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Aozhe Raises RMB 200 Million in Series B+ Funding, Leading China's Low-Code Digital Transformation Sector
Low-code technology is becoming the core engine of enterprise digital transformation.
How to Break Through Innovation with the Power of Interdisciplinary Collaboration? | FreeS Fund Biomedical and Pharmaceutical Investment Summit Transcript
What should you do if you discover a mismatch between technology and market?
Warm congratulations to Yatsen Holding, parent company of Perfect Diary, on its successful NYSE listing | Gaorong Ventures News
It became the first U.S.-listed Chinese beauty stock, with Gaorong Ventures leading its early round and standing by it ever since.
GalaxySpace Completes New Funding Round to Accelerate China's Satellite Internet Development GalaxySpace has completed a new round of financing, accelerating the push to advance China's satellite internet construction. The company, a leading domestic player in the satellite internet sector, will use the fresh capital to ramp up its satellite production capabilities and expand its constellation deployment. The move comes as China races to build out its low-Earth orbit satellite infrastructure, positioning satellite internet as a critical piece of next-generation communications networks. The funding round underscores continued investor confidence in the commercial space sector despite a broader cooling in venture capital markets. GalaxySpace has now secured multiple rounds of financing since its founding, with backing from prominent institutional investors. China has identified satellite internet as a strategic priority, with state and private efforts converging to challenge the global dominance of SpaceX's Starlink. GalaxySpace is among a handful of domestic companies aiming to establish large-scale satellite constellations for broadband coverage.
Continue investing in satellite internet R&D and rapidly build low-cost, mass-production capabilities for next-generation internet satellites.
5Y News | PingCAP Closes $270 Million Series D, Setting a New Global Database Milestone
We believe this round of funding is only the beginning of our global expansion — a small step toward the future. The $100 billion global database market is our true north.
5Y News | GalaxySpace Closes New Funding Round, Becoming China's First Satellite Internet Unicorn
GalaxySpace, a leading satellite internet company, has closed its latest funding round at a post-money valuation of nearly RMB 8 billion.
5Y News｜Zilliz Raises $43 Million, Setting New Global Record for Series B in Open-Source Infrastructure Software
Zilliz announced the completion of a $43 million Series B funding round, with continued support from 5Y Capital.
Li Feng in Conversation with Academician Shao Feng: First In Class in China | Last 2 Days to Register
How can basic biomedical research better connect with industry?
Autonomous driving company Nuro announced a $500 million Series C funding round.
Apply world-class technology to improve people's everyday lives.
Chen Yaochang: World Factory + Social Media + Talent — More and More Global Brands Will Emerge from China | Ronghui
Over the next five years, we're bound to see more and more international consumer brands emerging from China.