A little bit about the VC community every day
The third week of October was a busy one, and it was an exhausting one with 10 days of work in a row. 148 events took place last week, and although the number of these events was a quarterly low, there was no shortage of big big big big big big big (and not just a few). ; According to IT Orange statistics, there are 20 domestic financing more than 100 million yuan, of which there are 2 over 1 billion yuan, including TaiMed Medical, Chisun location.
In terms of industry distribution, healthcare was the industry with the most M&A events last week, with 37 events, accounting for 25%; enterprise services ranked second, with 33 M&A events, accounting for 22%; and finance ranked third, with 10 events, accounting for 22%.
Finance industry ranked third, with 10 financing and M&A events, accounting for 7% of the total.
It's fair to say that healthcare and enterprise services are the hotspots that have dominated the charts for the last half-decade. (Click here to see the previous weekly report→VIPKID receives US$150 million funding from Tencent; Jingdong acquires WeChat payment service provider Lehui 丨IT orange weekly report )
The subsectors that are most popular among investors in the last week are
Biotechnology and Pharmaceuticals , Medical Devices and Hardware, Healthcare Information Technology, Enterprise Security, Virtual Currency, Industry Information Technology Solutions, Medical Treatment, New Vehicle Manufacturing and Hardware, Food and Beverage, IT Infrastructure.
From the distribution of rounds, last week's Series A events accounted for a larger share of 53 cases, accounting for 36%; strategic investment ranked second, with 26 cases, accounting for 17%; and the B round of financing events ranked third, with 24 cases, accounting for about 16%.
In terms of regional distribution (new this week), as predicted by IT Orange, Beijing is still the most deserved "investment and financing highland", with 28 cases, and according to the calculation of 7 days a week, an average of 4 financing and M&A deals per day; Guangdong is second, with 14 cases; Guangdong is the second, with 14 cases; and Guangdong is the third, with 24 cases of Series B financing. Guangdong ranked second with 14 transactions, and Shanghai ranked third with 10 transactions.
In the last week, Tencent has made the most moves, while the other Internet giants have been left out for now.
Tencent led a 1.5 billion RMB Series E and Series E+ round of financing for TaiMed.
October 18th, TMC officially announced the completion of a total of 1.5 billion RMB in Series E and E+ financing. It was led by Tiger Global Fund and Tencent, and followed by Softbank China, Morningside Capital, Cavalcade Ventures, Saifu Investment Fund, Zheshang Venture Capital, and Ivy Capital.
TaiMed is a SaaS service provider in the pharmaceutical industry, with products covering clinical research, pharmacovigilance, and other areas, including MobileMD-EDC system, CTMS clinical trial program management system, and so on.
Tencent Cloud Acquires Cloud Service Provider CODING
Tencent Cloud recently completed the acquisition of CODING, a one-stop cloud-based software service platform.
Tencent invested in Invoice Child
Highlight Technology recently announced the completion of the B round of financing, the amount of financing more than 1 billion yuan, this round of financing by the old shareholders Tencent, CDH, together with the CIC Caijing, SZCIC jointly led by Tencent, Gao Tiles, Wanda, Pusi, IDG, and other original investors to follow up on the completion of the investment.
Invoice child is a full set of electronic invoice solution provider, focusing on providing users with electronic invoicing, preservation, reimbursement and other services, with invoice checking, aggregation and invoice business card management and other functions, now access to catering, hotels, offline retail, parking lots, e-commerce, etc., covering the life of consumers in a number of application scenarios.
Last week, the following investment and financing and important M&A events worth paying attention to were invested more than 100 million yuan:
Local Life
Baby Pet Foods Group recently announced the completion of a 500 million yuan Series B financing, which was funded by Junjun, a leading global pet food company. This round of financing was participated by Junlian Capital and the investment banking department of Industrial Bank of China. Taihe Capital acted as the exclusive financial advisor.
Behavioral Pets is a pet snack supplier, the products include dry food for dogs and cats, drying and freeze-dried snacks, canned wet food, chewing gums, teeth-cleaning bones and other categories, the product line is mainly McFoodie, wet nose, Behavioral Pets, and provide consumers with pet care guide and other related knowledge.
E-commerce
"Bag Master" announced the completion of nearly 100 million yuan of A+ round of financing led by Huaying Capital and followed by Jiu Chuang Capital, with Ming Xi Capital as the exclusive financial advisor. Bag Master is a luxury goods maintenance service platform. The company is committed to the mobile Internet + luxury after-market services, can provide private exclusive luxury care and a series of related services such as idle luxury trading, but also involved in the auction, fashion new media and other aspects of the business.
Recently, STAR APE Internet e-commerce shopping platform under Shenzhen Star Ape Blockchain Technology Co., Ltd. was invested by Chain Bean Capital, followed by about 100 million RMB strategic investment from well-known investment organizations such as Competition Capital and Chain Fir Capital, and reached a strategic partnership.
STAR APE is a blockchain Internet e-commerce shopping platform. STAR APE is a global labeled e-commerce platform based on the Star Residents Token (SRT) pass identity system, and is based on the F2C (Factory to Customer) factory direct-to-consumer model, and fused with the blockchain economic architecture empowered by the SRT pass identity + Internet e-commerce. The SRT pass identity + Internet e-commerce business model.
Real Estate Services
Little Fat Bear is an APP that provides a full range of auxiliary materials supply and delivery for the renovation industry, focusing on building materials B2B transactions. Recently announced that it has obtained 130 million yuan of B round of financing, led by Zhenghans Investment, followed by Yunqi Capital, Matrix Partners China continues to increase.
Tool software field
Chance location recently announced the completion of 1 billion yuan RMB A round of financing, the company valuation of more than 13 billion yuan. This round of financing was led by Shanghai International Group Asset Management Company Limited, ICBC Financial Assets Investment Company Limited, and China State-owned Capital Venture Capital Fund, and followed by Shanghai Guohe Investment, Yonghui Fund, Jinpu Pengyuan Fund, and Kunying Capital.
Chance Location is a joint venture between China National Armaments Industry Corporation (CNAMIC) and Alibaba Group. Through the integration and construction of the BeiDou Ground Enhancement National Network (GEN), Chance Location builds an open platform for location-based services based on satellite positioning, cloud computing, and big data technologies, and provides high-precision location-based services at the meter-to-centimeter level.
Hardware
Zhongwang announced the completion of the second round of financing of 140 million yuan, which was jointly led by Yida Capital and China Internet Investment Fund, with the participation of Guangdong Provident Fund, Yuexiu Industrial Investment, Yueke Group, Dachen Venture Capital and Aerospace Science and Industry.
SinoVision is a CAD/CAM solution provider, with self-developed products including SinoVision CAD, SinoVision CAD Mechanical Edition, SinoVision CAD Architecture Edition, and SinoVision 3D CAD/CAM, which is dedicated to helping users maximize the application benefits of genuine CAD/CAM software while solving the problem of genuine version at a reasonable cost.
The following companies were successfully listed:
Jingfeng Mingyuan, a virtual IDM analog and mixed-signal chip developer, was listed on the Shanghai Stock Exchange's Kechuan Board today, with the company's stock code: 688368, at an issue price of RMB 56.68 per share, and an issue price-to-earnings ratio of 46.9 times.
Koboda is a system solution provider of automotive intelligence and energy-saving components, always based on the market platform of the global automotive industry, focusing on automotive electronics and related products, technology research and development and industrialization, has successfully integrated into the global automotive electronics high-end industrial chain system, and is one of the few domestic brands that can be associated with the world's high-end automobiles.
GH Intelligence is a headphone equipment manufacturer, dedicated to the research and development and production of electro-acoustic products. Recently, it has been listed on the GEM board of the Shenzhen Stock Exchange.
List of all investment and financing events last week: