The smart headphone, Vinci announces a tens of millions of dollars A round financing, led by SkyChee Ventures. After the financing, Vinci will release the highly acclaimed 1.5-generation smart headphone in China. And it is expected to launch two products in 2017.
New media advertising company, MicroDreams raised a $7M B round financing. The fundraising will be used in expanding SaaS services into more vertical areas. And building new business models in mobile social advertising.
The smart luggage, Bluesmart raises a $8.5M series A round. This funding will allow Bluesmart to bring new innovative travel products into the world, and to continue to expand the market presence around the globe.
Smart doorbell, Ring raises a $109 series D round. The funding comes from lead investor DFJ Growth, Goldman Sachs Investment Partners and Qualcomm Ventures. The company once again proved themselves in “hardware is hard” and continues to reduce crime across the world in neighborhoods.
HaHow announced seed round financing from Cherubic Ventures. The crowdfunding education platform provides online video courses ranging from language, coding, design to performance art.
Wish closed a $500 million round of investment. CEO Peter Szulczewski shared a perfect analogy for his e-commerce startup’s silent success.
Floship announces a $3.5 Million financing from Cherubic Ventures, Hong Kong’s Big Bloom and Empiricus Capital and China’s Regent Capital. Ardent Capital and Vectr Ventures led earlier investments. The funding will be used to add additional integrations and accelerate the development of algorithms that help optimize shipping rates.
TalkIQ launches with $7 million in initial funding and speech recognition software for sales, customer service and onboarding that the startup claims is 2x better than IBM Watson and 3x better than Google.
Bitmark announces $1.7m in a new seed funding round, led by Cherubic Ventures. The company is dedicated in Blockchain technology and adopts the technology into Intellectual Property Rights protection.
Hyperloop One raises $50 million in convertible-debt financing and hired Uber Technologies Inc.’s former chief financial officer. DP World Group of Dubai, one of the world’s largest ports operators, led the funding round.
Flexport raised a $65 million Series B to make freight forwarding programmable. CEO Ryan Petersen calls it “the SeamlessWeb of commerce.”
Petnet, which was founded in 2013, wants to take the uncertainty out of answering that question, and help pet owners be more confident about the fact that they’re helping their kitty or canine eat healthy.
Health2Sync announced today it has secured a $3 million Series A round led by WI Harper Group, with participation in the round by Cherubic Ventures, iSeed Ventures and SparkLabs Global Ventures. According to the company’s press release, Health2Sync will use the funding to continue product development and accelerate growth overseas in markets like Japan, China and Southeast Asia.
Instavest is a startup trying to turn investing — an activity most of us are used to doing privately — into a social activity. Today the startup announced they closed a $1.7 million seed round with participation from Y Combinator, Skype co-founder Jaan Tallinn, Cherubic Ventures and more.
AirHelp is raising $12 million in Series A funding from a group of investors, including Khosla Ventures and Evan Williams. AirHelp promises to get you money from airlines when you deserve it. And they’ve helped 900,000 customers so far — sometimes even filing lawsuits on their behalf.
The culinary video platform, HowLiving was founded by the famous food blogger Katie Hsieh in 2015. The platform shares recipes for quick meals, homemade baking, and cuisines for a family and contributes extensive knowledge through tailored videos, social media, and e-commerce.
Shimo raised tens of millions RMB from Hike Capital, Cherubic Ventures and UnityVC’s founding partner.
Paidy, a fintech company that makes it easier to buy online in Japan, has closed a $15 million Series B to grow its userbase and invest in new financial products.
The oversea shopping platform offers Chinese tourists real-time price comparison and discounts from famous shopping malls and duty-free stores in the world.
TaoShiJie has officially joined the Beauty Allied Group along with Meilishuo and Mogujie. The three giants combine community, content and e-commerce, providing a better shopping experience for women in China.
Althea, a startup that exports and sells Korean cosmetics to consumers in South East Asia, announced a $3.5M Series A funding. The company is founded by ex- Ticket Monster founder Frank Kang and Christopher Cynn. The site now has an estimated run rate of $10M.
Hyperloop Technologies is now rebranded as Hyperloop One. The company completed a successful test of propulsion system and also announced the completion of a $80M Series B investment from a group of prestigious investors such as 137 Ventures, Khosla Ventures, GE Ventures, and French Rail Way Company.
Cherubic Ventures’ founding partner, Matt Cheng has been selected once again as “40 Under 40 Investors” by CYZONE magazine in China.
Tezign announced Series A funding led by Sequoia China, with participation from Linear Venture and Integral Venture. Tezign is a platform that connects top design talents with small business and enterprises.
Uoolu announced Series A funding. The platform enables the 70 million middle class in China to invest in high-quality foreign real estate property, taking advantage of Chinese’ growing appetite of investing in oversea assets.
Microdreams has been officially listed in NEEQ in China. Its total revenue from January to August in 2015 was 58 million RMB.
Rental-car company Hertz made a $50 million strategic investment in Luxe, a San Francisco-based startup that makes it its job to handle the parking for you.
Parlio’s team could help Quora figure out how to encourage participation from people who might not necessarily have definitive answers to its questions. Making Quora more approachable for the average web surfer could boost view time and help Quora earn revenue once it starts showing ads.
With this partnership, Iichi implements a capital increase through third-party share increase with Pinkoi as the subscriber. As a result, Pinkoi becomes the top shareholder of Iichi, with Iichi CEO Kentaro Iinuma joining Pinkoi as a board member and named CEO of Pinkoi Japan.
Smart doorbell startup Ring has raised a further $61.2 million in a series C round led by Kleiner Perkins Caufield & Byers, with participation from existing investor Sir Richard Branson.
PowerCore, an online store offering smart toys, digital activation and merchandise solutions for games, has completed its seed round of funding of US$2 million. The investment came from 500 Startups, East Ventures, and Golden Gate Ventures, besides existing investor Cherubic Ventures.
Toss Lab, the parent company of Korea-based enterprise communication software JANDI, announced today it raised US$2.5 million from Qualcomm through its venture investment group Qualcomm Ventures, and HnAP, in December.
A sculptor by training, Bellabeat’s co-founder, Urska Srsen designs and markets wearable technology you actually want to wear. The female-focused company makes smart jewelry that tracks stress, activity—even menstrual cycles.
A-Li won the best Asian Property of the year 2015 on LIMA Asian Licensing Awards in Hong Kong.
Global athletic leader New Balance announced today at the International Consumer Electronics Show (CES) in Las Vegas a new division dedicated exclusively to connecting consumers with the technology they desire to improve their athletic performance. New Balance Digital Sport will focus on understanding, motivating and improving the lives of athletes through digital experiences and wearable technologies.