China Digest: Cloudwise nets $24m; North Summit leads $5m round in Lingumi

China Digest: Cloudwise nets $24m; North Summit leads $5m round in Lingumi

Toby Mather, CEO of Lingumi, with some Lingumi learners at a family event in Taipei. Source: Visuals from his Medium post

Chinese corporate digital solutions provider Cloudwise has secured $24 million in a Series D+ round, while North Summit Capital, founded by former Alibaba Cloud chief scientist Min Wanli, has led a £4 million ($5 million) Series A round in London-based edtech platform Lingumi.

Digital solutions provider Cloudwise closes $24m Series D round

Cloudwise, a Chinese company providing digital solutions to enterprises, has secured $24 million in a Series D+ round of financing led by Greater China-focused investment firm Everest Venture Capital.

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