China Deal Monitor: Addor Capital invests $15.5m in Pengda and more updates

China’s Zibo Pengda Environmental Production Technology Co., Ltd has raised 110 million yuan ($15.5 million) in its Series A round of financing from venture capital firm Addor Capital, according to an announcement.

Pengda, which is engaged in the business of environmental protection, was set up in 2012. It offers eco-friendly carbon material and purification products.

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