Tencent, Sequoia lead $100m Series C in China's Smart Fabric

Tencent, Sequoia lead $100m Series C in China's Smart Fabric

Logos of Tencent are displayed at a news conference in Hong Kong, China March 22, 2017. REUTERS/Tyrone Siu

Smart Fabric, a startup providing internet-enabled solutions for the textile industry in China, has raised $100 million Series C funding round led by China’s internet giant Tencent Holdings and Sequoia Capital China, China Money Network reported.

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