In this short piece, we provide a comparison of our GCV Analytics data with Pitchbook’s data up until the end of the third quarter of 2018.
Minsheng Financial Leasing-backed online car marketplace Huashenghaoche has received $210m from investors including JD.com spinoff JD Finance and Goldman Sachs.
Legend Holdings, Eli Lilly, Ping An, China Life and Taikang-backed Innovent Biologics priced its shares near the top of the range of to raise $421m.
Seven months after raising $818m in a series C round led by Tencent, Chehaoduo has added $162m in series C-plus funding alongside a $430m commitment from the city of Kunshan.
Legend Holdings, Eli Lilly, Ping An, China Life and Taikang Insurance are in line for exits as Innovent Biologics gears up for an initial public offering sized at $400m to $500m.
Matthew Carbonara, has left a senior director role at Cisco Investments to join Citi Ventures as a managing director.
SoftBank Vision Fund, which invested $450m in Compass in December, returned to co-lead a series F round that valued it at $4.4bn.
The Tencent, Baidu, Lenovo and JD.com-backed electric carmaker floated near the foot of its range at a reported $6.4bn valuation.