China Digest: Shaonian Dedao bags $30m; Jinmao Capital backs VionTech

Source: Avel Chuklanov/Unsplash

Shaonian Dedao has raised nearly 200 million yuan ($30 million) in a Series B round led by Vision Knight Capital, while Beijing Vion Technology has secured 100 million yuan ($14 million) in its Series C round from Zhong Huijin Capital and Jinmao Capital.

Shaonian Dedao nets $30m in Series B round

Shaonian Dedao, a subsidiary of Chinese knowledge and information sharing service provider Beijing Logicreation Information & Technology Co., Ltd, has gathered nearly 200 million yuan ($30 million) in its Series B round led by Vision Knight Capital and joined by Tsinghua Holdings’ Mooc-cn Education and Toutou Shidao Fund.

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