Tsinghua University's shareholding in the humanoid robot company took 300 million yuan in financing Rongzhong Investment and Financing Weekly

Focus on the latest information on investment and financing in the venture capital circle.

Qiyuan Gas completed the C round of financing of over 100 million yuan

Haiqiyuan Gas Development Co., Ltd. completed the C round of financing of more than 100 million yuan, and the investor is SDIC Chuangyi. This round of financing will be used to further expand the market scale of Qiyuan Gases in the field of electronic chemicals and strengthen its technology research and development capabilities. Qiyuan Gases is an electronic gas manufacturer, providing users with xenon, krypton, helium, ultra-pure oxygen, carbon dioxide and other products, as well as high-end gas system solutions for semiconductor, flat panel display, aerospace, medical and other industries.

LaNova completed a C1 round of financing of RMB 300 million

LaNova Therapeutics (Shanghai) Co., Ltd. (hereinafter referred to as "LaNova Therapeutics" or the "Company") announced that it has recently successfully completed a 300 million yuan C1 round of financing, which was led by China Biopharma, a well-known domestic industrial party, with the participation of Pudong Venture Capital and Zhangjiang Haoheng, and followed by the old shareholders Qiming Venture Capital and Shanghai Biopharma Fund. In addition, LaNova has recently launched a Series C2 financing round, which will be used to accelerate the clinical progress of the company's clinical-stage pipeline, especially LM-302 and LM-108, and support the company's self-developed antibody discovery platform, next-generation ADC technology platform, and bispecific antibody technology platform, so as to continue to produce an internationally competitive innovation pipeline.

AI startup Gladia has raised $16 million in Series A financing

France AI-transcribed audio startup Gladia has announced $16 million in new funding and launched a multilingual real-time audio transcription and analytics engine. The round was led by XAnge, with participation from Illuminate Financial, XTX Ventures and other venture capital firms. Gladia was founded in 2022 to help businesses leverage cutting-edge AI and gain new insights from audio data.

Helium Star Optical Union completed the sixth round of financing of hundreds of millions of yuan

Helium Star Lightlink, a space laser communication solution provider and related product manufacturer, completed its sixth round of financing. This round of financing is led by Minsheng Securities Investment Co., Ltd., Changzhou Xiangxing Information Technology Co., Ltd., Wuhan Huacang Kexin Venture Capital Partnership, Wuxi Liangxi Science and Technology Innovation Industry Investment Fund Partnership, Hangzhou Aohua Venture Capital Partnership and other well-known institutions jointly invested, with a total financing of hundreds of millions of yuan. This round of financing is mainly used for batch production process investment, R&D investment and team building.

Yuntong Technology completed tens of millions of B1 round of financing

Chongqing Yuntong Technology Co., Ltd. (hereinafter referred to as "Yuntong Technology") completed the B1 round of financing of tens of millions of yuan, and this round of financing was completed by Kaiding Capital and Foshan Talent Group. The financing funds will be mainly used for the research and development of new applications/new products, accelerate the mass production of existing products, and provide support for the company to continue to serve OEMs and help the localization and safety of the new energy vehicle supply chain. Yuntong Technology is a semiconductor Fablite company focusing on automotive power chips, modules and drive system solutions, with 100% R&D and design, wafer tape-out, packaging production and application development completed in Chinese mainland, and the whole chain is independent and controllable.

Dayu Technology received a seed round of financing

The three- and four-wheel semi-enclosed electric bicycle (Car-Ebike) brand Dayu Technology (Taizhou Dayu Technology Co., Ltd.) completed a seed round of financing, with a valuation of tens of millions of yuan after financing. This round of financing is invested by TusStar, and the funds will be used for the manufacture and testing of the second-generation prototype. Founded in 2023 and from Taizhou, Zhejiang, Dayu Technology's main products are Car-Ebike, an urban short-distance travel tool.

Square and completed hundreds of millions of yuan in Series B financing, led by Tongchuangweiye

SquareSum (Beijing) Technology Co., Ltd. (hereinafter referred to as "Square") announced the completion of hundreds of millions of yuan in Series B financing. This round of financing was led by Tongchuangweiye, followed by Oriza Puhua, Yahui Investment, Yunhui Capital, Xiangcheng Financial Holding Capital, Entropy Capital and Boxing Capital. SquareBuilder is committed to intelligent solutions for computer vision systems, providing full-stack vision services for manufacturing enterprises, including optical imaging system design, visual algorithm customization, visual equipment customization and development, vision and production data integration, etc., and is the first company in China to propose the concept of industrial cloud vision.

Lu Milan completed a new round of financing, led by a fund under Zhejiang Cultural Investment Group

Ningbo Lumilan New Materials Co., Ltd. (hereinafter referred to as "Lumilan"), a supplier of organic optoelectronic materials, has completed a new round of financing, led by the Digital Fund of Zhejiang Cultural Investment Group. Since its establishment in February 2017, Lumilan has been committed to providing high-performance OLED core materials and technologies for the organic semiconductor industry. After years of development, the company has successfully built a full-stack organic optoelectronic material technology platform system. This technology platform architecture greatly shortens the cross-domain product development and mass production landing cycle, and provides strong support for the company to seize market opportunities.

TenNuo Pharma announced a Series E financing of more than RMB 300 million

TenNuo Pharma announced the closing of the first tranche of over RMB 300 million Series E financing. The financing was co-led by Zhongshan Venture Capital, a subsidiary of Zhongshan Investment Holdings, and AMR Action Fund (AMR Fund), and the proceeds were used to support the late-stage clinical trials and commercialization of the core drug pipeline, including TNP-2198, a new drug candidate for the treatment of Helicobacter pylori infection, and TNP-2092, a new drug candidate for the treatment of implantable medical device infections.

Xingdong Era completed nearly 300 million yuan in Pre-A round of financing, and Tsinghua University held shares

The embodied intelligence company Xingdong Era recently completed nearly 300 million yuan of Pre-A financing, which was jointly led by Qingliu Capital, Yuanjing Capital and Alibaba, followed by Ceyuan Capital, and the old shareholders Lenovo Venture Capital, Century Jinyuan, Jinding Capital, Zeyu Capital, and Qingkong Tiancheng continued to pursue the investment, and Huaxing Capital continued to serve as the exclusive financial advisor for this round.

Founded by Chen Jianyu, an assistant professor at the Institute for Interdisciplinary Information Sciences of Tsinghua University, Xingdong Era is the only humanoid robot company in which Tsinghua University has a stake, and is supported by the Shanghai Institute of Intelligence. The company focuses on the research and development of native universal embodied agents, and has launched a new hardware platform defined by native robot large model + AI. This is also the third round of financing completed by Xingdong Era since its establishment; Previously, the company received an angel round of financing of over 100 million yuan led by Lenovo Venture Capital, followed by Jinding Capital, Zeyu Capital, and Qingkong Tiancheng, and followed by the old shareholder Century Jinyuan, as well as a seed round of financing of tens of millions of yuan led by Century Jinyuan and followed by Turing Venture Capital.

Canadian Solar receives US$500 million in financing from BlackRock

Canadian Solar announced that its subsidiary, Recurrent Energy, a leading global developer and owner of photovoltaic and energy storage plants, has successfully secured a US$500 million investment from BlackRock's Climate Infrastructure Fund. The deal was announced in January 2024 and BlackRock's first investment was completed in June 2024. BlackRock has now completed two investments totaling $500 million, representing 20% of Recurrent Energy's diluted stake on a conversion basis. Canadian Solar will continue to hold the majority of Recurrent Energy's remaining shares.

Heluo Xintu completed a new round of financing

Founded in 2021 and led by returned scholars from the Massachusetts Institute of Technology in United States and the University of Cambridge in United Kingdom, Heluo Xintu is a high-tech innovative enterprise with the goal of iPSC-directed differentiation, gene editing, large-scale cell product preparation and cell therapy technology development. The funds raised will be mainly used to promote the optimization of the production process of regenerated platelet cells at the clinical level and the development of clinical trials, and accelerate the research and development of other innovative products and pipelines.

Bose Quantum completed hundreds of millions of yuan in Series A financing, led by Qifu Capital

Beijing Bose Quantum Technology Co., Ltd. (hereinafter referred to as "Bose Quantum"), a quantum computing company, has completed hundreds of millions of yuan in Series A financing, which is the fifth round of financing completed by Bose Quantum since its establishment more than three years ago. The financing was led by Qifu Capital, followed by Amoeba Capital, Yuanhe Capital and Tracker Tech. The financing will be mainly used for the following three aspects: first, the continuous research and development of coherent optical quantum computers and the formation of small batch production capacity; the second is the ecological construction of "quantum computing +" and the practical application of various industries; The third is to continue to invest in the research and development and layout of general-purpose optical quantum computer technology.

Abridge closed a $250 million funding round at a valuation of $2.5 billion

Abridge, a startup focused on developing AI software for healthcare professionals, announced that it has closed a new $250 million funding round. The round was led by tech investors Elad Gil and IVP, with participation from Alphabet's CapitalG fund. The company was valued at just $200 million last year, and this round is expected to push its valuation to $2.5 billion.

Ningbo Hansheng Transmission received nearly 100 million yuan in Series A financing, led by Hongtai Fund

Ningbo Hansheng Transmission Technology Co., Ltd. (hereinafter referred to as "Hansheng Transmission"), a high-end enterprise of intelligent manufacturing, announced that it has completed a round of financing of nearly 100 million yuan, which was led by Hongtai Fund, and the funds raised from the financing are mainly used for the research and development and mass production of a new generation of precision reducer products. Founded in 2017 in Ningbo, Zhejiang, Hansheng Transmission is a specialized and special new enterprise and high-tech enterprise dedicated to the development, manufacturing and sales of transmission technology products.

Xinbida completed a new round of financing of nearly 100 million yuan, led by New Micro Capital

Wuhan Xinbida Microelectronics Co., Ltd. officially announced the completion of the A1 round of financing. This round of financing was led by New Micro Capital, with the participation of well-known investment institutions such as Optics Valley Financial Holdings. The funds will be mainly used for the R&D and mass production of new generation system foundation chips (SBCs), domain controller chips and driver chips, further enriching the company's product matrix and strengthening the company's market expansion efforts. As a company focusing on the design of automotive-grade digital-analog hybrid chips, the company keeps up with the development trend of the new generation of electronic and electrical architecture of intelligent vehicles, and its product line covers many key fields such as analog power chips, system foundation chips (SBCs), computing control chips, and wireless communication chips.

Dow Intelligence received tens of millions of yuan of investment from Tongchuangweiye

Dow Intelligent Technology (Shenzhen) Co., Ltd. recently received tens of millions of yuan in investment from Tongchuangweiye. This round of financing will be used for the company's R&D and market expansion in the field of reducer. In recent years, with the rapid development of intelligent manufacturing and high-end equipment such as industrial robots, humanoid robots, and high-end CNC machine tools, harmonic reducers and RV reducers are widely used in the field of high-precision transmission, and gradually realize domestic substitution, while more new reducer technologies and products have injected new vitality into the industry. After 8 years of research and development, the company's predecessor successfully launched the Dow ring wrap reducer, and realized the high-efficiency processing and production of the core components of the reducer through the original processing technology. At present, the company's products have been widely used in aerospace, machine vision, industrial automation, AGV, industrial robots, humanoid robots and other fields.