China Digest: Guoxiaomei raises $50m, Tunicorn Technology gets $37.8m, SchoolPal Online bags $15m

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.

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