China: Shunwei, Hualian invest in Shansong; CASH Capital backs SpeedyCloud

China: Shunwei, Hualian invest in Shansong; CASH Capital backs SpeedyCloud

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Shansong Express raises a $50-million series C+ round led by Shunwei Capital and Hualian Group while CASH Capital leads a $14 million series B in SpeedyCloud.

Shunwei Capital, Hualian lead series C+ in Shansong Express

Beijing-based venture capital firm Shunwei Capital and Beijing Hualian Group have led a $50-million series C+ round in a Beijing-based inner-city logistics startup Shansong Express, reported the China Money Network.

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