Chinese investment firm CMC Capital has invested Rmb100 million ($14.47 million) in the Series B funding round of Neobio Family Park, a Hangzhou-based operator of parent-child activity centers in China, the firm said in an announcement.
Founded in 2015, Neobio’s indoor parks emphasise on parent-child interaction, with a range of fantasy-filled themes and activities. The centres are aimed at children aged 1-10 years, with activities such as game simulation, cooking, and reading.
