4Paradigm recently announced the completion of its USD 700 million Series D financing round. This round was led by Boyu Capital, Primavera Capital, and Hopu Investments, with followers including CDB Capital, China Reform Holdings, JIC TECH-INV, CSC Financ
GaiaWorks (the “Company”), a workforce management cloud service provider, announced that it has completed its RMB 500 million Series D1 financing round, led by GGV Capital. Tencent Holdings, EDBI, and Index Capital China also participated in the round. Previous shareholders Matrix Partners China also increased their holdings in the Company.
Beijing Megarobo Technologies Co., Ltd. (“Megarobo” or the “Company”) has recently completed a USD 30 million Series B financing round. This round of financing was led by Sinovation Ventures. Followers in the round included Liando Investment and existing shareholders Joy Capital and Robert Bosch Venture Capital. CEC Capital Group acted as the exclusive financial advisor of Megarobo in this transaction. Proceeds from this round will primarily be used to expand Megarobo’s core business, R&D efforts, the Company’s laboratory facilities, and to continue to build up the Company’s core capabilities in the field of life science automation.