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China Funding Daily, May 11th and 12th: IoT, vacuum cleaner and mobile game

By Sheila Yu

New fundings in China on May 11, 2017

Sensoro (升哲科技), a 4-year-old, Beijing-based Internet of Things (IoT) sensor device and network technology firm, has raised US$ 18 million in Series B funding led by Tsing Capital (中国青云创投), with participation from Bosch and Sumitomo Corporation Equity Asia Limited.

Fahaicc (法海风控), a 6-year-old, Beijing-based fintech firm that provides big data analytics for financial services, has raised tens of millions of RMB in Series A funding backed by Cedar Capital (雪杉资本) and Lvhe Capital (绿禾资本).

Rainbow Lawyer (彩虹律师), a 3.5-year-old, Shanghai-based online legal service platform targeting micro, small and medium enterprises, has raised RMB 8 million in an angel round backed by Shengchu Fund (晟初基金).

Yuye Game (郁野科技), a 8-month-old, Beijing-based VR gaming startup, has raised several million RMB backed by Lanshan Venture Capita (蓝杉创投), with participation from Lalong Dund (拉隆基金).

New fundings in China on May 12, 2017

Puppy Electronic Appliances (小狗电器), an 8-year-old, Beijing-based vacuum cleaner maker, has raised RMB 150 million funding from Ying Capital (天鹰资本) and GF Xinde Investment Mangement (广发信德-广发证券).

TapTap (易玩), a 1-year-old, Shanghai-based mobile game publishing platform and a game community and media platform, has raised RMB 150 million in Series A funding backed by G-bites (吉比特), Feiyu Technology (飞鱼科技), and Xd.com (心动网络).

XSKY (星辰天合), a 2-year-old, Beijing-based technical company focusing on software-defined-infrastructure products and services, has raised RMB 120 million in Series B funding led by Qiming Venture Partners (启明创投), with participation from Northern Light Venture Capital (北极光创投) and Redpoint China (红点中国).

Gongfudou (功夫豆) , a 1-year-old, Nanjing-based selfie printer mobile that enables printing photos directly through WeChat, has raised RMB 30 million in Pre-A funding led by Focus Media (分众传媒).

JAM (果酱音乐), a 1.5-year-old, Nanjing-based online music media and promotion platform, has raised RMB 15 million in Series A fundin led by pop singer Wang Feng, with participation from Entertaiment Works (娱乐工场) and Plum Ventures (梅花天使创投).

Zhaomuwang (找木网), a 2-year-old, Shanghai-based B2B e-commerce website of timber trading, has raised tens of millions of RMB in Series A funding backed by China Investment Hong Kong (香港中投投资有限公司).

Anyi Tech (风险管家), a 1.5-year-old, Shanghai-based insurance broker, has raised tens of millions of RMB in Pre-A funding backed by Koala Fund (考拉基金) and Promising Capital (弘信资本).

Source:: China Funding Daily, May 11th and 12th: IoT, vacuum cleaner and mobile game

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