20210919 Weekly Funding News

Tech In China
2 min readSep 19, 2021

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CarZone (新康众), a 8-year-old, Jiangsu-based, one-stop automotive aftermarket service platform, raised $200 million in Series D funding round, led by AIC, followed by Dragon Capital and Alibaba Group.

DataStory (数说故事), a 6-year-old, Guangzhou-based, big data and AI business intelligence application provider, raised 250 million yuan ($38+ million) in C+ funding round, led by Shunwei Capital and Xiaomi Group.

Beaster, a 5-year-old, Hangzhou-based, streetwear brand, raised over 200 million yuan ($30+ million) in First funding round, led by Ince Capital, followed by Meridian Capital, etc.

SynSense (时识科技), a 1-year-old, Chengdu-based, high-tech company focusing on brain-like computing and brain-like chip design and development, raised about 200 million yuan ($30+ million) in Series Pre-B funding round, led by Kington Capital and Zhangjiang Technological Venture, followed by Cethik, China Merchant Startup, Techtronics, Ventech China, etc.

Starblaze (忆芯科技), a 6-year-old, Beijing-based, company that provides chips for enterprises, raised about 200 million yuan ($30+ million) in Series B+ funding round, lbacked by Zhongdian Tuofang, etc.

Precision Scientific (普瑞基准), a 6-year-old, Shanghai-based, startup company based on high-throughput genome sequencing and bioinformatics big data analysis, raised 150 million yuan ($23+ million) in Series B funding round, led by Westport Assets and GTJA Investment Group, followed by Polaris Capital and Grand Mount Capital.

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Tech In China
Tech In China

Written by Tech In China

Stories about China’s tech giants, startups, funding, venture capital, trends, and industries of tomorrow.

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