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China Funding Daily, May 16th,17th and 18th: Live streaming, AR glasses and AI

By Sheila Yu

New fundings in China on May 16, 2017

Bona Film Group (博纳影业), a 16.5-year-old, Beijing-based film distributor, has raised RMB 300 million in a strategic investment backed by Wanda Cinemas (万达院线).

E-date (易悦), a 3-year-old, Guangzhou-based social-networking app targeting elites, has raised RMB 20 million in Series Pre-A funding from undisclosed investors.

Xiaoxiongjita (小熊吉他), a 4-month-old, Shenzhen-based music education firm for children, has raised several million RMB in an angel round backed by LinkView Fund (洪晟观通基金).

New fundings in China on May 17, 2017

Huya (虎牙直播), a 12-year-old, Guangzhou-based live streaming website, has raised US$ 75 million in Series A funding led by China Ping An Insurance Overseas (Holdings) Limited (中国平安保险海外(控股)有限公司), with participation from Banyan Capital (高榕资本), Engage Capital (亦联资本), Morningside Venture Capital (晨兴创投) and YY Inc. chairman Li Xueling.

GLXSS (亮亮视野), a 3-year-old, Beijing-based AR glasses developer, has raised tens of millions of US dollars in Series B funding led by Bluerun Ventures (蓝驰创投), with participation from Matrix Partners China (经纬中国).

China GreatWall Environment Improving (航天长城节能环保科技), a 3.5-year-old, Beijing-based company that provides solutions on energy conservation and environmental protection, has raised RMB 120 million in Series A funding led by CITIC Capital (中信资本).

One Season Boot Camp (壹季体能), a 11-year-old, Beijing-based fitness training studio that mainly provides training for marathon and cross-country running, has raised RMB 23 million in Series A funding led by Shunwei Capital (顺为资本), with participation from Yunaxun Fund (元迅基金).

New fundings in China on May 18, 2017

Vertsight (竖视文化), a 4-month-old, Shanghai-based online platform that creates vertical version of video content, has raised RMB 60 million in Series A funding led by ANTS Venture Capital (安持资本).

DeePhi Tech (深鉴科技), a 1-year-old, Beijing-based AI firm that provides deep learning solutions, has raised tens of millions of US dollars in Series A funding from investors including Xilinx (赛灵思), MediaTek (联发科), Tsinghua Holdings (清华控股), Sigma Square (方和资本), GSR Ventures (金沙江创投) and Banyan Capital (高榕资本).

Boray Data (柏睿数据), a 3-year-old, Beijing-based big data solution provider, has raised tens of millions of US dollars in Series B funding led by Cash Capital (国科嘉和).

Qupital, a 1-year-old, Hong Kong-based online invoice trading platform that allows companies to raise finance against their receivables, has raised US$ 2 million in a seed round led by Alibaba and MindWorks Ventures, with participation from DRL Capital and Aria Group.

ETop Pass (易特创思熊猫车险), a 9-year-old, Beijing-based usage-based auto insurance, has raised RMB 50 million in Series A funding led by Xinjun Capita (新浚资本) and QF Capital (启赋资本), with participation from Legend Star (联想之星) and Jiuguo Investment (九果投资).

Perfant (完美幻境), a 2-year-old, Beijing-based VR visual technology solution provider, has raised a strategic investment worth tens of millions of RMB from Hofan (浩方集团).

Source:: China Funding Daily, May 16th,17th and 18th: Live streaming, AR glasses and AI

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