China pool cleaning robot start-up gets $29m angel round
GL Ventures, Shunwei Capital, and Source Code Capital have participated in a CNY 200m (USD 29m) angel round for Xingmai Innovation, a China-based developer of robots that clean swimming pools.
Other investors in the round include Yunmu Capital and Suzhou-based Wuzhong Financial Holding. The proceeds will go towards product development, supply chain upgrades, and brand building. GL Capital...
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