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Series B

Wheels turns to TDK in $50m round
TDK Ventures has taken part in a round for electric bicycle rental startup Wheels sized at more than $50m, nine months after it raised $37m.
Aerodyne passes inspection for $30m series B
Drone services provider Aerodyne won the support of Axiata Digital Innovation Fund in a round that will fund hiring and research and development.
Hainan Golden documents $141m series B
The electronic invoicing specialist has raised series B funding in a Tencent-backed round that is the same size as its previous round last year.
Motiv Power surges to $60m series B
Winnebago Industries has co-led a $60m series B round for electric chassis developer Motiv Power Systems that will help fund the launch of a new production facility.
MyGate admits Tencent for $56m round
MyGate has now raised $67.5m altogether, Tencent coming in as a new investor as the household security technology provider prepares to treble headcount.
Eli Lilly deems dMed worth it in $50m round
Clinical research partner dMed has completed a series B round that included returning investor Lilly Asia Ventures as it seeks to expand internationally.
Santander stands with CrossLend in series B round
Debt marketplace operator CrossLend raised $38.5m in a series B round led by Santander InnoVentures at a reported valuation of more than $110m.
Midu books in $100m
The online literature platform has secured $100m in a series B round that included parent company Qutoutiao, with CMC Capital leading the round.

Other News

Lovevery locks in $20m series B
GV supplied a share of the funding for early learning toy producer Lovevery, which will use the proceeds to expand its product range and functionality.
Healx seals $56m series B
Intel Capital was among the participants in a round that lifted the total raised by rare disease-focused drug developer Healx to nearly $70m.
Cyteir secures series B funding
The cancer therapy developer boosted a series B round led by Novo and backed by Celgene to $75.2m, with both corporates contributing to the latest tranche.
Legend feeds series B funding to Gambol
Legend Capital and Industrial Bank have supplied $70.5m in series B funding for Gambol Pet Group, a pet food manufacturer with operations in Asia, the US and Europe.
Ansun gets its hands on $80m
Lilly Asia Ventures returned for the respiratory disease drug developer's series B round, having co-led its $85m series A last year.
EWTP Fund makes XTransfer in $15m round
The Alibaba-backed ETWP Fund led a series B-1 round for XTransfer, which will put the cash towards expanding its cross-border financial services.

Editor's Picks

Intel spreads $72m across 12 companies
Intel Capital has revealed investments in 12 US or China-based portfolio companies and a partnership with the NBA.
Big Deal: Joby completes $100m funding job
Joby Aviation has raised $100m in an Intel Capital-led series B round that included JetBlue Technology Ventures, indicating the rise in air-based corporate venturing.
Huochebang loads up another $156m
Baidu Capital, which has just appointed a CEO, has co-led the logistics platform's series B-2 round, adding to a $115m tranche co-led by Tencent in December.
Big Deal: Corporates find Unity
Unity Biotechnology, which raised $116m last week, is the fourth Arch Venture Partners-launched startup to be backed by WuXi PharmaTech.
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