China’s Lumi United raises $100m led by Grand Flight Investment

China’s Lumi United raises $100m led by Grand Flight Investment

A screenshot of an Aqara Smart Home Solution YouTube advertisement video

Lumi United, a Chinese smart home appliances and internet of things (IoT) solutions provider backed by Xiaomi, has secured $100 million in a Series B2 round of financing led by industry investment fund Grand Flight Investment.

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