Eight Roads Ventures has led a $10-million pre-B round in KnowYourself (KY), a Beijing-based mental health content platform, the investor announced on Tuesday.
The startup will use the proceeds for business development.
Set up in 2016 by founder Zhuang Qian, KY seeks to promote mental well-being among the younger generation. With a matrix of platforms across WeChat, APP and online-to-offline community, it creates interactive content for over 10,000 users.
KY’s early-stage investors include state-backed Ping An Group’s investment arm Ping An Ventures, ZhenFund, and Yijin Yuhui Investment.
CHINA DEAL MONITOR
DealStreetAsia has also put together a table listing out all prominent venture capital transactions in the Greater China region from May 14 – 18, 2021.