China: Alibaba fund backs Kneron, HowLiving; Yunfeng Capital leads funding in ZMT

Kneron
Image: Kneron website

Alibaba Entrepreneurs Fund has led two separate funding rounds — in AI solutions provider Kneron and Taiwan’s cooking video website HowLiving — while private equity firm Yunfeng Capital, which was founded by Jack Ma, has led a $27-million Series B+ round in ZMT Zhongmeng, the China Money Network reported.

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