China industrial internet platform Xuelangyun raises $44m
Xuelangyun, a China-based industrial data service provider, has raised a Series B of CNY 300m (USD 44m) led by China Structural Reform Fund. Poly Capital and an intellectual property fund under Wuxi Guolian Development also participated.
The company received seed funding from Yinxinggu Capital in 2018, according to AVCJ Research. A pre-Series A of CNY 100m followed in 2019 featuring Mount Morning Capital and SDIC Venture Capital. Matrix...
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