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China Funding Daily, May 2nd and 3rd: Logistics, voice recognition, and online education

By Sheila Yu

Editor’s note: The China Funding Daily is a daily summary of interesting fundings from around China’s exciting tech and startup ecosystems.

New fundings in China on May 2, 2017

Cangxiaowei (仓小微), a 0.5-year-old, Beijing-based warehousing service provider, has raised RMB 10 million from angel investor Yao Jinbo, CEO of China’s Craigslist, 58.com.

Speakin (势必可赢), a 2-year-old, Guangzhou-based voiceprint recognition security solution provider, has raised tens of millions of RMB in Series B funding led by IDG Capital (IDG资本), with participation from Hongzhi Capital (弘治资本) and Fuyu Capital (福鱼资本).

Intelligent Robo Advisor (飞蝉智投/智能投顾), a 1.5-year-old, Guangzhou-based fintech startup that provides in-depth analysis using big data to help investors keep track of their financial portfolios, has raised several million RMB in angel round led by Emoney (益盟股份), with participation from Jieshi Investment (界石投资) and Peeli Ventures (伯藜创投).

New fundings in China on May 3, 2017

Fumi Information Technology (福米科技), a 1-year-old, Changsha-based fintech startup on providing financial market transaction services for individual investors, has raised RMB 100 million in Series A funding led by Beijing Dongfang Hongdao Asset Management (东方弘道(弘合基金)), with participation from Mobai Capital (墨白资本) and Shunwei Capital (顺为资本).

Sooc (瘦课网), a 14-year-old, Yantai-based online education tech firm that is engaged in the R&D, application, and services of cloud-based online teaching platform, has raised RMB 15 million in Series A funding invested by Beijing Hua’an Shengtai Capital Management (北京华安盛泰资本管理有限公司). The firm also announced today that it has been listed on the New Third Board, the country’s OTC market.

Youyang Media (有养传媒), a 1-year-old, Beijing-based child growth education content platform, has raised tens of millions of RMB in Series Pre-A funding from ZhenFund (真格基金).

ELS Technology (企企通), a 2.5-year-old, Shenzhen-based internet cloud application startup that provides information technology solutions for enterprises, has raised tens of millions of RMB in Series A+ funding invested by HMC Venture (和盟创投).

Uxiaor (油小二), a 2-year-old, Dalian-based refined oil trading platform, has raised tens of millions of RMB in Series Pre-A funding invested by Beijing Strong Union Technology (北京思创银联科技).

Zhaoliangji (找靓机), a 1.5-year-old, based online trading platform to buy and sell used mobile phones, has raised tens of millions of RMB in angel funding led by Cyanhill Capital (青山资本), with participation from Plum Ventures (梅花天使创投).

Source:: China Funding Daily, May 2nd and 3rd: Logistics, voice recognition, and online education

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