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“Venture Channel” financing news, as well as early startup projects in various fields we are focusing on.

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Please check the Venture Capital Daily on March 18. The Venture Capital Daily includes the financing news reported by the Venture Capital Channel today, as well as early startup projects in various fields we are focusing on, enjoy ~

Business Services

Finance disclosure:

• Corporate group insurance platform “Insurance Geek” completed US $ 25 million in Series C financing, jointly led by SIG and Huaxing New Economic Fund >
  

  learned, “ Insurance Geek “officially announced the completion of $ 25 million in Series C financing by SIG (Hainer Asia Venture Capital Fund) and Huaxing New Economic Fund Jointly led the investment, Yuan Qi Capital served as the exclusive financial advisor to the financing. This round of financing will be used for talent introduction, market expansion and cooperative ecological construction.

  Insurance Geek was established in 2014, positioning enterprise employee insurance platforms, providing intelligent employee welfare insurance and health management solutions for enterprises through technological innovation … ( Click here for more )

  • ” RoadRunner Recycling “received US $ 28.6 million in Series C financing for the company’s waste recycling problem

    RoadRunner Recycling was founded in 2014 by CEO Graham Rihn and provides waste management services. Developed specifically for commercial recycling, it creates and manages end-to-end waste recycling solutions for large and small businesses. The solution uses proprietary data, market dynamics, and artificial intelligence and machine learning technologies to help client companies save costs, increase national recycling rates, and improve waste management service standards.

    Graham Rihn stated that “RoadRunner Recycling” has customized a recycling plan for each customer … ( Click here for more )

    • “HashiCorp”, which has been repeatedly bet by GGV, has received USD 175 million in Series E financing to develop multi-cloud program management and open source tools < / p>

      Recently, a US startup HashiCorp Announces $ 175 million in Series E Financing, led by Franklin Templeton Investments, T. Rowe Price, Geodesic Capital, and old shareholders GGV Capital, IVP, Mayfield, Redpoint Ventures, and True Ventures co-invested. The post-investment valuation is $ 5.1 billion. The financing is mainly used to develop multi-cloud infrastructure automation products for global customers.

      HashiCorp was established in 2012 and is headquarteredIn San Francisco, 85% of its employees work remotely across the globe. The company develops open source tools that support multi-cloud deployments. Its open source tools Vagrant, Packer, Terraform, Vault, Consul, and Nomad 10 million downloads per year …… ( For more, please click here )

      Car

      Project report:

      • Toyota ’s new actions in China: strategic cooperation with Momenta HD maps < / ul>

        Not long ago Toyota, which had just invested in Pony.ai (Xiao Ma Zhixing) , announced today that it Another domestic self-driving startup Momenta has reached a strategic cooperation: Momenta will provide Toyota with high-precision maps and update services based on camera vision technology, and promote the commercial implementation of Toyota’s automated map platform (AMP) in China.

        Momenta was founded in 2016. The company’s positioning is to develop the “autonomous driving brain”. The core technology is environment learning based on deep learning, high-precision maps and driving decision algorithms. … ( Click here for more )

        Industrial Internet

        Project report:

        • “Love Star”

          Aisida focuses on the R & D, design and manufacturing of lightweight structural institutions, functional institutions and new materials, and is committed to becoming an innovation leader in lightweight structural institutions and functional institutions in the aerospace field. The company provides partners with advanced technology, reliable quality and cost-optimized composite structure design, research and development and production services. It is positioned as a multi-industry composite material and structural component supplier and professional support service platform. Recently, the Pre-A + round of financing has been completed. This round of financing was led by the old shareholder Zhejiang University Lianchuang. Jiuyou Capital and Beijing Yiqiu Capital followed suit. The old shareholders Shen Venture Capital and Haihe Red Clay continued to make additional investments.

          Finance disclosure:

          • “Inspur Cloud” announced the completion of the Series C financing and will launch the listing of the science and technology board < / ul>

            Inspur Cloud announced on March 17th its online ecological partner conference that it has completed the Series C financing. The investors have not disclosed it yet. It is reported that the valuation of this round of financing exceeded 10 billion yuan. After the financing, Inspur will invest 1 billion yuan for the construction of the ecological circle, hoping to increase the scale of ecological partners to 6,500+, and train 5,000 Inspur cloud certified engineers. The company completed a Series B financing in July 2019 , with a post-investment valuation of 7 billion yuan, and it was also in July 2018 Received A round of financing from Blue Economic Zone Industrial Fund, Inspur Electronics, Zhongcai Capital, etc … ( Click here for more )

            Consumption

            Project report:

            • Fresh seafood is delivered directly to the doorstep, and “Little Monsters in the Sea” will be a seafood convenience store for inland residents < / li>

              The aquatic products market, especially the fresh aquatic products market, has great room for growth. Retailers are certainly not unfamiliar. A series of representative new species such as Hema Xiansheng, Super Species, 7fresh, etc., which were spawned in the early stages of new retail, are the common signature products that are directly harvested worldwide. “Catering” mode is to operate, that is, to choose live food in the store, to kill and cook on the spot.

              Little Monsters in the Sea is a community fresh retail format for vertical aquatic products, with products covering freshwaterAnd deep sea products, including more than 40 kinds of live SKUs including fish, shrimp, shellfish, crabs, etc., and more than 60 frozen SKUs. At the same time, it provides full transparent kitchen and seafood chef processing services … ( For more, please click here )

              • Under the “smell economy” 100 billion market, “AROMAG” must break through the high-end market with perfumes “catering to Chinese aesthetics”

                AROMAG, which was recently contacted by 36Kr, is a commercial perfume brand founded in 2017. It focuses on “to the world with oriental charm” and outputs “Chinese-style” high-end commercial perfumes to the market. Its star product “Song Yan Dai Mo” sells for 230 yuan / 15ml and sells 10,000 in a single year. The natural repurchase rate is 12%.

                According to Zeng Hong, founder of “AROMAG”, China’s perfume market has great potential. With the continuous upgrade of consumers’ “taste aesthetics”, Chinese perfume brands are attracting a golden period of development … ( Click here for more )

                Finance disclosure:

                • Sequoia Capital has completed more than 1.2 billion strategic investments in Junlebao Dairy

                  On March 17, Sequoia Capital China Fund’s strategic investment in Shijiazhuang Junlebao Dairy Co., Ltd. was officially completed, with an investment of more than 1.2 billion yuan, and became the company’s largest institutional shareholder with a 15.26% stake.

                  Junlebao was established in 1995 and has been focusing on the development of the dairy industry for 25 years, providing consumers with healthy, nutritious and safe dairy products. Through innovation-driven high-quality development strategies, Junlebao has become a leader in industry growth. In 2019, the sales of Junlebao Dairy Group increased by 25% year-on-year, ranking first among large-scale dairy companies. Among them, low-temperature yogurt grew against the trend, the industry’s fastest growth rate, and successfully created celebrities such as Junlebao rose cheese cheese yogurt, pure yogurt … ( Click here for more )

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