China Digest: Plum Ventures invests in two startups; CollegeDaily closes series A

Weights in a fitness studio/gym

Plum Ventures has led a pre-IPO round in Chinese drones developer MicroMultiCopter and invested in Crazybee Fitness’s pre-series A while CollegeDaily.cn has secured funding from Tencent, China Media Capital and HG Capital. Deals were reported by China Money Network.

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