CMC Holdings, an investment platform affiliated with China Media Capital (CMC), has made an investment in NextVR Inc., a U.S. virtual reality (VR) start-up providing platforms for on-demand live VR broadcast. The investment is part of the company's series B financing round, as it is in the process of raising US$80 million based on a […]
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Restaurant chain Ajisen Ramen, GSR Ventures and other unnamed investors have injected RMB300 million (US$45 million) series B round in Yunnex, a Guangzhou-based smart point-of-sales (POS) solutions provider. The company previously completed a RMB100 million (US$16 million) series A+ round from Chinese venture firm FH Capital and GSR Ventures in November 2015. "Smart POS device […]
A fund backed by Shanghai's Zhangjiang Hi-Tech Park has led a URMB100 million (US$15 million) series D+ round in fresh produce O2O (online-to-offline) platform Fruitday, the company announced in a press conference in Shanghai today. The latest round came after a rumored US$100 million series D round the e-commerce start-up completed earlier this year led […]