Joy Capital backs Ehome Health and 23 more deal updates from Greater China

Joy Capital backs Ehome Health and 23 more deal updates from Greater China

Ehome Health, a point-of-care-testing (POCT) services provider for primary care, has secured its Series A round funding raising nearly $10 million, per a company statement on Tuesday. 

The fresh round was raised from Joy Capital, a TMT and new consumption-led fund that has invested in industry majors like Newlink, Nice Tuan, NIO, and Mobike. 

Ehome, set up in 2014, has offered novel POCT equipment and tools to over 20,000 primary care clinics.  The provider targets to cover more than 10,000 primary care units across the country in 2021. 

Ehome’s early-stage investors include Legend Holdings’ Legend Star, Purple Cow Startups, QF Capital, and Chengcun Investment. 

According to National Health Commission’s statistics, nearly 960,700 primary care clinics in the country need services such as the POCT. 

CHINA DEAL MONITOR

DealStreetAsia has also put together a table listing out all prominent venture capital transactions in the Greater China region from March 19 – 23, 2021. 

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StartupHeadquarterInvestment Size (USD)Investment StageLead Investor(s)Other Investor(s)Verticals
MomentaBeijing500 million-SAIC Motor,Toyota Motor, Bosch ROBG.UL, Temasek, YF CapitalShunwei Capital, GGV Capital, Tencent, Cathay Capital, Daimler AG DAIGn.DEAutonomous Driving
Newlink GroupBeijing200 millionEquity InvestmentBain CapitalJoy CapitalCleanTech
EpimAb BiotherapeuticsShanghai120 millionCCMB International (CMBI), Mirae Asset Financial GroupHony Capital, Cormorant Asset Management, Yanchuang Capital, Octagon Capital, ShangBay Capital, Adrian Cheng (Individual investor)-
Innoforce PharmaceuticalsHangzhou96 millionAYanchuang Capital, South China Venture CapitalQuan Capital N/A
Taishan BeerTaishan92 millionEquity Investment-CMC Capital N/A
Shanghai ZhenGe Biotechnology Shanghai70 millionBQiming Venture Partners, IDG CapitalCMB International, GP Capital, Cash Capital, Hangzhou Fulin Investmen, LYFE Capital, Guofang FOF, GT Capital N/A
NovoCodex Biopharmaceuticals Shaoxing62 millionAMatrixPartners China, Lilly Asia Ventures (LAV)Hangzhou Sanhua Hongdao Investment, CMG-SDIC Capital,N/A
WinnicssecBeijing46 millionDChina State-Owned Capital Venture CapitalPoly Huixin Fund Investment ManagementAI and Machine Learning
ForwardX RoboticsBeijing38 millionPre-CCDH Venture and Growth Capital (VGC), Eastern Bell Capital, Dehou Capital ZGC Group, Angel Around Capital Robotics & Drones
wenjuan.comShanghai28 millionC+IDG Capital, Qianhai FOF, CYTS Hongqi (Hengqin) Investment Oriza HoldingsResearch (Non-Medical)
Hangzhou Jianhai TechnologyHangzhou23 millionBSequoia Capital ChinaSource Code Capital, Sherpa Healthcare PartnerHealthTech
huan.TVGuangzhou* 15 millionCCMC Capital Partners' sub-fundYidun Fund, Besttone, New Alliance CapitalN/A
Wangjiadu FoodsMeishan15 millionA-Fosun Xingyuan Innovation Fund, Fanqie CapitalN/A
Youwei TechnologyShenzhen15 millionC++-Unicom CICC Capital, Oriental Fortune Capital, Qifu Guolong CapitalCleanTech
Xmirror Security Beijing15 millionATencent InvestmentSequoia Capital China AI and Machine Learning
Keythera PharmaceuticalsSuzhou15 millionA+Yijing CapitalDiyi Guanxi Investment, Qushi InvestmentN/A
hrfax.cnHangzhou15 millionBCo-win Capital-Fintech
Ehome HealthChangsha10 millionB-Joy CapitalHealthTech
ShowMeBugShenzhen* 1.5 millionPre-A-ZhenFundHR tech
Zhigui TechnologyXi An* 1.5 millionB-SAIF Partners China founder Yan YanBlockchain
apiseven.comShenzhen* 1 millionAShunwei CapitalZhenFundCloud Computing
SanliangBeijing* 1 millionPre-AIMO Ventures-N/A
MoodHangzhou* 1 millionAngelPlum Ventures-Social Media
Fova EnergyBeijing* 1 millionAngel+-Shunwei CapitalElectric/Hybrid Vechicles