Sequoia-CMC sports fund backs China’s Supermonkey
Chinese fitness start-up Supermonkey has raised a Series C round of funding led by Jiansheng Sports Fund, a vehicle established by Sequoia Capital China and CMC Holdings.
Financial terms were not disclosed but local media reported the investment amounted to several hundred million renminbi. Existing investors Fosun RZ Capital, Arena Capital and Ventech China all re-upped....
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