Funding Rounds
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Chinese used car dealership Uxin secures US$500 million funding co-led by TPG, Jeneration, and China Vision
With this latest funding worth US$500 million, the used car dealership will reached US$1 billion in its total fundraising.
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Mobile app management platform Hansel.io raises US$1.35 million round led by IDG Ventures
Hansel.io raises US$1.35 million to help developers fix bugs, manage app security in real time. The capital will be used for team expansion, product development and to expand overseas operations.
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Japan’s healthcare startup Cykinso secures US$2.3 million investment to provide intestinal health advice
Japanese healthcare startup Cykinso, which run the test kit for intestinal flora – Mykinso – has recently secured US$2.3 million seed from the Regional Health Care Industry Support Fund.
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Comic art platform Kuaikan Manhua closes US$36 million Series C round led by Tiantu Capital
China consumer-focused GP Tiantu Capital has led a US$36 million Series C round of funding for Kuaikan Comic, a mobile app designed for reading light comics.
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Alibaba-backed Koubei, Zhongshi Capital to invest in Shanghai restaurant booking app
Koubei, a search engine backed by Alibaba, along with Chinese fund, Zhongshi Capital has invested in Meiweibuyongdeng, a Shanghai-based restaurant booking app.