China renovation materials trading platform raises $400m
Chubby Bear, a Shanghai-based B2B platform that matches buyers with suppliers of renovation materials, has raised $400 million across two tranches of Series C funding.
CMC Group led the first tranche and SoftBank Vision Fund 2 led the extended tranche. Other investors include Matrix Partners China, Genesis Capital, Tencent Holdings, Hundreds Capital, Immensus Capital,...
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