
Hecom Receives $35M in Investment From Sequoia China and Weilai Qichuang
Hecom (Beijing) Technology Co., Ltd. recently announced it has secured 225 million yuan ($35.4 million) from Sequoia China and Weilai Qichuang.
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Hecom (Beijing) Technology Co., Ltd. recently announced it has secured 225 million yuan ($35.4 million) from Sequoia China and Weilai Qichuang.

Redu Xingxuan, a leading SaaS provider for Douyin e-commerce, announced on Thursday its recent completion of an A+ round of financing totaling one hundred million yuan ($15.69 million).

In last week’s VC news, direct-to-consumer e-commerce platform Cider bags $130 million for brand building, Xiaomi backs AI company Studio 51, Didi rival Caocao rakes in a massive $589 million round, and more.

Lingxing, a cross-border e-commerce SaaS service provider, announced on Wednesday that it had completed a round C financing worth RMB 280 million ($44 million) led by Xianghe Capital.

FlowUs, a one-stop digital information management SaaS software, announced on Tuesday that the company has obtained three consecutive rounds of financing worth tens of millions.

Shanghai Manjitech Information Technology Co., Ltd., a SaaS provider for medical education and training, completed A-round financing totaling nearly 100 million yuan ($15.68 million).

Chinese AI SaaS provider Megaview has completed a pre-A round of financing. The lead investor was Glory Ventures, with additional participation from existing shareholder GGV Capital.

EasyYa, a Chinese cross-border supply chain management services platform, announced on August 1 that it has completed a round B of financing worth several hundred million yuan.

Shoplazza, a global e-commerce online store SaaS platform, announced the closing of its $150 million Series C1 financing.

Chinese grocery e-commerce platform MissFresh announced Thursday a new $495-million funding round led by a fund under state-backed China International Capital Corporation.

Shenzhen ELS Technology Co., Ltd., a SaaS network platform based in China, announced on Thursday it has raised more than 100 million yuan ($15.8 million) in a C2 round of financing.

Inssent, a Beijing-based SaaS provider, has completed a series A+ round of financing garnering tens of millions of yuan, led by Poly Capital and an industrial fund.