Fosun Xingyuan Innovation Fund, reportedly an existing investor, helped the processed food provider secure $15.3m.
China-based processed food and seasonings producer Wangjiadu Foods has raised RMB100m ($15.3m) in a series A round featuring diversified conglomerate Fosun’s Xingyuan Innovation Fund, DealStreetAsia has reported. The round included food and catering-focused venture capital firm Fanqie Capital. Both participants were described as existing investors by DealStreetAsia, though it did not provide details of the…
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