The enterprise track surpassed the medical track cost investment focus, and the number of financial track financing increased. This week’s financing weekly report was released, please check it out.
Editor’s note: The Venture Capital Weekly is a new column, updated at 9:00 every Sunday, to comb the venture capital users for a week of venture capital hotspots, not to miss any venture capital dynamics that deserve attention. In the weekly report, we focus on new projects, new trends, and new ideas – the A round and the previous entrepreneurial projects, which are used to present the trend in the brewing. In the interesting and concentrated project, we are the unicorn candidates we think have potential. . The last part is the weekly selection of the venture capital circle. The venture capital circle is the venture circle of the venture capitalists who are creating a lot of dry goods & This week’s financing weekly report has been released, please check it!
Edit: Cheng Mu, CHUYI
One week venture capital hotspot
From August 11th to August 16th, a total of 41 financing events occurred this week, focusing on corporate services, medical health, hardware, and financial circuits. Compared with last week, this week’s financing incident was slightly reduced: the business service track received the most financing beyond the health care track this week, a total of 10; the health care track has 2 billion-level financing, a total of vote 8 pens; hardware and financial tracks have 5 financings this week, and the hardware race track has a loan of 80 million US dollars. According to the public information, the specific financing track and round distribution are as follows:
Important financing events
Car Traffic Track generated the largest amount of financing this week, smart new energy vehicle developer “ideal car completed a $530 million Series C round of financing, with a post-mortem valuation of $2.93 billion. In addition, Shandong Expressway “Xinlian Technology” was also favored by the employers, completing the A-round financing of RMB 280 million, led by Ant Financial, and Jin Yi Technology and Wanji Technology.
Entertainment Media Track, Network Q&A CommunityKnowledge” followed by the second largest financing this week, which was awarded a total of 434 million US dollars in F round. The employer is fast (leading), Baidu, Tencent, today’s capital, knows that the “old iron” has accelerated.
Enterprise Service Track, Smart Scene Service Provider “Tes Union” completed 2 billion Yuan C1 round of financing, and intends to use funds to upgrade products, accelerate the market of products.
Hardware Track, Automated Sorting Robot Developer “XYZ Robotics” (Xingzhe Technology) won the support of capital institutions such as Gaochun and Morningstar and was awarded US$80 million. The company hopes to use hand-eye coordination technology as its core, combining the team’s advantages in artificial intelligence, 3D perception and robotic control technology to provide visual picking robot products for logistics and industrial scenarios.
Medical and Health Areas, concentrated on two billion-level financing, namely: drug clinical research collaboration platform “Pharmaceutical Research Institute“After 300 million C rounds of financing; the mRNA drug platform “Spirit” has completed nearly A million yuan of Series A financing
Logistics Track, the digital multimodal transport logistics platform “delivery” was voted A million round of financing, this is also the fourth financing obtained within one year of “transporting goods”. Previously, the shipments were completed by 10 million yuan Pre-A+ round financing invested by Tongchuang Weiye and Zhenge Fund. The Million-dollar Pre-A round invested by Zhenge Fund and the tens of millions of RMB angels invested by Qifu Capital.
Important Venture News
The first domestic intelligent network joint highway officially closed test operation
On August 16, the intelligent network joint highway test base project invested and constructed by Qilu Transportation Development Group officially closed the test operation. Qilu Transportation Development Group relies on the renovation and expansion project of Binlai Expressway, and cooperates with Changan University, China Mobile, Huawei and other partners to carry out the intelligent, networked and digital transformation of the 26km high-speed road section reserved in the original site to build the first car facing in China. The road is coordinated with the real scene intelligent network joint highway test base.
The first 5G standard projects are expected to be released during the year
Pan Feng, Secretary-General of China Communications Standards Association, said at the 49th Plenary Session of the Wireless Communication Technology Working Committee that the first batch of 5G standard project drafts will be submitted for review in this plenary session, and is expected to be released within the year. The follow-up 5G standard projects will also be reviewed and submitted for review at the end of this year and the first half of next year.
It was learned from the Ministry of Industry and Information Technology that China’s basic network capacity has been significantly enhanced and the market scale of the Internet industry has grown rapidly. In the first half of 2019, the overall market size of the Internet industry increased by 17.9% year-on-year, and the driving effect of the top 100 enterprises in the industry was obvious. Ministry of Industry and Information TechnologyZhang Feng, chief engineer, said that the Ministry of Industry and Information Technology will speed up the promotion of the Internet from the consumer sector to the production sector, and promote the in-depth integration of technologies such as cloud computing, big data and Internet of Things, and the real economy, especially the manufacturing industry, with a focus on promoting industrial Internet innovation and 5G applications. Promotion, digital transformation of manufacturing.
Aurora Big Data: Per capita app usage per day increased to 4.7 hours in the second quarter of 2019
It is learned that Aurora’s “2019 Mobile Internet Industry Data Research Report” shows that the number of domestic mobile Internet users increased by 3 million in the second quarter of 2019, and the netizen size in June was 1.134 billion. 56 models, the average daily usage of the App increased to 4.7 hours. In addition, in the first half of 2019, the short video category surpassed the online video category and became the second most popular app type for Internet users, accounting for second only to instant messaging.
It was learned that Fortune magazine released the list of the 100 fastest growing companies in 2019, assessing the performance of revenue, profit and stock returns for three consecutive years. Among them, Momo (first), Weibo (13th), Baozun e-commerce (42nd), Happy Age (48th), Auto House (50th), Sina (85th) ) on the list.
Interesting·Project Set
Staying a bird is a decoration procurement service company, committed to creating genuine materials and removing the middleVertical field platform for the price difference. Summarize the key words of “staying in the building of birds”: channel binding, worker effect, sinking market, resource integration. Beyond the “service provider network”, the “worker network” is the biggest core value in the business model of living in the building. In the initial stage of its establishment, the core business of building a bird was mainly for building materials sales and renovation. Through the construction of the bird platform, the owner can directly select the workers to customize the service. After the cooperation between the workers and the owners, they can recommend the local service providers to purchase the building materials. The workers and service providers will share the revenue of the building materials sales, and let the maximum profits be given to the workers to form a closed loop of business.
Locating home fitness, “Fiture” uses hardware + technology (AI) + content + service to create a high-end fitness experience for the whole family. After the user buys the device, he can enjoy a large amount of fitness content. Specifically, Fiture has two products that focus on resistance training. It is a device that can be hung on the wall like a wall-mounted TV. The screen can provide recording lessons or live lessons and user interaction. The content of the section focuses on freehand and class training. It is also a similar logic. A piece of equipment for wearing a mirror can turn the home into a small sports studio. Recently, “Fiture” announced the completion of the first round of financing of 6 million US dollars, the investor is Sequoia Capital China Fund.
“Shangyu” is a self-purchasing mid-market, procurement of SaaS applications and ancillary services to help large-scale customers with annual revenues of 1 billion to 100 billion to quickly build a dedicated Internet procurement platform to realize online procurement. Transparency and digital transformation to improve efficiency and reduce procurement costs. Purchasing SaaS applications include enterprise procurement malls, external collaborative networks, and network-wide sourcing, and provides matching functions such as settlement, reconciliation, electronic invoices, and data statistics to support one-stop supplier management and transactions. At this stage, Shangyue will first help enterprise customers to guide existing suppliers to enter their procurement malls, build collaborative networks, solve the problem of digitalization of non-production materials procurement, and collaborative onlineization of enterprise and supplier transactions. Next, Shangyue will join the whole network to find source procurement and business opportunity matching functions to help companies expand new suppliers and optimize the supply chain. Established less than October, recently, Shangyue announced that it has completed the Pre-A round of RMB 58 million financing.
Beast Life is a low-carbon water health management brand and advocates a healthy lifestyle with low-carbon water. At present, there are two brands under the Beast Life: “Ideal Fuel” for the core fat-reducing and fitness people, mainly anti-ballistic coffee, Functional foods such as energy bars and dietary fiber supplements; last year’s “Don’t Lose Sugar” series, for the masses who are pursuing healthy eating, have no sugar conversion on high-starch and high-sugar staple foods and snacks. According to the data provided by the company, the current monthly GMV is nearly 10 million yuan, a year-on-year increase of 430%. It is estimated that the annual revenue in 2019 will exceed 100 million yuan. Recently, “Beast Life” has completed the first round of financing of 10 million yuan. It is understood that financing will be used for new product development, supply chain upgrades and marketing.
Wow travel, based on your location, through AR real-world search, identify and discover the travel inspiration around you, and dig deep into the historical context of each inspiration, past and present. Travel is no longer a sight, no longer a popular attraction, but simple, free, and temperature.
“myFlair Beauty Fan” (hereinafter referred to as “Mei Fan”) is a new luxury luxury jewelry brand in China. The price of the product ranges from 200 yuan to 1,000 yuan. It is currently on the line 30+ series, 500+ SKU. . “Mei Fan” has created the “infinite replacement” mode. Consumers can return the old jewelry to Mei Fan within 365 days after completing the initial purchase, regardless of the wear and tear of the old product, or even lose an earring. The original price deducted to buy a new jewelry, each time the new payment difference, and the service fee ranging from 59 yuan to 100 yuan. After the product has been refurbished, it will be put on the “Environmental Protection Zone” and sold at a special price. In July 2018, Mei Fan received a million-yuan angel round of financing from the number of innovative workshops. It is reported that a new round of financing has been opened.
Flash Horse Smart
Flash Horse Smart is a new generation of video big data enterprise with artificial intelligence as the core driving force. Founded in 2019, it was formerly known as “Seven Niuyun Artificial Intelligence Lab”. Based on massive video data, Flash Horse Smart Focus Big data on top of Video Anomaly Analysis and video analytics. Flash Horse Smart around the self-developed VisioThe nMind video intelligent big data platform has established a mature AI industrial system to achieve rapid iteration of algorithm models and rapid migration of various application scenarios.
Popular view of venture capital circle
Anonymous @财报看公司
The online demographic dividend peaked, and China Mobile Internet monthly users fell for the first time. On July 23, market agency QuestMobile released a report saying that in the second quarter of 2019, compared with the first quarter, monthly active users fell by nearly 2 million.
The data released by the National Bureau of Statistics in June showed that the per capita disposable income of rural residents was 1 percentage point higher than that of urban residents in 2018. At the same time, from the perspective of the increase in per capita consumption expenditure, rural residents are nearly 4 percentage points higher than urban residents.
In the third- and fourth-tier cities and the sinking market, users with “rich and idle” have strong consumption driving power. These users have low mortgage pressure, and the actual disposable income may be higher than that of first-tier cities; the pace of life is slow, and life quality and household consumption are more important.
胡闲鹤@
Others fear that I am greedy, others greedy my fears, and the recent operation of Gaochun Capital perfectly explains this classic rule of the stock investment market.
In 2019, the super unicorns in the field of travel were intensively listed, intensively broken, and the investment institutions collectively smashed, but Gaochun Capital once again played the role of the capital winter hunter, and bought a lot of Weilai in the second quarter. The shares of Tesla, Uber and other companies are worth nearly $900 million.
On August 14, Gaochun Capital submitted to the US Securities Exchange (SEC) for the second quarter of Postal Report (13F). According to the report, as of the end of the second quarter, Gaochun Capital held a total of 58 US companies with a total market capitalization of US$7.606 billion (53.4 billion yuan), an increase of over US$1.6 billion based on US$5.987 billion at the end of the first quarter. (11.2 billion yuan), an increase of 27% from the previous month.
→The front line | The depressed travel company, the “greedy” sorghum
Ros super channel@
Byte hopping search has a lot of ambition, claiming to “create a new search engine.” The search engine industry has always had the “next-generation search engine”. Facebook originally wanted to build a next-generation search based on social network-based Graph Search. The idea is that “friends pay attention to what I want”, and later proved that this logic is wrong. The mobile Internet is in the ascendant. The industry believes that mobile search will be “next generation search”, combined with voice, vision and location. After the rise of AI, intelligent voice assistants are highly anticipated. Google, Amazon, Baidu and Ali are all making smart speakers. The essence is to be a smart assistant.
“Conversational Q&A” is seen as the future of search engines, but it takes a long time to replace the current search with a full-scale alternative to the current search. At the moment, the mainstream form of search is still the search box, and the rest is complementary. Will the “new search engine” that jumps in bytes jump in the search form that appears in it? I don’t think so.
Peng Qian@
The emergence of new stores and new categories of goods is a core source of revenue growth. The net income of Q2 products was 870 million yuan, a surge of 689.4% over the same period last year. Among them, the sales volume of beverages increased rapidly, from 13.07 million cups as of March 31 this year to 21.05 million cups as of June 30, an increase of 61%. This is related to the new sales volume brought about by the opening of new stores and new products such as Xiaolu Tea. In addition, sales of light food and other products increased significantly, reaching 210 million yuan, accounting for 24% of product revenue.
From the data given in the financial statements, Ruixing’s product structure is improving and gradually diversifying. The categories other than coffee such as tea and light food are occupying more and more shares. Reinout Schakel, CFO and Chief Strategy Officer of Ruixing, also revealed at the earnings conference call that by the end of this year, Ruixin’s coffee and other products will account for nearly five to five percent of the revenue, citing tea and light food. Other products will become more and more popular.
→Focus Analysis 丨 Takeaway Coffee? Is it time to refresh the understanding of Ruixing?
Siqi, Chengmu each @Pro
“Traffic” is an issue that cannot be circumvented by current consumer brands. Hankou No. 2 Factory is no exception.
Although there is a “net red gene” at birth, “net red” means that there is enough attention, which is the first step for the product to have the opportunity to go to the market.It also implies the risk of limited life cycle and unsustainable brand potential. So Kimi told me that in the recent past, “going to the Internet” has been the goal of the team.
The “going to the net red” of Hankou No. 2 Factory is more about how to strengthen its product strength. This is not contradictory to the “flow anxiety” of the new brands. After all, the new consumer brands are different from the traditional giants. One thing is that you can quickly find your own precise crowd and “smartly” use some “leverage” to complete the user conversion of cost.
→New Jinhong Red Drink, annual sales of nearly 300 million, “Hankou No. 2 Factory” birth record (original first published in “Pro” WeChat public account)