Nezha Automobile received more than 5 billion yuan in financing, and Qianghua Co., Ltd. completed hundreds of millions of yuan in Series C financing丨Investment Express

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April 17, 2024

IT (itjuzi521)

Includes 35 investment/acquisition/IPO queue events

Nezha Automobile received more than 5 billion yuan in financing

Nezha Automobile is an innovative technology company based on innovative technology research and development, intelligent manufacturing and omni-channel sales services, integrating hardware products and software services. On April 15, Tongxiang State-owned Capital Investment and Operation Co., Ltd., Yichun Jinhe Equity Investment Co., Ltd., Nanning Minsheng New Energy Industry Investment Partnership (Limited Partnership) and Hezhong Automobile jointly signed the "Joint Agreement on the High-quality Development of Hezhong Automobile". According to the agreement, the signatories will jointly provide a total investment of no less than RMB 5 billion to Hezhong Automobile, coordinate relevant resources, support Hezhong Automobile to achieve IPO as soon as possible, continue to increase investment in product research and development and technological innovation of Hezhong Automobile, expand the intelligent network R&D center, and promote the expansion of Hezhong Automobile's export scale.

Qianghua Co., Ltd. completed hundreds of millions of yuan in Series C financing

Qianghua Co., Ltd. mainly focuses on the R&D, production and sales of quartz parts for semiconductor equipment. It has more than 20 years of experience in high-purity and high-precision quartz processing, and has the ability of quartz fire processing and machining, and has the production technology and industry experience of semiconductor quartz products. Recently, Shanghai Qianghua has completed hundreds of millions of yuan in Series C financing, with the participation of CLP Fund and Shenzhen Venture Capital, Shanghai Science and Technology, Lingang Digital Technology, Lingang Investment Control, Innosilicon Kinetic Energy, Shanghai Futeng Capital, Jianlu Fund, Yidi Venture Capital and other institutions.

Domestic investment events

1. We Aiyida received Series B investment

Wuai Yida is a 5G-AIoT chip developer, focusing on customizing IoT chip-level solutions for traditional industries, and is determined to build a brand of "highly integrated system-level industry-specific 5GAIoT intelligent chip module" in mainland China, and drive the development of domestic 5G+AI+NBloT IoT technology. Recently, Wuai Yida has completed tens of millions of yuan in Pre-B round of financing, which was invested by Taicang Guofa Wenxin, Yonggui Fund, Jinjiang Juxin Science and Technology Innovation (Juzhuo Capital), Suzhou Haitai Automobile and many other institutions. This round of fund raising will be mainly used for new product research and development, team building and expansion, market expansion, etc.

2. Fanding International completed tens of millions of dollars in Series B financing led by Shunwei

Panding International is an integrated supply chain integrated service provider. Provide one-stop full-chain logistics and supply chain services to reduce logistics costs and improve circulation efficiency, and the core business segments include cross-border first-leg logistics, overseas warehousing and distribution business and cross-border supply chain circulation business. Recently, Fanding International announced the completion of tens of millions of dollars in Series B financing, which was led by Shunwei Capital and served as the exclusive financial advisor of Light Source Capital. After the completion of this round of financing, Fanding International will further strengthen the construction of overseas warehouses and the expansion of overseas distribution network, so as to help China's high value-added products be marketed more smoothly, efficiently and more influentively around the world.

3. Seal Code Biotech completed a seed round of financing of tens of millions of yuan

SealCode Biosciences is a developer of gene editing technology, committed to developing innovative gene editing technology and non-viral vector drug delivery systems, and transforming efficient ultra-small gene editors into gene drugs that can be clinically transformed into gene drugs that can be cured once and treated once for life. Recently, Seal Code Biotech completed a seed round of financing of tens of millions of yuan, which was exclusively led by Mifang Health Fund. The funds raised in this round of financing will be mainly used for the development and promotion of gene editing pipelines and the construction of ultra-small editor platforms.

4. Wow Universe completed the first round of strategic financing of 10 million yuan

Wow Universe is a developer of AIGC model creation tools, and the company has independently developed the company's first vertical industry AIGC model, which provides users with personalized creation tools and greatly improves content generation and creation efficiency. Recently, Wow Universe completed the first round of strategic financing of 10 million yuan, with investors including Lehua Entertainment, Alibaba Pictures, etc., and the parent company Yuanlong Yatu also participated in the capital increase and share expansion. This financing will further help UOVAMETA improve the layout of the AI and Web3 industry chain, and lay a solid foundation for the R&D and business expansion of future platform products.

5. Luban Daojia completed hundreds of millions of yuan in Series B financing

Luban Daojia is a one-stop service platform for home installation and maintenance, focusing on providing the last mile service of installation and maintenance, providing instant installation master supply with nationwide coverage for furniture, building materials, home appliance brands and end consumers, providing additional income opportunities for blue-collar masters, and supplemented by service big data and evaluation system to ensure the service quality of scattered socialized masters. Luban Daojia recently completed hundreds of millions of yuan in Series B financing, led by Innovation Works, and the old shareholder Binfu Capital over-invested. The funds from this round of financing will be used for product technology upgrades, capacity system upgrades and brand marketing promotion. It is reported that this is also the largest single investment in the large home service platform track in recent years.

6. Mengyou Intelligent completed a $3 million financing

Mengyou Intelligence is a developer of intelligent interactive home robots, committed to creating vivid, intelligent and interactive home robots. Its pet robot can play life with users and give users a rich emotional experience through self-thinking, expressing emotions and body movements. Recently, Mengyou Intelligent completed a financing of 3 million US dollars, and the investor is Zhenzhi Venture Capital.

7. Nordic Intelligent completed the Pre-A round of financing

Lenovo Nordi is a new generation of cognitive and decision-making artificial intelligence enterprises incubated by Lenovo Group. It has an industry-based multi-modal large model - fulcrum. The Nordic Fulcrum AI model integrates Lenovo's more than 30 years of advanced manufacturing data and industry know-how (industry, technology, business and other know-how and knowledge precipitation), and has extremely high industry intelligence and evolutionary capabilities. Nordi is committed to transforming and upgrading the manufacturing industry with advanced artificial intelligence technology, helping the manufacturing industry to reduce costs to the extreme, and improving the intelligence level and operational decision-making efficiency of the manufacturing industry. Recently, Nordic Intelligent completed the Pre-A round of financing, which was led by Wu Yuefeng Science and Technology, followed by Trilobite Venture Capital and Qingzhi Capital, and additional investment by Lenovo Group, with a total financing amount of nearly 100 million yuan. This round of financing is mainly used for the continuous iteration and optimization of the industry mechanism of the Nuordi Fulcrum industry model, the continuous polishing and market expansion of the "AI + Manufacturing" scenario solution, and the introduction of outstanding talents.

8. Yueke Guangzhi completed the angel round of financing

Yueke Guangzhi is a manufacturer of life science instrument light source products, which can provide life science instrument light source products including fluorescence microscopes and high-end light source customization services, and is currently the only manufacturer focusing on life science instrument light source in China. Recently, Yueke Guangzhi completed an angel round of financing, and the investor is Qianjiang Group.

9. Yonghua Liepin obtained angel round financing

Yonghua Liepin is a talent headhunting service provider, mainly providing value-added services for small and medium-sized enterprises. The company's other businesses also include talent headhunting services, government resource connection, product trade sales and exports. Recently, Yonghua Liepin completed an angel round of financing of 3.78 million Hong Kong dollars, which was exclusively invested by Hong Kong Huijin Investment Co., Ltd.

10. Zhongyuan rollers are listed on the New Third Board for public transfer

Zhongyuan Roller is a manufacturing company specializing in the production of forged steel cold rolled rolls, hot rolled rolls, centrifugal ductile iron pipe molds, mandrel rods and other metallurgical spare parts, and is a certified manufacturer of forged steel rolls, cast pipe molds and metallurgical spare parts. Recently, the listing application of Henan Zhongyuan Mixed Shaft Co., Ltd. (stock abbreviation: Zhongyuan Roller Stock Code: 874437) was approved and will be listed from April 16, 2024.

11. Fuxing Technology received millions of angel round financing

Fuxing Network is a semiconductor equipment supplier, nano manufacturing technology enterprise, and a leading display equipment supplier, focusing on the electronics departments of colleges and universities, integrating school and enterprise resources, providing talent training services and industry-university-research linkage services for the semiconductor industry, and helping China to make "cores"; Recently, Fuxing Technology has received a new round of financing, which is jointly invested by well-known industrial investment funds. The financing funds are mainly used for self-operated business expansion and semiconductor manufacturing market layout.

12. Tonglue Technology received strategic investment

Tonglue Technology is mainly engaged in the informatization construction in the field of e-government and archives, and its customers include governments and courts. Party and government organs such as procuratorates, public security bureaus, archives bureaus, human resources and social security bureaus, securities, banks and other financial institutions, institutions of higher learning, and large enterprises and institutions in various industries. At present, the company has independently developed software products such as e-government public platform, government big data platform, Internet + government service platform, file management system and so on. Recently, Tonglue Technology has received strategic investment, and the investor is CIIC.

13. Ultima Lab究研所完成近千万元种子轮融资

Ultima Lab is a functional food R&D and manufacturer, and the company has launched two products on the market, namely Ultima Lab for the male liver care market, and Ultima Lab for the drinking market. Recently, Ultima Lab has completed a seed round of financing of nearly 10 million yuan, which was completed by Changsai Fund and the former Perfect Diary.

14. Mobvoi received a cornerstone investment of HK$95 million

Mobvoi is an artificial intelligence company with generative AI and voice interaction at its core. It has AI infrastructure capabilities, cutting-edge general large model capabilities (self-developed large model "Sequence Monkey"), and optimization algorithm technology modules that combine software and hardware in vertical fields. Through AIGC to empower content creation, we have built a rich AIGC CoPilot product matrix, including the AI dubbing assistant "Moyin Workshop", the overseas version of "DupDub", and the AI digital avatar "Wonder Yuan" to create a one-stop content creation platform. The company recently received a cornerstone investment of 95 million Hong Kong dollars, and the investors are Zhongguancun International Co., Ltd. and Nanjing Jingkai Juzhi Science and Technology Innovation Investment Partnership (Limited Partnership).

15. White Ape Technology completed the angel round of financing

White Ape Technology is a technology company engaged in website construction, APP applet development, payment system development, self-service ordering system development, etc. The company mainly focuses on technology research and development and innovation, grasps the needs of the Internet industry, and uses the core technology of the Internet to provide customers with safe, stable, fast and convenient integrated solutions. Recently, White Ape Technology completed an angel round of financing, with a total financing amount of 25 million yuan, which will strongly promote White Ape Network to increase R&D investment, accelerate business expansion, and help enterprises in digital transformation.

16. Leqi Intelligent received tens of millions of yuan in A+ round financing from Dahengqin Capital

Founded in 2016, Leqi Intelligent is a national high-tech enterprise dedicated to the field of intelligent short transportation with AIoT intelligent interconnection, intelligent somatosensory interaction and intelligent robot technology. The main products are intelligent short-distance transportation tools, such as balance bikes, scooters, folding bicycles, electric vehicles and other intelligent products. Recently, Leqi Intelligent has received tens of millions of yuan in A+ round of financing from Dahengqin Capital, which not only injected strong development momentum into Leqi Intelligence, but also more effectively demonstrated the company's increasingly prominent market position and technical strength in the field of intelligent short-distance travel.

17. Suowei Technology completed the first round of financing of 10 million yuan, led by Zhongying High-tech Fund

Sowei Technology is a digital transformation service provider, providing the Sysware platform to realize the digital thread and digital twin of the whole chain and the whole life cycle, establish digital equipment and digital delivery system, and also help leading enterprises to play a synergistic role in the industrial chain and drive upstream and downstream small and medium-sized enterprises to achieve digital transformation. Recently, Suowei Technology completed the first round of equity financing at the level of 10 million. The lead investor is Zhongying High-tech (Yucheng) Fund, and the fund manager is Zhongying Equity Investment Management (Guangzhou) Co., Ltd.

18. Addison Pharma intends to realize the holding of Nanda Pharmaceutical

NTA Pharmaceutical Co., Ltd. is a developer of medical injectable drugs, mainly selling urokinase for injection and small molecule heparin sodium API, and has a complete production chain from urokinase API for injection to preparation, urokinase products are mainly involved in cardiovascular and cerebrovascular and thrombolysis and other related therapeutic fields. Recently, Aidi Pharmaceutical intends to acquire 31.161% of the equity of Nanda Pharmaceutical in cash to realize the control of Nanda Pharmaceutical.

19. Runjing Technology acquired Sumitomo Electronics Hefei

Sumitomo Electronics is engaged in the manufacture and sale of wet electronic chemicals in the field of polarizing films, aluminum targets, displays, and semiconductors. On April 16, Runjing Technology announced that it has reached an agreement with Sumitomo Chemical Co., Ltd. (hereinafter referred to as "Sumitomo Chemical") on the wholly-owned acquisition of Sumitomo Electronic Materials Technology (Hefei) Co., Ltd. and Sumitomo Electronic Materials Technology (Chongqing) Co., Ltd., and the two parties have completed the signing of the equity transfer contract. After satisfying the relevant conditions on the equity transfer contract, Hefei Zhuhua and Chongqing Zhuhua will become wholly-owned subsidiaries of Runjing Technology. Runjing Technology said that through this acquisition, it will inherit the technical advantages and business system of Sumitomo Chemical Group, quickly expand its product portfolio (such as etching solution, stripping solution, CF developer), and provide customers with a variety of overall supply solutions, so as to improve the competitiveness of Runjing Technology in China's wet electronic chemical market. At the same time, the regional layout of Chongqing and Hefei can achieve rapid response from local customers.

Foreign investment events

1. Inference Labs raised $2.3 million in seed round

Inference Labs is a Web3 and AI technology R&D application service provider focused on further optimizing the AI innovation approach of Inference Labs, and their work focuses on developing a network for effective AI verification through inference proof consensus. Inference Labs announced the closing of a $2.3 million Pre-Seed round led by Digital Asset Capital Management, Delphi Ventures, and Mechanism Capital, with Big Brain Holdings, BitScale Capital, Edessa Capital, ID Theory, and Metropolis DAO, Mozaik Capital, Newman Capital, and Seed Club Ventures followed. Industry leaders and builders, Lucas (founder of Renzo Protocol), Dan (founder of BENQI), Kalin (Render), Jason Morton (founder of zkonduit & EZKL), Santiago R Santos, Omar Shakeeb (founder of SecondLane), DeFi Dad, and many others.

2. Avalon Corp received a $10 million strategic investment

Avalon Corporation is a game and virtual experience development platform that develops and designs a game tool that enables game developers to quickly create interoperable game products. Bitkraft Ventures and Hashed co-led a $10 million funding round for crypto game studio Avalon.

3. Lawhive raises €11 million in seed round

Lawhive is an artificial intelligence lawyer platform focusing on the field of legal services, and is committed to providing legal advice, legal support and other services for enterprises and individual users. By using cutting-edge AI to handle many aspects of legal work, the Lawhive platform saves lawyers a lot of time and brings significant benefits to clients in terms of cost and efficiency. Lawhive raised €11 million in a seed round led by Google Ventures (GV) with participation from Episode 1 Ventures.

4. Paraform raised $3.6 million in seed round

Paraform is a recruitment platform provider that focuses on the field of manpower recruitment services, which can post open positions and anyone can earn bonuses for successfully referring candidates. Paraform raised $3.6 million in seed round, led by A*, with participation from Evan Moore and Primer Sazze Partners.

5. G42, an AI company in the UAE, received a $1.5 billion strategic investment from Microsoft

G42 (Group 42 Holding) is an AI artificial intelligence technology company in the United Arab Emirates. G42 has been known as the "Alibaba + Tencent of the Middle East" from its beginnings in using technology to transform the oil and gas industry, to operating the National Genome Project, and now as the most important cloud computing infrastructure platform in the UAE. Microsoft has announced an announcement of a $1.5 billion investment in the G42. Under the investment agreement, Microsoft President Brad Smith will join the G42 board, which will use Microsoft's Azure cloud to develop its AI applications.

6. Multisynq raises $2.2 million in seed round

Multisynq is a decentralized internet bandwidth sharing network that enables individuals to monetize excess internet bandwidth by selling it to developers to create a unified online experience, allowing anyone to participate as a Synqer and earn rewards by connecting Synqers and Coders, while providing low-latency, synchronized connectivity for multiplayer games and applications built by Coders on the web. Multisynq announced that it has closed a $2.2 million seed round led by Manifold, with participation from ARKN Ventures, PHD Capital, EnigmaFunge, AlphaCrypto, Republic Crypto, and multiple angel investors.

7. Lumoz received a strategic investment of 10 million US dollars

Lumoz (formerly Opside) is a ZK-RaaS provider, based on PoS & PoW hybrid consensus, focused on providing users with ZK-Rollup solutions, which are provided by PoS and PoW decentralization, respectively. Lumoz disclosed that it closed a new round of financing at a valuation of $120 million, with participation from OKX Ventures, HashKey Capital, KuCoin Ventures, and others.

8. KODE Labs raises $30 million in Series B financing

KODE Labs is a provider of smart building solutions that provides Kode OS, a smart building operating system that leverages a software-as-a-service (SaaS) model to standardize and optimize building performance. The platform integrates all forms of building management and operations systems while reducing energy, carbon emissions, and automating operations. Kode Labs raised $30 million in a Series B funding round. The round was led by Maverix Private Equity with participation from TELUS Ventures and existing investor I Squared Capital.

9. Ecotrak receives $30 million in strategic investment

Ecotrak is a provider of intelligent facilities management platforms that simplify facility management for multi-site owners and operators of restaurants, convenience stores, grocery stores, and countless other businesses through a modern web and mobile app. Its platform combines asset-specific data, automation, and predictive analytics with a vast network of service providers. Ecotrak has raised $30 million in funding. The round was led by Respida Capital, with participation from Carver Road Capital and existing investor Gala Capital Partners.

10. UniUni received $50 million Series C investment

UniUni is a last-mile delivery service provider, providing high-quality and standard last-mile delivery and return services for leading cross-border e-commerce platforms including Amazon, Walmart, Shein, Wish and local enterprises in North America with an innovative "crowdsourcing" service model + dense distribution network + digital service system. The company recently received a $50 million Series C investment, led by DCM.

11. GridBeyond raised €52 million in Series C financing

GridBeyond is an EaaS energy-as-a-service platform that enables companies to achieve their goal of zero carbon emissions through AI, ML, and advanced data modeling. The company's AI-powered virtual power plant ensures that the company's assets are optimized in real-time in the right market through the use of robotic energy trading. Sub-second monitoring also ensures predictive maintenance and allows for carbon reporting. Recently, GridBeyond received 52 million euros in Series C financing, with investment from ACT Venture Capital, Constellation Energy, Energy Impact Partners, Mirova, Yokogawa Electric, ABB, and Klima.

12. Hanxiang Brain Science Group wholly acquired EB Neuro

Headquartered in the historic city of Florence, Italy, EB Neuro S.p.A. is a medical device company specializing in neurophysiological solutions with operations in 155 countries around the world. Recently, Hanxiang Biotech announced the completion of the 100% acquisition of EB Neuro in Italy.

13. Prysmian intends to acquire Encore Cables at a premium

Encore Wire is a wire manufacturer that provides customers with wire and cable products for indoor scenarios such as commercial and industrial buildings, residences, and apartments. Prysmian is proposing to acquire Encore Cables for $290 per share in cash, with a total enterprise value of approximately €3.9 billion.

14. Karma Wallet 收购 DoneGood

DoneGood is a sustainable shopping marketplace with more than 100 sustainable and ethical brands and a diverse range of products, where users can buy more than 100 brands of products that are good for people and the planet. Karma Wallet acquires sustainable shopping marketplace DoneGood. The amount of the transaction was not disclosed.

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