China Digest: Aqrose, Mall Parking, SinoUnited Health, Daily Yoga, Yawlih raise funds

January 18, 2018

Startups Aqrose Technology, Mall Parking, SinoUnited Health Clinic, Daily Yoga and Yawlih Technology have secured fresh raise funds, reports the China Money Network.

Baidu Ventures, DCM China co-lead Aqrose Technology’s $8m Series A

Baidu Ventures and DCM China have co-led an $8-million Series A round in Aqrose Technology, a Chinese startup that applies machine vision and machine learning technology to industrial automation.

The funding round was also joined by Long Capital, Innoangel Fund, and Beijing Power Cloud Intelligent Venture Capital.

Aqrose Technology provides AI-based defect inspection system, 3D camera, and smart sorting system for industrial enterprises.

Mall Parking secures $12.5m Series B

Shenzhen-based smart parking system developer Mall Parking has secured $12.5 million in a Series B round led by Holdfound Group.

Mall Parking’s products include parking guidance system, reverse vehicle tracking system, and other parking service management systems.

Maison Capital invests $9.3m in SinoUnited Health Clinic

Maison Capital, a venture capital firm that specializes in early and growth stage investments, has invested $9.3 million in Shanghai-based SinoUnited Health Clinic as part of a Series A round.

SinoUnited Health Clinic is the first medical specialty centre in Shanghai to integrate all aspects of pain management.

Daily Yoga secures $9.4m

Chinese yoga training app Daily Yoga has secured $9.4 million Series A from Orchid Asia, an investment group with offices in Hong Kong, Shanghai, Beijing and Guangzhou.

Daily Yoga provides yoga classes and helps users keep records of practices.

Yawlih raises funds from Vision Plus Capital

Yawlih Technology, a Beijing-based medical data analysis services provider, has raised an undisclosed amount in a pre-A round from Vision Plus Capital.

Yawlih Technology helps medical professionals easily combine and find medical data from a variety of sources. The aggregated data is transformed and presented onto a customized interface for immediate use.