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China Digest: Edianyun.com nets $77m; agritech startup XAG raises $46m


China Digest: Edianyun.com nets $77m; agritech startup XAG raises $46m
Photo by Gaelle Marcel on Unsplash
March 16, 2021
Edianyun.com, an office IT infrastructure service provider, has secured over 500 million yuan ($76.9 million) in a Series E round, while Chinese agritech firm XAG has raked in 300 million yuan ($46.2 million) in a Series C++ round.
Edianyun.com closes $77m Series E round
Edianyun.com, a Chinese office IT infrastructure service provider, has secured over $77 million in a Series E round of financing led by Beijing-based investment firm Source Code Capital.
Matrix Partners China, which is affiliated to Matrix Partners in the US; Chinese venture capital (VC) firm Seas Capital; and an unnamed sovereign wealth fund participated in the investment. ....

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