Chinese yogurt brand Simple Love raises $122m for supply chain upgrade

Chinese yogurt brand Simple Love raises $122m for supply chain upgrade

Chinese yogurt brand Simple Love has completed its Series B funding round at 800 million yuan ($122.5 million) as the startup plans to invest all the new proceeds in the construction of its modern pasture to enhance supply chain strengths.

Existing investors Matrix Partners China, BA Capital, CITIC Agri Fund and Maison Capital re-upped in the new round.

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