China Digest: YanRong Tech, Sinovation in funding news
China Digest: YanRong Tech, Sinovation in funding news February 3, 2021 YanRong Tech has closed a 120 million yuan ($19 million) funding in its Series A+ round led by Oceanpine Capital. In a separate development, NYSCPS has raised $10 million in its Series A+ round from Sinovation Ventures and others. YanRong Tech nets $19m in Series A+ China’s next-generation cloud storage solutions developer YanRong Tech has closed a 120 million yuan ($19 million) funding in its Series A+ round led by Oceanpine Capital, per a company statement on Wednesday. The Series A+ round saw the participation from S...