Xiaomi-backed smart toothbrush producer Soocas Shenzhen Technology has received almost $30m from investors including Fosun-founded Kinzon Capital.

Soocas Shenzhen Technology, a China-based electrical personal care product developer, raised RMB200m ($29.6m) in series C funding yesterday from investors including Kinzon Capital, the venture capital firm formed by conglomerate Fosun. The round was led by private equity firm Vision Knight Capital and also featured investment firms Greenwoods Investment and Yunmu Capital, as well as…

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