Tracxn - Geo Monthly Report - China Tech - Feb 2022

TRACXN MONTHLY REPORT
FEBRUARY 2022
CHINA TECH

China Tech - February 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Contents
2
China Tech Snapshot 3
Investment Snapshot 4
List of Funding Rounds 5
New Investors 15
Top Funded Business Models - last 1 year 17
New Analyst Picks 18
IPOs 22
Acquisitions 23
Recent News 24

China Tech Snapshot – February 2022
China Tech: Snapshot – February 2022
Note : "Investors" refers to "Institutional Investors" only
3
$1.7B
61 2
Overall Geo Stats
20
2
226
38
84
Funding Rounds $ Invested Analyst Picks
G7 Upgraded to
UNICORN
New Investors
truarrow.com
seaxventures.com
Series A+ rounds Active Investors IPOs
Lepu Biopharma
Huitongda
Acquisitions
Jiecheng Medical
Technology
TORA
Top Funding Rounds Top Markets Top Investors Top Cities
Monthly Leader Board
Beijing
(16 Rounds, $620M)
Shanghai
(12 Rounds, $84.2M)
Haidian
(8 Rounds, $314M)
Shenzhen
(8 Rounds, $17.4M)
$200M - Series D
G7 (2006, Haidian, $710M)
$200M - Series B
Amber Group (2017, Hong Kong, $328M)
$140M - Series C
Debeijin Service Technology (2016,
Beijing, $300M)
$100M - Series D
Beijing Wisdom Teeth Bochuang
Technology (2014, Beijing, $220M)
Sequoia China
(6 Investments)
Yuanhe Holdings
(4 Investments)
Hillhouse
(4 Investments)
CDH Investments
(3 Investments)
Finance & Accounting Tech
Debeijin Service Technology
Logistics Tech
G7
Cryptocurrencies
Amber Group
Online Travel
Market Size
Companies Covered 28,618
Funded Companies 12,699
Total Funding $440B
Funding in last 12 months $42.1B
Top Exits
IPOs 458
Acquisitions 471
Company Stage
Unicorns 169
Soonicorns 593
Minicorns 990
Editor Picks 3,821
Series A+ 5,811
Series C+ 1,207
Acqui-Hires 2
Deadpooled 4,180
Top Cities
Beijing (5,405 Rounds, $129B)
Shanghai (3,127 Rounds, $76.9B)
Top Investors
Sequoia Capital (398 Investments)
Matrix Partners China (314
Investments)

Investment Snapshot
Investment Snapshot of China Tech as of February 2022
China Tech: Investment Snapshot
4
# Rounds
$ Funding
Investment Trend Top Investments (February 2022)*
G7
(2006, Haidian, $710M)
$200M - Series D SDIC
Amber Group
(2017, Hong Kong, $328M)
$200M - Series B Temasek
(2016, Beijing, $300M)
$140M - Series C DST Global
Beijing Wisdom Teeth
Bochuang Technology
(2014, Beijing, $220M)
$100M - Series D SoftBank Vision Fund
Nanjing Yunjiafang Network
Technology
(2015, Nanjing, $243M)
$100M - Series E Apax
Beijing Silang Technology
(2016, Beijing, $100M)
$100M - Series C Tianfeng Tianrui
Sixents Technology
(2018, Haidian, $98.1M)
$98.1M - Series B Enlighten Holdings
Zhejiang Dekang Medical
Equipment
(2015, Jiaxing, $79.0M)
$79.0M - Series B
Haizhi BDP
(2013, Beijing, $125M)
$78.9M - Series D China Internet Investment Fund
Rokae
(2015, Beijing, $141M)
$62.8M - Series D New Hope Group
HBD
(2013, Zhongshan, $60.0M)
$60.0M - Series A Qianhai Ark Asset Management
*Shows only the lead Investors

List of Funding Rounds (1/10)
List of Funding Rounds in China Tech in February 2022
China Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
5
LATE STAGE
$44.2M - Series C
Hangzhou Guanyuan Data (2016, Xuhui, $66.5M)
Big data and business intelligence solutions for
multiple industries
Linear Venture, Unicorn Capital Partners, Sequoia
China
LATE STAGE
$47.3M - Series D
SceneRay (2011, Suzhou, $62.6M)
Developer of a portfolio of Neuromodulation devices
Sequoia China, Hill House ventures
LATE STAGE
$62.8M - Series D
Rokae (2015, Beijing, $140.8M)
Provider of robotic arms for the manufacturing sector
New Hope Group
LATE STAGE
$78.9M - Series D
Haizhi BDP (2013, Beijing, $125.4M)
Big data visualization platform for enterprises
China Internet Investment Fund, Hillhouse, Legend
Capital, Village Capital, , and 1 more
LATE STAGE
$100.0M - Series C
Beijing Silang Technology (2016, Beijing, $100.0M)
Provider of microprocessors
Grand Flight Investment, , Tianfeng Tianrui, CICC
LATE STAGE
$100.0M - Series E
Nanjing Yunjiafang Network Technology (2015,
Nanjing, $243.1M)
SaaS-based accounting software
Apax, Global Fund Investments, , GF Securities
LATE STAGE
$100.0M - Series D
Beijing Wisdom Teeth Bochuang Technology
(2014, Beijing, $220.3M)
AI based NLP engine used for business intelligence
services
SoftBank Vision Fund, Hillhouse, Yunqi Partners, GL
Ventures, Mirae Asset
LATE STAGE
$140.0M - Series C
Debeijin Service Technology (2016, Beijing,
$300.0M)
SaaS-driven expense & reimbursement management
solutions for businesses
DST Global, Eight Roads Ventures, Glade Brook Capital,
Emergence Capital, , and 5 more

6
LATE STAGE
$200.0M - Series D
G7 (2006, Haidian, $710.0M)
Provider of AI-based fleet management software
Trustbridge Partners, GLP, SDIC, China Broadband
Capital
LATE STAGE
Series C
Shandong Hoteam Software (1993, Jinan,
$27.8M)
Provider of product life cycle management and design
software
Legend Capital, Qingsong Fund, , Harvest Capital,
Tsinghua Holdings Capital
LATE STAGE
Series C
RoboSense (2014, Shenzhen, $45.0M)
Provider of AI-enabled LiDAR sensor systems for
autonomous vehicles
Desay SV Automotive, , Xingshao Ventures, , BYD, and
3 more
LATE STAGE
Series C
Tianyi Hexin (2014, Nanjing)
Manufacturer of sensors for diagnostics applications
CDH Investments, CITIC Capital, Langma Feng Venture
Capital, Juntong Capital
LATE STAGE
Series C
Tmeng (2012, Beijing, $32.7M)
Crowdfunding platform for movies & short films
Maoyan
LATE STAGE
Series C
Anhui Zhimai Technology (2009, Hefei, $24.7M)
Provider of cloud-based suite solution for restaurants
Gaocheng Capital, Shunwei Capital, Hillhouse
LATE STAGE
Series D
MINIEYE (2013, Shenzhen, $40.2M)
AI-enabled vision based system developer
China Developement Bank, China Unicom, CICC Capital,
Shenzhen Dongfang Fuhai Investment Management
EARLY STAGE
$1.6M - Series B
Beijing Renxin Securities Technology (2010,
Beijing, $1.6M)
Provider of an identity authentication and data security
solutions
EARLY STAGE
$3.0M - Series A
StockViva (2016, Kowloon, $5.0M)
Technical analysis platform for stock trading
Kharis, Farquhar Venture Capital, Hong Huan Group,
AngelHub

7
EARLY STAGE
$4.0M - Series A
BNV (2021, Hong Kong, $4.0M)
Provider of NFT based solutions for fashion brands and
designers
Animocabrands, Cube Entertainment, MyAsiaVc,
AngelHub, Startive Ventures, and 8 more
EARLY STAGE
$6.0M - Series A
Karmaverse (2021, Beijing, $8.0M)
Developer of Pc and console-based NFT games
, Foresight Ventures, HashKey, OKX, FundamentalLabs,
and 7 more
EARLY STAGE
$6.0M - Series A
Voila (2018, Shanghai, $7.5M)
Provider of AI-based social fashion inspiration platform
Sinovation Ventures, Artesian, Fosun RZ Capital, SOSV
EARLY STAGE
$8.0M - Series B
EventX (2014, Hong Kong, $18.0M)
Cloud based virtual event management software
provider
GL Ventures
EARLY STAGE
$15.0M - Series B
SEER (2020, Shanghai, $15.0M)
Provider of a warehouse automation mobile robot
system for various industries
IDG Capital, Haolan Capital, SAIF Partners
EARLY STAGE
$15.7M - Series A
RoboCT Technology (2017, Hangzhou, $15.7M)
Developer of robotic rehabilitation devices for
orthopedic and neurology diseases
Poly Development Holdings, Anxin Securities, BlueRun
Ventures, Fortune Capital
EARLY STAGE
$15.7M - Series B
Morui Technology (2015, Dongguan, $15.7M)
Manufacturer of graphene nanostructures
Guangzhou Yuexiu Industrial Investment Fund
Management
EARLY STAGE
$15.7M - Series B
Langmai Medical (2012, Shanghai, $15.7M)
Developer of medical devices for orthopedic surgical
procedures
Decheng Capital
EARLY STAGE
$15.8M - Series B
Robit (2018, Haidian, $15.8M)
Provider of multiple professional service robots

8
EARLY STAGE
$15.8M - Series A
Hong Jing Drive (2018, Hangzhou, $31.2M)
Tech-enabled solutions for autonomous vehicles
Prosperity7 Ventures
EARLY STAGE
$15.8M - Series B
TacSense (2013, Shenzhen, $15.8M)
Manufacturer of flexible pressure sensors
Shenzhen Eastern Investment, yuandu, Beijing Yuanhui,
Wang Xiaochuan
EARLY STAGE
$20.0M - Series B
Dowsure (2016, Pudong, $20.0M)
Provider of insurance services to cross border business
Ventures Lab, SZQH, Plug and Play
EARLY STAGE
$31.4M - Series A
Beijing Jinlan Gene Technology Co (2019, Beijing,
$31.4M)
Developer of drugs for rare diseases by using gene
technology
, Saiying Capital, Shenzhen Capital Group, Shenzhen
Dongfang Fuhai Investment Management
EARLY STAGE
$47.2M - Series A
Feng1 (2006, Guangdong, $47.2M)
Platform offering semi-autonomous vending machine
SoftBank Ventures Asia, CICC Capital, Shenzhen Capital
Group
EARLY STAGE
$47.3M - Series B
TCRCure Biopharma (2016, Beijing, $47.3M)
Developer of cell therapies to treat cancer
, Emerging Technology Partners, Share Capital, DT
Capital Partners
EARLY STAGE
$47.4M - Series B
Weisheng (2015, Shanghai, $62.9M)
Cloud based platform offering CRM software
IDG Capital, ZWC
EARLY STAGE
$50.0M - Series A
Taichi Graphics (2021, Beijing, $50.0M)
Platform offering domain specific programming
language
Source Capital, BAI Capital, Sequoia China, GGV Capital
EARLY STAGE
$60.0M - Series A
HBD (2013, Zhongshan, $60.0M)
Manufacturer of selective laser melting technology-
based 3D metal printers
Qianhai Ark Asset Management, e, Grand Flight
Investment

9
EARLY STAGE
$79.0M - Series B
Zhejiang Dekang Medical Equipment (2015,
Jiaxing, $79.0M)
Developer of orthopedic implants and surgical
technology systems
, JunHe, Zhejiang Haibang Investment Management
EARLY STAGE
$98.1M - Series B
Sixents Technology (2018, Haidian, $98.1M)
Provider of high-precision positioning products and
services for autonomous driving
Enlighten Holdings, Tsinghua Holdings Capital, CDH
Investments, Yuanhe Holdings, , and 5 more
EARLY STAGE
$200.0M - Series B
Amber Group (2017, Hong Kong, $328.0M)
Crypto-based financial solutions provider
Temasek, , Sequoia China, Tiger Global Management,
Pantera Capital, and 1 more
EARLY STAGE
Series B
Nebula (2016, Haidian, $4.4M)
Provider of V2X solutions for connected cars
Wofo Capital, Anhui Guoyuan Venture Capital, Anhui
Traffic Control Capital Investment Management,
Tsinghua Holdings Capital, Hefei Industrial Investment
Holdings
EARLY STAGE
Series A
Jingpin Hi-tech (2013, Changping)
Platform offering smart vending machines
Plum Ventures
EARLY STAGE
Series A
HC Robotics (2019, Hangzhou, $15.8M)
Provider of automated storage and sorting solutions
SF Express
EARLY STAGE
Series B
Zhejiang Curaway Medical Technology (2014,
Hangzhou)
Developer of medical devices for the diagnosis and
treatment of tumors
Hangzhou Industrial Investment Group, Haier Capital
EARLY STAGE
Series A
Milebot (2016, Shenzhen)
Provider of AI-based exoskeleton robots and
orthopedic rehabilitation systems
Shandong Weigao Group Medical Polymers

10
EARLY STAGE
Series B
Zhongke Xinyang (2015, Shenzhen)
Developer of microbial enzymes and small molecular
substances
CICC Capital, Aier Eye Hospital, Jiaxing Voyong
EARLY STAGE
Series B
TrunkTech (2017, Haidian)
Autonomous driving technologies for commercial
vehicles
BAIC, PreIPO Capital, Zhengzhou Investment Holding
EARLY STAGE
Series B
Sigma Data (2016, Suzhou)
Provider of industrial big data intelligence solutions
GSR Ventures,
EARLY STAGE
Series A
CellX (2020, Beijing, $4.3M)
Producer of meat products using cell culturing and 3D
bioprinting technologies
Better Bite
EARLY STAGE
Series A
comelogin.com (2015, )
Developer of IoT-based heating and energy
management systems
CHUANGXIN, Feifan Ventures, Peakview Capital
Investments
EARLY STAGE
Series B
SINGLOMICS (2020, Beijing)
Developer of therapeutics to treat infectious diseases
and cancer
MSA, Legend Capital, Founder H Fund, Sinopharm
Capital, Cash Capital, and 4 more
EARLY STAGE
Series B
Qinhao Pharmaceutical (2014, Suzhou, $31.3M)
Developer of small-molecule therapeutics for tumor
and fibrosis
Linkage Ventures, Legend Star, Guohai Innovation
Capital Investment Management,
EARLY STAGE
Series B
Shenzhen Sincevision Technology (2014,
Nanshan)
Provider of AI and time-of-flight technology-based
industrial 3D cameras
Matrix Partners, Hillhouse
EARLY STAGE
Series B
BETA (2012, Shanghai)
Online data intelligence platform for wealth
institutions and fund managers
SoftBank Ventures Asia, SIG, Lightspeed China Partners

11
EARLY STAGE
Series A
Cygnusemi (2020, Shanghai)
Provider of analog chips for 5G connections
Matrix Partners China, Wofo Capital, Huajin Capital, GP
Capital, Hengtong Optoelectronics, and 7 more
EARLY STAGE
Series B
Tec-Do (2008, Tianhe)
Cloud-based analytics solution for retail and e-
commerce
Eastern Bell Venture Capital
EARLY STAGE
Series A
Suzhou Pangolin Robot (2004, Kunshan)
Develops mobile humanoid service robots for
commercial establishments
EARLY STAGE
Series B
ZiFiSense (2013, Shanghai, $11.4M)
Provider of Low Powered Wide Area network solutions
for IoT applications
Lenovo, , Sinochem, SCG
EARLY STAGE
Series A
Muchuang (2019, Wuxi, $15.4M)
Provider of network and security processors
China Electricity Research Investment Fund,
Dekaiyuantai, Qingkong Ginkgo Venture Capital
Management, Grit
EARLY STAGE
Series A
BeLead Sensor (2015, Wuhan)
Manufacturer of multi-parametric sensors
Tianfeng Tianrui
EARLY STAGE
Series A
Beijing Zhongke Yuandongli Technology (2018,
Beijing)
Manufacturer of AI-driven agricultural machinery
China Creation Ventures, Delian Capital, Vertex
Ventures China
EARLY STAGE
Series A
Shanghai Penghai Laixun Data Technology
(2014, Xuhui)
AI-based hospital management system for providers
BlueRun Ventures, Yunqi Partners, Legend Star,
Pegasus Group, Bojiang Capital
EARLY STAGE
Series A
Chilye (2010, Suzhou)
Technology solutions provider for electric vehicles
Xiaomi, Yuanhe Holdings, Yonghua Capital

12
SEED STAGE
$1.6M - Angel
Anysafe (2021, Shenzhen, $1.6M)
Provides private cloud data security products
Shenzhen Eastern Investment
SEED STAGE
$2.0M - Seed
Karmaverse (2021, Beijing, $8.0M)
, YGGSEA
SEED STAGE
$6.8M - Seed
NFTGO (2020, , $6.8M)
Online marketplace for multiple NFTs
Qiming Venture Partners, Mask Network, , Circle, , and
3 more
SEED STAGE
Seed
Yanhuang Data (2019, )
Cloud based platform offering a suite of big data
solutions
, BlueRun Ventures
SEED STAGE
Seed
Zhongzhiwei Technology (2015, Nanjing)
Provides AI driven cyber security solutions
WINREAL INVESTMENT, Chunchuang Investment
SEED STAGE
Seed
Yongan Online (2005, Shenzhen)
Anti-Fraud solutions provider
GSR Ventures
SEED STAGE
Seed
Maiyan Intelligence (2021, Haidian)
Manufacturer of a vacuum cleaning robot for homes
and offices
Glory Ventures, Yarui Capital
SEED STAGE
Angel
Maiyan Intelligence (2021, Haidian)
Manufacturer of a vacuum cleaning robot for homes
and offices
Glory Ventures, Yarui Capital
SEED STAGE
Seed
gotin (2020, Beijing)
Platform offering software to create online events
Hill House ventures, Picus Capital, GSR Ventures

13
SEED STAGE
Angel
Newme (2020, Shanghai)
Online retailer offering multi-category products
Meridian Capital China
SEED STAGE
Seed
Urtopia (2021, Wan Chai)
Manufacturer of electric bicycles
DCM Ventures, Lightspeed China Partners
SEED STAGE
Angel
Carbon Balance Technology (2021, Shanghai)
AI and blockchain-based platform for carbon emission
management
Yuanhe Holdings
SEED STAGE
Seed
Lingyi Bio (2021, Shanghai)
Developer of gene therapies to treat rare diseases
Sequoia China, Matrix Partners China
SEED STAGE
Seed
JGene Biotechnology (2021, Shenzhen)
Developer gene and cell therapies for tumor treatment
Hechuang Capital, Yifeng Capital
SEED STAGE
Seed
Shanghai Geometry Partner Intelligent Driving
(2017, Pudong, $9.0M)
Provider of AI-enabled sensors for navigation of
autonomous vehicles
Boyuan Capital
SEED STAGE
Seed
CellOrigin (2021, Hangzhou)
Developer of immune cell therapies for the treatment
of cancer
Jifeng Ventures,
SEED STAGE
Seed
Euler Intelligence (2020, Haidian)
Provider of an opensource based cognitive intelligence
platform for semantic analytics
Global Founders Capital, TusStar, Fangxin Capital
SEED STAGE
Seed
Nanjing Xinrui Regenerative Medicine
Technology (2019, Nanjing)
Provider of stem cells and cell reprogramming platform
to treat multiple diseases
Sequoia China, Oceanpine

14
SEED STAGE
Seed
Hangzhou Xiaodao Technology (2014, Hangzhou)
Cloud based platform offering cyber risk and
vulnerability assessment solutions
SEED STAGE
Seed
Beijing Maicong Software (2020, )
Cloud based platform offering relational SQL solutions
Iheima,
SEED STAGE
Seed
Voxeldance (2019, Shanghai)
Provider of data preparation software for additive
manufacturing
Xingfu Capital
SEED STAGE
Seed
Quantum Industrial (2016, Shanghai)
Developer of smart devices to manage pregnancy
Volcanics Venture
SEED STAGE
Seed
Manbasemi (2021, Suzhou)
Manufacturer of diversified analogue and mixed-signal
chips
Yuanhe Holdings, , Debi Investment

New Investors (1/2)
List of New Investors in China Tech in February 2022
China Tech: List of New Investors
15
Investor Company Info Round Amount Round Name
truarrow.com
7 portfolio companies | Limited information available
Amber Group
Crypto-based financial solutions provider
$200M Series B
seaxventures.com
1 portfolio companies |
NFTGO
Online marketplace for multiple NFTs
$6.75M Seed
sinosincapital.net
Sixents Technology
Provider of high-precision positioning products and services for
autonomous driving
$98.13M Series B
OKX
11 portfolio companies | Financial services platform offering trading and wallet
Karmaverse
$6.00M Series A
kunlun-cap.com
CellOrigin
Developer of immune cell therapies for the treatment of cancer
Undisclosed Seed
Sinochem
ZiFiSense
Provider of Low Powered Wide Area network solutions for IoT
applications
Undisclosed Series B
chiponeic.com
Beijing Silang Technology
Provider of microprocessors
$100M Series C
Whalerock Industries
1 portfolio companies | Independent media & technology company
SaaS-driven expense & reimbursement management solutions for
businesses
$140M Series C
suzhou.gov.cn
2 portfolio companies | Operator of k-12 schools
Manbasemi
Manufacturer of diversified analogue and mixed-signal chips
Undisclosed Seed
L2Y
1 portfolio companies | NFT-based data platform for digital games
Karmaverse
$6.00M Series A

New Investors (2/2)
List of New Investors in China Tech in February 2022
China Tech: List of New Investors
16
Investor Company Info Round Amount Round Name
Tianfeng Tianrui
3 portfolio companies | Private equity fund
BeLead Sensor
Manufacturer of multi-parametric sensors
Undisclosed Series A
MyAsiaVc
7 portfolio companies | Venture capital fund investing in early stage startups
BNV
Provider of NFT based solutions for fashion brands and designers
$4.00M Series A
K3
1 portfolio companies | Venture capital firm focused on web 3
BNV
Provider of NFT based solutions for fashion brands and designers
$4.00M Series A
Dekaiyuantai
Muchuang
Provider of network and security processors
Farquhar Venture Capital
5 portfolio companies | Venture capital firm investing in tech sectors
StockViva
Technical analysis platform for stock trading
$3.00M Series A
Beijing Yuanhui
TacSense
$15.82M Series B
yuandu
TacSense
$15.82M Series B
JunHe
1 portfolio companies | Provider of tax law, intellectual property services
Zhejiang Dekang Medical Equipment
Developer of orthopedic implants and surgical technology systems
$78.98M Series B
gffm.com
3 portfolio companies | Provider of financial management services
Nanjing Yunjiafang Network Technology
SaaS-based accounting software
$100M Series E
Hengtong Optoelectronics
1 portfolio companies | Provider of fiber optic communication products
Cygnusemi
Provider of analog chips for 5G connections

Top Funded Business Models - last 1 year
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1
year.
17
Rank Business Model $ Funding # Rounds Top Funding Round
1 ▲27 Autonomous Cars $2.0B 19 Momenta | $500M | Series C
2 ▲8 Automotive SoC $1.9B 6 Horizon Robot.. | $1.5B | Series C
3 ▲2 Drugs for Multiple Cancer Types $1.3B 48 EpimAb Biothe.. | $120M | Series C
4 ▼-2 Electric Car Manufacturers $1.1B 5 Leap Motor | $694M | Series C
5 ▼-4 B2C Fruits and Vegetables Group Buying Platforms $1.1B 2 Beijing Shihu.. | $750M | Series D
6 ▲9 SoC IoT $831M 9 Unisoc | $815M | Series E
7 ▲1 Car Ride Hailing $589M 1 Cao Cao Car | $589M | Series B
8 ▲39 B2B Remittance $548M 6 Airwallex | $200M | Series E
9 ▲35 Fuel Station Management Software $538M 4 Newlink Group | $314M | Series E
10 ▲303 Vacuum Cleaning Robots $536M 1 Dreame | $536M | Series C

New Analyst Picks (1/4)
Interesting Companies identified by Analysts in China Tech in February 2022
China Tech: Analyst Picks
18
Upgraded to UNICORN
G7 (2006, Haidian, $30.0M, Series A)
Provider of AI-based fleet management software
SDIC, Trustbridge Partners, GLP and 15 other Investors
Upgraded to UNICORN
Debeijin Service Technology (2016, Beijing,
$36.0M, Series B)
SaaS-driven expense & reimbursement management
solutions for businesses
DST Global, Hillhouse Capital Group, Ribbit Capital and
15 other Investors
Upgraded to SOONICORN
Taichi Graphics (2021, Beijing, $50.0M, Series A)
Platform offering domain specific programming
language
Source Capital, GGV Capital, BAI Capital and 2 other
Investors
Hangzhou Guanyuan Data (2016, Xuhui,
Undisclosed, Seed)
Big data and business intelligence solutions for
multiple industries
Linear Venture, Sequoia China, Unicorn Capital
Partners and 4 other Investors
Feng1 (2006, Guangdong, $47.2M, Series A)
Platform offering semi-autonomous vending machine
CICC Capital,SoftBank Ventures Asia,Shenzhen Capital
Groupand
Sixents Technology (2018, Haidian, $98.1M, Series
B)
Provider of high-precision positioning products and
HBD (2013, Zhongshan, $60.0M, Series A)
Manufacturer of selective laser melting technology-
based 3D metal printers
Qianhai Ark Asset Management,Grand Flight
Investment,eand
Zhejiang Dekang Medical Equipment (2015,
Jiaxing, $79.0M, Series B)
Developer of orthopedic implants and surgical
technology systems
,Zhejiang Haibang Investment Management,JunHeand

19
Upgraded to MINICORN
Haizhi BDP (2013, Beijing, $10.0M, Series B)
Big data visualization platform for enterprises
China Internet Investment Fund, ICG, Hillhouse and 11
other Investors
Karmaverse (2021, Beijing, $6.0M, Series A)
, Foresight Ventures, Polygon Studios and 11 other
Investors
SEER (2020, Shanghai, $15.0M, Series B)
Provider of a warehouse automation mobile robot
system for various industries
IDG Capital, Haolan Capital, SAIF Partners and 1 other
Investors
RoboCT Technology (2017, Hangzhou, Undisclosed,
Seed)
Developer of robotic rehabilitation devices for
orthopedic and neurology diseases
Poly Development Holdings, Anxin Securities, BlueRun
Ventures and 1 other Investors
Dowsure (2016, Pudong, Undisclosed, Seed)
Provider of insurance services to cross border business
Ventures Lab, SZQH, Plug and Play and 3 other
Investors
Langmai Medical (2012, Shanghai, $15.7M, Series B)
Developer of medical devices for orthopedic surgical
procedures
Decheng Capitaland
TacSense (2013, Shenzhen, $15.8M, Series B)
Wang Xiaochuan, Shenzhen Eastern Investment,
yuandu and 1 other Investors
Robit (2018, Haidian, $15.8M, Series B)
Provider of multiple professional service robots
Added to Editor's Pick
TR Lab (2009, Hong Kong, $4.2M, Series A)
Online platform for discovering & collecting NFT art
from artists
Pace Gallery, Adam Lindemann, Svetlana Kuzmicheva-
Uspenskaya and 17 other Investors
BNV (2021, Hong Kong, $4.0M, Series A)
Provider of NFT based solutions for fashion brands and
designers
Animocabrands, AngelHub, ArkStream and 10 other
Investors
Rangers Protocol (2021, Hong Kong, Undisclosed,
Seed)
Blockchain-based infrastructure for applications and
NFT support
Pantera Capital, Framework Ventures, Huobi and 5
other Investors
Avid (2014, Shanghai, Unfunded)
Publisher of casual mobile games

20
RootAnt (2013, Shanghai, $1.5M, Seed)
SaaS-based Investment platform to financial institution
Linear Ventureand
Woody Library (2017, Shenzhen, Undisclosed, Seed)
Subscription-based book sharing and rental platform
Zhibo Investment, Platinum Fei Kaitai Investment, Y
Combinator and 1 other Investors
Lidow (2020, Beijing, Unfunded)
App-based platform offering collage creation solutions
Eahison (2009, Foshan, $1.5M, Seed)
Provider of Wireless antennas provider
Qingkong Ginkgo Venture Capital Managementand
Kinguin (2013, Hong Kong, Unfunded)
E-commerce platform for in-virtual game assets
Ignite Groupand
Sigma Data (2016, Suzhou, Undisclosed, Series A)
Provider of industrial big data intelligence solutions
GSR Ventures,,Suzhou Guofa Venture Capital
Holdingsand
Wuxi Ebaike Technology (2016, Wuxi, $2.9M,
Seed)
Developer of electric-bike sharing services
Qingdao Changsheng Oriental Industrial Groupand
Turing Robot (2010, Haidian, Unfunded)
Provider of low-code chatbot development platform
for enterprises
Rushan Capitaland
Xiaoxian (2015, Shenzhen, $2.9M, Series A)
Brand of stew products for mothers (especially during
pregnancy and lactation)
Mooncherry,Hexiang Capitaland
912688.com (2013, Hangzhou, $1.5M, Seed)
Online B2B marketplace
Bit Store (2020, Unfunded)
Global social cryptocurrency investment platform
YiKaoChaCha (2015, Wuhan, $1.4M, Angel)
Online community platform for art college students
and aspirant

21
Wuhan Xiaoan Technology (2015, Wuhan,
Undisclosed, Series A)
Provider of web-based fleet tracking solutions for
micro-mobility operators
Superfish AI (2017, Chaoyang, Unfunded)
Provider of AI-driven English language learning
solutions for schools to teach students
Amazon Web Servicesand
Lianbo Technology (2018, Chengdu, Unfunded)
Blockchain based platform offering big data analytics
solutions for the IT industry
Fangxin Capitaland
AIMSCAP (2015, Shenzhen, Unfunded)
Online foreign exchange trading platform
EaseSales (2013, Hong Kong, Unfunded)
Platform offering CRM software for enterprises
Hangzhou Weihong Technology (2012,
Hangzhou, Unfunded)
Cloud-based suite solutions for business process
management

IPO Date Company IPO Mcap Exchange Ticker
23 Feb 2022
Lepu Biopharma (2018, Shanghai, )
Developer of immunotherapies for cancer treatment
$1.6B HKG:2157
18 Feb 2022
Huitongda (2008, Nanjing, $994M)
Online B2B platform targeting electronic retailers in rural areas
$0.0B HKG:9878
IPOs
List of IPOs in China Tech in February 2022
China Tech: IPOs
22

Acquisitions
List of Acquisitions in China Tech in February 2022
China Tech: Acquisitions
23
Acq. Date Company Acquirer Deal Size
07 Feb 2022
Jiecheng Medical Technology(2009, Suzhou)
J-valve positioning heart valve implant system
Genesis MedTech
22 Feb 2022
TORA(2004, Hong Kong, $36.4M)
Trade life cycle solutions for asset managers
London Stock Exchange Group $325.0M

Recent News (1/2)
Recent News in China Tech in February 2022
China Tech:News
24
Exit News
.
● Alibaba Reports Slowest Revenue Growth Since Going Public as Competition
Bites Gadgets 360
.
● Volkswagen in talks with Huawei on autonomous driving unit Financial Post
.
● Crypto Custody Firm Fireblocks Acquires Payments Tech Platform First Digital
for Reported $100M Coinspeaker
.
● PE-backed Country Style Cooking, Tuhu file for HK listings Asian Venture Capital
Journal
.
● Employment Hero raises $181M AUD at $1.25B AUD valuation, acquires
KeyPay StartupLanes
.
● Rapyd Completes Acquisition of Neat, Expanding Suite of Cross Border Trade
Capabilities for Businesses PR Newswire
.
● ABB increases stake in Chinese EV charging provider Evertiq
.
● Tencent acquires 1C EntertainmentGamesIndustry
.
People News
.
● Didi to Slash Up to 20% of Jobs Before Hong Kong Listing Caixin Global
● Lenovo appoints Chandrika Jain as Marketing Director, India BestMediaInfo
.
● BAYZ appoints Gui Barbosa as Managing Director Esports Insider
.
● Airwallex: Adds two senior staffers to US team FinTechInShorts
.
● Chang Cheng, vice president of Xiaomi, resigned, and was sentenced to a fine
of 5 million yuan for leaving Len... shareandstocks.com
.
● Hello Pal Appoints Sean Prescott as Advisor CNW
.
Company News
.
● U.S. FDA Grants Orphan Drug Designation to BCMA CAR-T Cell Therapy Co-
Developed by IASO Bio and Innovent PR Newswire
.
● Eli Lilly, Innovent's PD-1 in troubled waters as FDA review, oncology chief's
comments portend likely rejection FiercePharma
.
● Legend's early-stage CAR-T on FDA hold after single patient dosed Fierce Biotech
.
● EV maker Nio is entering the smartphone business KrASIA

Recent News (2/2)
Recent News in China Tech in February 2022
China Tech:News
25
● Innovent's anti-cancer drug U.S. listing application is blocked, and clinical trials
must be supplementedshareandstocks.com
.
Regulatory News
.
● Indian tax authorities raid China’s Huawei, triggering protest from Beijing
Livemint
.
● US carriers ask the FCC for $5.6 billion to replace Huawei and ZTE equipment
Engadget
.
● Chinese Regulators Ask Banks to Check Ties With Ant Group PYMNTS.com
.
● Government opens consultation into Huawei switch-off following six month
Covid delay City A.M.
.
● China’s Weibo, Douyin delete thousands of posts over abuse of athletes The Star
Online
.
● UK government wants to move forward with implementing Huawei 5G ban
TechRadar

Explore more on Tracxn
Explore more about China Tech on Tracxn Platform
China Tech: Explore more on Tracxn Platform
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