Source Code leads round for China machinery rental business
China-based Zhongneng United, which rents out aerial work platforms that provide temporary access to inaccessible areas, has raised $50 million in Series B funding led by Source Code Capital.
Buhuo VC, which backed the company’s Series A last year, re-upped in this round. Founded in 2016, Zhongneng offers machinery rental services to corporate clients, predominantly in the construction...
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