Items that mention funding or deal size.
In a company announcement, student-founded EdTech platform Custodia Learn says it is in due diligence with a publicly listed Chinese education group at a US$5.4 million valuation, up from US$500,000 in January 2026. The buyer is under NDA and unnamed. The platform reports 19,063 registered users and 8,986 daily active sessions.
Denglin listed in Hong Kong on 10 November under Chapter 18C, raising about HK$1.415 billion, 35% of it for upgrading current GPU lines. It uses LPDDR instead of HBM for lower cost, power and supply-chain risk, targets enterprise private clouds and edge inference, and plans a first Minsky IV version in December.
JD.com said it completed a EUR 1.34 billion (US$1.5 billion) acquisition of a controlling stake in Ceconomy, owner of MediaMarkt and Saturn. With partner Convergenta, which keeps 25.3%, the two now hold 85.2%. Ceconomy runs over 1,000 stores in 11 European markets, is consolidated from 12 November and stays standalone. A UK outlet cites US$2.5 billion, which conflicts with China Daily.
Lingyi iTech said on the evening of 12 November that it will put RMB 816 million of cash into subsidiary Readore (Limin Da), subscribing RMB 4.37 million of new registered capital and raising its direct stake from 35% to 51%. Readore stays consolidated and an earlier voting-rights delegation ends. The unit makes AI-server liquid-cooling parts.
Youa Shares' plan to buy 100% of Shenzhen Shangyangtong was cleared on 12 November at RMB 1.58 billion, of which RMB 506 million is cash and the rest new shares, with up to RMB 550 million of supporting funds. Local media note the price is well below the target's last post-money valuation of RMB 5.08 billion. Planning began in November 2024.
The round was led by China Network Investment and Tsinghua-linked capital; the team follows a technical route that combines atom and photonic chips.
Founded in May 2026, the company's round was co-led by Jiyuan Capital and Matrix Partners China.
The BCI company recently completed a Pre-A round and then a Pre-A+ round.
Gasgoo reported on 10 November that Hefei's state assets regulator approved Hefei Construction Investment buying 96.18 million Gotion High-Tech shares, 5.30% of the company, from Volkswagen China at RMB 24.09 each, about RMB 2.32 billion, roughly 4% below the 5 November close. VW falls from 24.28% to 18.98% but stays the largest shareholder, citing its own business needs.
On the evening of 9 November Awinic said it is planning to buy all or part of Yutai Semiconductor's equity, a controlling stake, for shares and cash plus supporting funds. An intent agreement is signed and the deal may be a major restructuring. Trading halts from 10 November for up to 10 trading days. No price yet; Awinic's nine-month profit fell about 61%.
Per Huxiu's AI venture daily, Hefei Construction Investment, Huaqin Technology and Nexchip took part; it was the largest deal disclosed that day.
Investors include Xienuo Investment, Yonghua Capital and Greenland Group.
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