New Horizon leads $37m Series B in China AR toy maker
Neobear, a China-based company that develops interactive learning tools for children, has raised a RMB250 million ($37 million) Series B round of funding led by Chinese GP New Horizon Capital.
Existing investors including Qualcomm Ventures, GGV Capital and ZTE VC also participated. Neobear is a brand under Shanghai Young Zone Culture, which was established in 2009. The company rose to prominence...
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