Venture capitalist’s weekend selection – a week of venture capital news review, and some interesting “small stories”
Editor’s note: Venture Capital Weekly is a new column, updated every Sunday at 9:00, for venture capital Users sort out a hot spot for venture capital in a week, and don’t 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, which is the venture capitalist’s own circle of friends, which contains a lot of dry goods & deep thinking sharing. Since you see it here, please enjoy the following.
One week venture capital hotspot
From August 31 to September 6, a total of 54 financing events occurred this week, focusing on corporate services, healthcare, finance and education circuits. Compared with last week, overall, this week’s financing events returned to a steady heat, and the champion runner-up is still in the anti-cyclical medical track and counter-cyclical enterprise service track > Produced, in which corporate services ranked first with 12 financings, while medical health ranked second with 9 financings; other popular tracks, education has 6 financings this week, and the “financial prominence” financial circuit In the third place with heat.
In terms of financing rounds, the financing in this week was mostly concentrated between the angels and the A round. But the billion-level financing is still concentrated in the BC round and even the E-round enterprises, further supporting the primary market. The logical pop theory of the fund’s “insurance value assets”.
The large-scale financing is more dispersed this week, and it is distributed in many channels such as entertainment media, enterprise services, hardware, medical care, logistics, local life, education, and finance. According to the public information, the specific financing track and round distribution are as follows:
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Significant financing events
The Entertainment Media Circuit welcomed the biggest investment this week, “Netease Cloud Music” He was awarded a $700 million B+ round of financing, and the lead investor was “Alibaba.” Netease stressed that the company still enjoys control over NetEase cloud music after the financing. After the B round of financing to obtain “Baidu” investment, “Alibaba” also thrown an olive branch to “Netease Cloud Music”. The copyright issue has always been the embarrassment of “Netease Cloud Music”. Perhaps this “Ali” capital injection will enable Netease Cloud Music to break this shackle.
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In terms of corporate services, there are two financings of more than 100 million yuan: the first one from “Sales Easy” was approved by Tencent’s investment of 120 million US dollars. This is Tencent’s third investment in “Sales Easy” and its The amount is also the largest in the domestic CRM field.
In addition, the company’s 3D face detection technology developer “阜时科技” /a> The funded party favors and has a 100-yuan B round of financing.
Local Life Circuit, Community Group Buying Platform “Live Life< Span>” has completed a new round of financing of US$100 million. This round of financing was led by Junlian Capital.Tasman Asian Investment Fund (BAI), Yilian Capital, Tongcheng Capital and other investors have invested in this, which has become the fourth round of financing it has received this year. Comprehensive pet service and merchandise retail brand “Pet House Pet’em” announced To complete a new round of financing with a scale of nearly 100 million yuan, it is necessary to use the “service standardization” + “data tools” to transform the line. This round of financing is led by Shanghai, the financial and real estate background, and Panda Capital.
Financial Circuit, AI-based independent third-party risk control platform “Ice Jian Technology “Pre-C round of financing of 335 million yuan; “Internet + medical health” commercial insurance direct payment platform “ Lejo Health is a hybrid of financial and medical circuits. Its main business is to use Internet technology to connect directly to medical institutions, to build and operate a smart settlement platform for local health care committees and hospitals, and to provide health insurance users. After seeing a doctor, you can use one button on the mobile phone. Now the company has already won RMB 115 million in Series B financing. Similar to his business, he has reported “Nuohui Medical.
Healthy Health Track, in addition to the mixed “Healthy”, “Cloud Call Science and Technology, the basic medical industry Internet service platform “觅Health” also announced this week that it has completed the completion of the 220 million yuan Pre-B round of financing, this round of financing led by the public capital, the old shareholders of the creation partner capital (CCV), Boyuan Capital, Guokejia and Hetou.
Hardware track, nanomaterials application development technology company “Nofi Nano” and smart voice and machine AI interactive technology developer “silicon-based smart” such as vision has received a billion yuan or over 100 million yuan of RMB financing.
Logistics track, big ticket LTL network operation service provider “Gallen has received RMB financing of RMB 100 million and above, mainly for the upgrading of IT systems and the continued development of logistics parks.
Educational Track, Mathematical Thinking Enlightenment Education Brand “Pea Thinking” completed hundreds of millions of RMB B rounds Financing, the investor is New Oriental Group and New Oriental Industry Fund, Himalayan, DCM, Innovation Workshop and other institutions, “mathematical thinking” entered the head battle.
Important Venture News
Chen Xiongxiong, deputy director of the Ministry of Industry and Information Technology, said that the next step will be to grasp the opportunities of digitalization, networking and intelligent development, accelerate the deployment of 5G commercialization, and focus on promoting key applications such as integrated application, innovation-driven, security and open cooperation, and strive to build integrated development. New ecology, better serve the economic and social development.
The market for “artificial meat” is overrated, and analysts downgrade Beyond Meat
The US Davidson Investment Company said that investors overestimated the size of the plant-based “artificial meat” market, which may be smaller than the vegetable milk industry. As a result, the company lowered its Beyond Meat, the largest player in the “artificial meat” market, to a sell rating with a target price of $130.
Ministry of Education: Education App may not be embedded in commercials
On September 5th, the Ministry of Education held a press conference to interpret the “Opinions of the Ministry of Education and other eight departments on guiding and standardizing the healthy and orderly development of mobile Internet applications.” The Education App regulated by the Opinions can be broadly divided into three categories: market competition, teacher-student independent selection; school-enterprise cooperation, school organization and application; and school independent development and deployment. The Education App that requires a unified use of the Opinions shall not charge students and parents any fees, and shall not be embedded in commercial advertisements or games.
The Sensor Tower store intelligence platform announced the ranking of Chinese mobile game publishers in the global App Store and Google Play revenues in August 2019. In the list, 30 mobile game publishers in the world attracted more than 1.58 billion US dollars in August, and won the market share of 28% of the total global mobile game revenue, among which Tencent, Netease, Lilith, Sanqi Mutual Entertainment, Funga, Tianmeng Digital, Perfect World, Long Chuang Yue, Zilong, and Friends Tower are ranked in the top ten.
On the 93rd, China’s new generation of large-capacity automatic unmanned intelligent trains – the first train of Shanghai Rail Transit Line 14 was successfully launched in Nanjing. The train was developed by CRRC Nanjing Puzhen Vehicle Co., Ltd. It is a group of 8 A-type vehicles with a total length of 185.6 meters and a width of 3 meters. The seat is vertically arranged, the capacity of passengers is fixed, and the maximum passenger capacity is compared with the seat. The traditional trains arranged in the horizontal direction increased by 18% and 16% respectively.
Interesting·Project Set
Shark Bay Technology was founded in August 2018 as a technology company that develops and designs smart electric travel products. The company’s technical team was formed in 2014. Its core members are from the electric vehicle, communication electronics, shared travel and Internet industries. It has provided large-scale brand owners with software and hardware solutions for electric two-wheelers, including vehicle design and vehicle intelligent control system. , car networking platform services and user software.
At present, Shark Bay Technology has released a new brand “Blue Shark Smart Electric Motorcycle” and launched its first series of products, “Blue Shark Robor” intelligent electric motorcycle. The price of the standard version and the bare version of the bare car are respectively 9988 yuan and6988 yuan, the dual-electric cruising range is not less than 160 kilometers, and the standard version has a top speed of 80km/h.
Lighting mother is a knowledge-paid brand that pays attention to women’s growth. Its product line is divided into light-to-weight, ready-to-start group, main reading club (99 yuan), strength and starting group, improving inner energy, giving another departure. Opportunity docking (999 yuan) and the board of directors, supporting the mother’s entrepreneurship (3,999 yuan) three files, the current number of paid users reached 10,000!
For urban unemployed mothers, they need professional people to form a community, provide targeted courses, and give help and guidance for further departures. Therefore, the community that lights up the mother is designed around substantial improvement. The input of knowledge in the course part is only a small part, and the importance of contact and feedback is emphasized. From the data point of view, the current completion rate of the mother is about 60%, and the average person will listen to the course three times a day and do 30 minutes of practice.
On the channel, there are 25,340 WeChat applet tools for lighting mothers; about 150,000 community users; nearly 140,000 vibrato fans; and 90 partners in all parts of the country; online open classes over 100 The training camp has already opened 20 sessions; offline activities have exceeded 50 sessions; and the course distribution channels are around 10.
Bobby City is a youth-external education complex with a population of 0-100 years old, mainly providing quality teaching courses for children and seniors in the K13 stage.
Bobby City has 18 years of experience in teaching hardware design, equipment installation chain, etc., so in the design of teaching complex, design planning and equipment expenditures have better cost control.
There are currently two complexes in Suzhou, one of which opened in 17 years, with a revenue of 6.8 million in the first year and a daily flow of 1,000 children. It is expected to break even in two years.
Good night water comes from a company called Goodnight Technology. The ingredients of Goodnight Water are extracted from herbs, such as the same kind of jujube kernels, from rice, beans, kelp, etc.Γ-aminobutyric acid extracted from food, theanine extracted from fresh tea leaves, and the like. The current product is 100ML aluminum bottle, priced at 94.8 yuan a box, 6 bottles.
This sleep aid product does not forcibly shut down the body function, but increases the length of deep sleep in each sleep cycle, thereby improving sleep efficiency and achieving the effect of “sleeping 5 hours = sleeping 7 hours”. In terms of technology, the company cooperated with laboratories under the Ministry of Agriculture to jointly set up a good night sleep laboratory for product development and raw material testing. Currently, it has two invention patents.
The data provided by the company, the efficiency of paying user feedback at this stage is more than 65%, and the weekly repurchase rate is maintained at 20%. Good night water is sold online and offline channels, including Tmall, Jingdong, Xiaohongshu, Youzan, etc.; offline enters Ole, City Super and other supermarkets, and will enter the convenience store in East China in October this year. .
Mi Terro is an eco-friendly clothing brand made from waste milk. After taking the discarded milk from the milk farm, it is subjected to a series of steps such as fermentation, degreasing, alcoholization and protein removal to extract the protein material and then spun it into yarn. , according to a certain proportion and modal blend to become clothes. Mi Terro crowdfunded on the US crowdfunding site Kickstarter, completing $26,000 in crowdfunding in two hours, with supporters from more than 30 countries.
Because raw materials have milk, and the process is more complicated, it takes at least two and a half months from milk to finished products, because Mi Terro’s cost per piece of clothing is 2-3 times higher than that of fast fashion. About 4 T-shirts can be made. The retail price of a single piece of clothing is $59, and the price of the crowdfunding platform Kickstarter is around $41.
Xingyi was established at the end of 2017. It is a VR entertainment company. It cooperates with domestic and international high-quality entertainment content and IP parties to experience the venues under the floor. It is reported that Cyber Amuse, a large-scale VR venue under Xingyi, will open in Beijing in a few months.
In this venue, Xingyi and VR ZONE, the brand of Bandai Nanmeng Palace, Japan, introduced 13 VR experience games covering shooting, leisure and other categories. A multiplayer stand-alone interactive VR developed by XingyiThe game will also be available. The venue has been in preparation for 10 months and is located near Beijing Chaoyang Park, covering an area of 1,500 square meters. In addition to VR, there are supporting business modules such as catering and derivatives sales.
King Data is an Internet big data startup dedicated to providing neutral Internet financial data services and expanding into Internet integrity analysis services to provide data for Internet finance, banking, insurance, credit reporting, and other Internet applications. Product services such as collection, processing, and analysis.
The company is headquartered in Hangzhou. Since its development, more than 80% of the konjac technology team has technical backgrounds in computer engineering, communication, automation, data processing, etc., from big data, blockchain, data analysis, risk management, and solutions. Consulting, after-sales service and other technical and business development areas.
Popular view of venture capital circle
Xiagang Village Head @Pro
What is happening in the traditional retail industry? How to carry out digital upgrades in stores? What changes can the information construction bring to the enterprise? How do retail companies build their own private domain traffic?
Opening as technology CEO Yang Tong shared three major trends: the first is the development of Face ID; The second trend is the digital transformation of offline stores; The third trend is that offline brand marketing is increasingly focusing on product and effect.
→Smart Retail Insights: Digital, Strong Links, Private Domain Traffic | Pro·WISE Salon< /a>
Su Jianxun@
Ma Yun: “I don’t think there will be professionals with artificial intelligence in the future. People are often worried about work. I am worried about education. All the education systems teach children what to teach. The way to teach is mainly for the industrial age. I believe that machines will be smarter and smarter than people in the future. How can people do better, how can they become smarter and smarter? We should change the way we teach and change the content of teaching.
In the past, we focused on memory, but computers can be better than you remember, faster, you want to run faster, but machines can run faster than you. Human beings must be more creative and constructive. How can children be taught more creatively and constructively? I think this is the key to education. “…
MasK: “Speaking of neural connections, we can upload anything, any skill can be uploaded immediately. The current education is very low bandwidth and very slow, the lecture is the worst. When we predict the future, we have to make fewer mistakes. It’s also very difficult, and it’s not necessarily 99% wrong, but we often make a lot of mistakes. But we still have to try, don’t try, don’t try, adjust, adjust according to the errors predicted before.”
Shen @Pro
The admissions do not want to “left hand” down the “right hand”, and the brand positioning hopes to all return to the online school and hit the user’s mind. On the other hand, I am determined to fight a hard battle on the one hand, and on the other hand, I am still strategically groping forward.
For online players, grab a $100 million market value ticket and let go. As a good future for starting from the bottom line, this embarrassment is related to the development pattern of the next decade, so the challenges are even greater and the strategic decisions are more complicated.
→Good future “Backwaters”, the second half of the K12 online school
Cao Qian, Cecilia Xu@
Rui Xing can go today, nothing more than two points: differentiated competition, and barbaric expansion. This kind of play can occupy a certain market in a short period of time, and initially cultivates the user’s consumption habits. However, in the long run, with the follow-up of the old-fashioned coffee shop in the fast-moving store business, the drawbacks of Ruixing’s business model without higher barriers will gradually emerge. Once the user’s consumption habits are formed, it is likely to be lost and become other coffee. Brand users. Therefore, Rui Xing also needs to find new commercial barriers and continue to cultivate user loyalty.
In order to quickly occupy the market, Ruixing is constantly expanding its storefront and trying to pull new ones. With this high investment, the loss does last for a while, but at the same time it is the stage that the startup must go through at the beginning. As long as it can successfully cross this stage, Ruisheng can achieve profitability is not in the foreseeable future.
→Intelligence analysis 丨Rui Xing’s madness is left with reason
方婷,史圣园@
Although the VC investment team is hopeless, the “learning” of the startup by ZAO will not stop. Just like Zepeto’s bunch of face-lifting software, it’s not hard to guess that in the next few months, major app stores will be flooding into a lot of face-changing software.
ZAO’s relationship with Momo is not just as simple as equity. It is understood that this project is led by Tang Mo, CEO of Mo Mo, and was established after the Spring Festival in 2019. It belongs to the Momo Enterprise Development Department. This department focuses on the development of independent App. Hertz and Meet Album are the achievements of this department. In contrast, the Momo Innovation Business Unit is responsible for innovative attempts within the Momo Master App.
→ZAO for a day, are you tired?