China petcare brand raises $31m
Chongxing, a Chinese petcare brand, has raised RMB200 million ($31 million) in a third tranche of Series B funding from Tencent Holdings, Hony Capital, HighLight Capital, Vertex Ventures China, and Meridian Capital.
In the past half-year, the company has secured close to RMB900 million, according to a statement. This includes a Series B of RMB200 million in December, an extended tranche of RMB400 million in May,...
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