Fund Raising

  • Nio's battery asset operator Mirattery completes expanded Series C funding

    Mirattery completed a Series C financing of nearly RMB 1 billion ($140 million), an expansion from the RMB 670 million announced in November.

  • Changan EV unit Deepal secures $874 million in Series C funding

    Deepal has brought in two new shareholders through this financing round, securing resources for its expansion.

  • Chinese autonomous driving startup Momenta files for Hong Kong IPO, report says

    Momenta has confidentially filed for a Hong Kong IPO, abandoning plans for a New York listing, according to Reuters.

  • Changan EV unit Avatr files for Hong Kong IPO

    Avatr is an EV brand jointly established by Changan, Huawei, and CATL, originally named Changan Nio.

  • Seres falls in Hong Kong stock market debut

    As of press time, Seres was down 4.79 percent in Hong Kong morning trading, with a market capitalization of HK$217 billion ($27.9 billion).

  • Nio's battery asset operator Mirattery closes $94.2 million Series C financing

    Beyond additional investment from founding shareholders, Mirattery has brought in two state-owned enterprises as shareholders.

  • Seres raises $1.8 billion in Hong Kong offering, trading to start Nov 5

    Seres priced its Hong Kong stock offering at HK$131.50 per share, the upper end of its range.

  • Seres passes listing hearing for Hong Kong listing

    Seres submitted its application for a Hong Kong listing in April, aiming to advance its global expansion and establish an international capital operation platform.

  • CATL closes $280 million first external funding round for skateboard chassis unit, report says

    Following the funding, CAIT-SH is valued at over RMB 10 billion, becoming the first unicorn in the skateboard chassis sector.

  • Chinese self-driving startup Momenta seeks funding at valuation exceeding $5 billion, report says

    If the funding goes ahead, it could help propel Momenta toward an eventual IPO.