Matrix Partners China has joined a $58-million series C financing round for AT Zuche while China-based IDG Capital, along with CreditEase New Finance Industrial Investment Fund, have invested RMB80 million ($11 million) in CreditEase Insurance Agency.
Matrix Partners China joins AT Zuche latest round
Matrix Partners China, affiliated-firm of US-based Matrix Partners, joined China Pacific Insurance, local private equity firm ChinaEquity Group, Beijing-based securities company CSC Financial, New York-based Hearst Ventures, Hangzhou Financial Investment Group, and Everbright Ivy Capital Investment in the latest round for AT Zuche, according to a report by the ChinaMoneyNetwork.
