Fund Raising
Nio-backed 3D printing service provider closes new $55 million round of funding
WeNext received more than RMB 100 million in investment led by Nio Capital in late January.
WM Motor says it has raised $152 million in Series D2 funding
The financing was led by real estate developer Agile Property, bringing its total Series D funding to $457 million.
Nio completes at-the-market share offering, raises about $2 billion
This is higher than the $1.8 billion raised by Xpeng in its Hong Kong listing and the $1.5 billion raised by Li Auto in Hong Kong.
Nio-backed EV charging service provider Yunkuaichong secures investment from OPPO
Yunkuaichong closed the Series B3 funding round, two months after Series B2 funding from Nio Capital.
BYD closes private placement of additional shares in Hong Kong, securing $1.77 billion in funding
BYD's shares traded in Hong Kong rose 3.36 percent to HK$314.2 as of press time, and it is up about 26 percent in the past month.
Chinese self-driving unicorn Momenta closes over $1 billion in Series C funding
In 2017, Momenta received a $46 million Series B investment led by Nio Capital, the venture capital arm of Nio.
BYD aims to raise $1.77 billion by issuing 50 million additional shares in Hong Kong
BYD's offering price offers a discount of about 7 percent to Friday's closing price.
Nio taps China funding channels as its subsidiary issues $161 million in ABS
Nio's finance and leasing subsidiary marked the EV maker's debut in the Chinese capital market with a successful RMB 1.03 billion ABS issuance on the Shanghai Stock Exchange.
Chinese EV startup Neta closes Series D1 funding round of about $625 million
Qihoo 360, China's largest cybersecurity company, led the round with RMB 2 billion.
China's largest cybersecurity firm plans to invest $450 million in EV startup Neta
Qihoo 360's stake in Neta will reach 16.59 percent, making it the second-largest shareholder after its management team.