).

Qicaibike (七彩单车), a 1-month-old, Shenzhen-based bike-rental startup, has raised RMB 10 million in an angel round led by an undisclosed investor.

Source:: China Funding Daily, May 10th and 11th: cloud computing, O2O HR solutions, and English news app

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