210723 Weekly Funding News

Tech In China
2 min readJul 24, 2021


CalmCar (天瞳威视), a 5-year-old, Suzhou-based, automotive driver assistance system developer, raised $150 million in Series C funding round, led by ZF Group, followed by Dragonstone Capital, OCI International Holdings, VinFast, Great Filter Venture, etc.

TransThera (药捷安康), a 7-year-old, Nanjing-based, innovative small molecule new drug research and development company, raised $100 million in Series D funding round, led by CPE Capital and CCT Fund, followed by Six Degree Capital, CP Healthcare Capital, CoStone Capital and Jiangsu Ruihua.

ArchForce (华锐金融技术), a 5-year-old, Shenzhen-based, China’s leading distributed low-latency technology company, raised over 270 million yuan ($41+ million) in Series Pre-C funding round, led by Huatai Innovation, followed by Essence Securities, China Merchants Securities, Orient Securities, industrial Capital, etc.

Zhiyi Tech (知衣科技), a 3-year-old, Hangzhou-based, AI e-commerce solution provider, raised 200 million yuan ($30+ million) in Series B funding round, led by Hillhouse Capital and Zoo Capital, followed by Yonghua Capital and Legend Capital.

Banniu (班牛), a 4-year-old, Shanghai-based, professional digital and intelligent solution provider, raised over 100 million yuan ($15+ million) in Series A funding round, led by Eastern Bell Capital, followed by Matrix Partners China and SiE.

ZettaStone (泽石科技), a 4-year-old, Beijing-based, high-tech storage company under the Institute of Microelectronics of the Chinese Academy of Sciences, raised 100 million yuan ($15+ million) in Series B funding round, led by China CME Development Fund Co., Ltd., followed by Puda Capital.



Tech In China

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

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