China Digest: Zhuge.com, Calmcar, Weiyun Zhineng raise capital to expand ops

China Digest: Zhuge.com, Calmcar, Weiyun Zhineng raise capital to expand ops

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.

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