Sequoia, Yunfeng lead $228m round for Chinese rice brand
Shiyuedaotian, a Chinese rice brand, has raised RMB1.45 billion ($228 million) in Series B funding led by Sequoia Capital China and Yunfeng Capital. CMC Group and Taihe Capital also took part, as did existing investor GenBridge Capital.
Including a RMB300 million Series A in 2020 led by GenBridge, Shiyuedaotian, has raised more capital than any other start-up in the basic food materials industry over the past five years, according to...
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