China: Codoon raises $50m Series C; VR producer sets up $30m M&A fund

China: Codoon raises $50m Series C; VR producer sets up $30m M&A fund

Image from Shenlinqijing website

Chinese sports and wellness wearable devices and apps developer Codoon has completed a $50-million Series C round while listed virtual reality (VR) production firm Shenlinqijing has set up a $30-million M&A fund.

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