A slew of Chinese firms have announced successful completion of funding rounds including Guoxiaomei that raised $50 million led by Vertex Ventures, Tunicorn Technology which secured $37.8 million from Cowin Capital and others, while Ant Financial led a $15 million funding round in SchoolPal Online.
Guoxiaomei raises $50 million led by Vertex Ventures
Guoxiaomei, a China-based cashier-free convenience store operator, has raised $50 million funding in its Series C round led by Vertex Ventures.