China: Sequoia joins Series B of power bank firm Xiaodian; Bangsun raises $23m

China: Sequoia joins Series B of power bank firm Xiaodian; Bangsun raises $23m

Startups in China are creating a new craze in the power bank rental industry with the latest $50 million funding in Xiaodian Technology. Meanwhile, real-time financial risk management company Bangsun Technology has also snapped up $23 million in its Series B+ round.

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