The startup ecosystem in China is abuzz with action. While real estate information portal Zhuge.com and AI startup Calmcar raised around $14 million, respectively, Chinese industrial internet startup Weiyun Zhineng garnered a similar amount to expand its operation.
Sequoia backs properties information portal Zhuge.com
Chinese real estate information portal Zhuge.com has raised over RMB100 million ($14.10 million) in a Series C1 round of financing, led by Chinese investment firm Zero2IPO Group and Shanghai-based Beizeng Group.