China: Gobi Partners, CPC lead $45m funding in 36Kr Media

A clerk counts Chinese yuan and U.S. dollar banknotes at a branch of Bank of China in Taiyuan

36Kr Media, a Chinese technology new media unit, has raised RMB300 million ($45 million) in a series A round of funding led by Chinese venture capital firm Gobi Partners and private equity fund China Prosperity Capital, CMN reported.

Other investors who participated in the round include Focus Media Information Technology, Hangzhou Finance Investment Group Co., Ltd. and Baidu Video, the report said. 36Kr Media was spun off from the parent group 36Kr (Operated by Beijing Xieli Zhucheng Finance Information) last year. The company had begun as a technology blog.

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