China Venture Capital News

BEIJING, March 2 /PRNewswire-Asia/ — Prudent Energy Inc. the leading manufacturer of the Vanadium Redox Battery Energy Storage System (VRB-ESS), has raised approximately $22million in Series C preferred shares. Northern Light Venture Capital led the round, which also included new investor Se… Read more →

PPD, Inc. (Nasdaq: PPDI) today announced it has completed its acquisition of Excel PharmaStudies, Inc., the market leader and one of the largest contract research organizations in China. The acquisition strengthens PPD’s full range of drug development services in the country and positions it to c… Read more →

Peak Sport Products Co., Limited (HKEx Stock Code: 1968), together with its subsidiaries the “Group”), a well-known branded sportswear company in China, commenced trading on the Main Board of The Stock Exchange of Hong Kong limited (“HKEx”) today.

Credit Suisse (Hong Kong) Limited is the Sole … Read more →

BEIJING, Nov 06, 2008 (BUSINESS WIRE) — CERNET Koncept Ltd., the holder of exclusive rights to provide digital media services and advertising to China’s university students, have recently closed a US $6.5 million Series A round with Sequoia Capital to expand their next generation media services … Read more →

HONG KONG, Oct 22 (Reuters) – China’s Renhe Commercial Holdings Co Ltd rose 4.4 percent in its trading debut in Hong Kong on Wednesday in an IPO unlikely to inspire other listing hopefuls to venture into a global market that has all but shut to newcomers.

Renhe (1387.HK), which develops underg… Read more →

Beijing, China, August 1, 2008- CERNET Koncept, the holder of exclusive rights to provide digital media services and advertising to China’s university students, have recently closed a Series A round with Sequoia to expand their next generation services to Chinese Campus Channel and allow advertis… Read more →

SHANGHAI, June 23 /Xinhua-PRNewswire/ — Maxscend Technologies, a leading DTV/mobile DTV chip solution provider, announced that it raised $8M for its second round financing. The lead investor is Infotech Pacific Ventures. As a well-known early stage venture capital firm, Infotech has invested mor… Read more →

Dianping.com, a well-known Chinese restaurant directory and review website, has received its first-round funding from Sequoia Capital. Financial details of the investment were not disclosed. Zhang Tao, CEO of Dianping.com, said the Company would start the second-round financing in the third or fo… Read more →

Beijing Bihu Technology Co., Ltd. (Bihu) announced days ago that it secured US$10M from Sequoia Capital. This in-game advertising (IGA) deal followed that Shanda Entertainment invested In-game Media, Qiming Ventures invested Captiv8 and Focus Media acquired WonderAd.

Bihu was established by Li… Read more →

Last Friday, Sequoia Capital announced that it has partnered with Legend Capital to invest in Chinese tutoring service company Wanxue Education. The total investment was in the range of $10 million and the two investors will each receive approximately 10% stake of Wanxue. Founded in 2006, Wanxue … Read more →