China Digest: Big data solutions provider WakeData nets $10m; Sinovation backs Wedeng

China Digest: Big data solutions provider WakeData nets $10m; Sinovation backs Wedeng

Photo by Jordan Harrison on Unsplash

Big data startup WakeData has closed a $10 million Series B round funding jointly led by Sequoia Capital China and Redpoint China Ventures. In a separate development, healthcare supply chain platform Nanjing Wedeng Medical has secured 100 million yuan ($14 million) in funding from Sinovation Ventures.

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