Editor's note: We at EqualOcean tracked the major funding rounds or industry events that took place in China’s tech space in December 2022. And the following is a list of deals that we have selected for you, based on a number of criteria, including the funding amount, the financial backers, and the segments in which the startups operate.
1. Talents and Technology
Talents & Technology(Chinese:储慧智能) completed a Series Pre-A funding round, invested by Liyang Investment(Chinese:溧阳投资) and CASSTAR(Chinese:中科创星). Established in 2020, Talents and Technology aims to promote the new energy battery industry application software. The company's software provides R&D management, manufacturing management, simulation and other industrial software development, implementation and consulting services, enabling the battery industry partner to develop.
2. Gosion Robot
Gosion Robot (Chinese: 国巡机器人) completed a Series Pre-A funding round worth tens of millions of CNY, led by Hengzhan Capital(Chinese: 恒湛资本), with participation by Ningbo Xiangtian, Daocin Capital. Established in 2021, Gosion Robot specializes in safety inspection robots. The company mainly engages in safety inspection and safety intelligence research and has created a variety of intelligent safety inspection products, which have been applied in the energy industry.
3. Sectrend
Sectrend (Chinese: 安势信息) recently completed the Series Pre-A funding round worth tens of millions of CNY, led by Weizhi digital Investment (Chinese: 微智数科), with participation by Firstred Capital. Founded in 2021, Sectrend innovates security software designed for open-source software. The company develops software composition analysis (SCA) software, providing open-source security compliance governance services.
4. Galaxis Technology
Galaxis Technology (Chinese: 凯乐士) recently completed the Series E funding round worth hundreds of millions of CNY, led by CoStone Capital(Chinese: 基石资本), with participation by Risinglink Investment, Jiaxing Science and Technology City Investment, Nanhu Financial SinoKing Capital, Jiansheng Investment and so on. Founded in 2014 and headquartered in Jiaxing, Galaxis Technology has been focusing on providing smart logistics and automation solutions designed to facilitate the intelligence transformation of logistics centers across industries. The company's solutions entail providing businesses with advanced robotics, smart equipment products and software, and end-to-end integrated technical services with artificial intelligence and cloud technology at its core, enabling logistics centers in more than 20 industries to efficiently and safely access a full range of products.
5. Wonder Lab
Wonder Lab(Chinese: 望里科技) bagged hundreds of millions from a Series B funding round, led by Morningside ventures (Chinese: 晨兴创投), with participation by Hefei Industry Investment Group, BioTrack Capital, Long Hill Capital and Zhongxin Industrial Investment. Founded in 2017 and headquartered in Beijing, Wonder Lab is a company focusing on medical systems intended to improve the treatment of mental disorders. The company uses artificial intelligence to explore the human brain and spiritual realm, committing to improving the assessment and treatment of psychiatric disorders by utilizing biological signals as a medium.
6. PIQS
PIQS(Chinese:昂视智能) completed the Series B funding round, invested by Green Pine Capital (Chinese:松禾资本) and Guosen Capital(Chinese:国信资本). Founded in 2013 and headquartered in Shenzhen, PIQS is a high-end brand of automated industrial products such as machine vision systems, 3D laser measurement, code readers, and sensors. The company has R&D teams of algorithms, optics, software, machinery, electronics, etc., providing efficient visual inspection solutions based on customer product design and specifications.
7. Tiaoyue Intelligence
Tiaoyue Intelligence(Chinese: 跳悦智能) completed a Pre-A funding round worth tens of millions of CNY, invested by HINA (Chinese: 汉能创投). Founded in 2021 and headquartered in Beijing, Tiaoyue Intelligence has been dedicated to digital marketing using generative AI. The company focuses on five major technologies: AI for video synthesis, lip and body movement synthesis, emotional speech synthesis, dialogue engine and knowledge graph, enabling live streaming and e-commerce platform to solve specific problems such as pre-sale contact, sale and after-sales service.
8. Rossum Robot
Rossum Robot(Chinese:罗森博特) announced the completion of Series B funding round worth hundreds of millions of CNY, led by Zhongguancun Science City Construction (Chinese:北京中关村科学城公司) and Shenzhen Capital Group(Chinese:深圳市创新投资集团) , with particiaption by Shengjing Capital and Qingkong Investment. Founded in 2017 and headquartered in Beijing, Rossum Robot specializes in surgery robotics solutions designed to assist surgical procedures in orthopedic surgery. The company develops robotic surgery systems and orthopedic surgery robotics that are capable of real-time intraoperative 3D navigation, fracture reduction operation, automatic surgical planning and so on.
9. Zoolnasm
Zoolnasm(Chinese: 众钠能源) completed the Series Pre-A funding round worth hundreds of millions of CNY, led by Shenzhen Country Garden Venture Capital (Chinese: 碧桂园创投). Founded in 2021 and headquartered in Jiangsu Province, Zoolnasm is a developer of sodium-ion batteries. The company is committed to developing sodium-ion batteries, which can be used in automotive and energy storage power stations.
10. Zhongneng United
Zhongneng United(Chinese:众能联合) completed its Series D funding round, invested by Hunan Chasing Fund Management (Chinese:湖南财信产业基金). Founded in 2016, Zhongneng United is an enterprise focusing on rental machinery equipment for construction and infrastructure operations. The company provides heavy machinery such as heavy trucks, scissors operating platforms, straight arm working platforms and articulated arm platforms for lease for various industries, providing clients with safe, efficient and one-stop equipment leasing solutions.
11. FABU
FABU (Chinese: 飞步科技) completed a Series B+ funding round worth hundreds of millions of CNY, invested by Anhui Wantou Railway Investment Management(Chinese: 安徽省铁路发展基金) and Zhejiang University Education Foundation (Chinese: 浙江大学教育基金会) . Founded in 2017 and headquartered in Hangzhou, FABU a company specializing in providing autonomous driving equipment and technology designed to provide unmanned horizontal transportation systems and services to automated terminals.
12. XCMG HANYUN
XCMG HANYUN(Chinese: 徐工汉云) completed a Series B funding rounds worth more than 300 million of CNY, led by Hillhouse Group (Chinese: 高瓴资本), with participation by Xuzhou Industrial Development Fund, Guosheng Furui Asset Management and China Development Bank Capital. Founded in 2014 and headquartered in Xuzhou, XCMG Information is an industrial Internet technology and solutions provider.
13. Lanxing Software
Lanxing Software(Chinese:蓝幸软件) completed the Series A financing round worth tens of millions of CNY, led by Weizhi Digital Investment (Chinese:微智数科), with participation by Ivy Capital. Founded in 2020 and headquartered in Shanghai, Lanxing Software is an innovative high-tech enterprise committed to providing supply chain solutions. The company relies on the SCATLAS decision middle platform to provide supply chain planning, supply chain rule optimization, supply chain planning, end-to-end supply chain traceability and other solutions to help companies drive transformation for their business through digitalization, enabling clients to improve supply chain efficiency.
14. Benewake
Benewake (Chinese: 北醒光子) completed its series C+ funding round, invested by CCB Investment, Shunwei Capital, FAWSN, Tianqi Private Equity Fund Management, Jiangmen Venture Capital, Guohai Innovative CCI Capital, CETC Fund and FH Capital. Founded in 2015 and headquartered in Beijing, Benewake is a leading global manufacturer and developer of solid-state LIDAR (Light detecting and ranging) products intended to promote the development of autonomous driving.
15. i-KINGTEC
i-KINGTEC(Chinese:云圣智能) announced the completion of the Series C financing round worth hundreds of millions, led by Longmen Investment(Chinese:中关村龙门投资领), with participation by Zhongyi Investment and FG Venture, BETC. Founded in 2017 and headquartered in Beijing, i-KINGTEC is a developer of intelligent industrial drone and UAV systems designed to use four-dimensional capabilities to improve the efficiency of production.