Beijing-based Nxin Internet Technology Co. Ltd., an agriculture internet platform operator, has raised RMB364 million (US$53 million) in series B financing round from Beijing Junenghesheng Industry Investment Fund and Beijing Shuju Xinrong Investment Management Co., Ltd.. Junenghesheng and Shuju Xinrong have invested RMB314 million (US$45.8 million) and RMB50 million (US$7.3 million), respectively, said Nxin Internet Technology on its website. The latest round values Nxin at RMB7.4 billion (US$1 billion), becoming a new unicorn in agriculture internet industry. Founded in 2015, Nxin …

Chinese Agriculture Internet Firm Nxin Raises $53M In Series B Financing Round appeared first on China Money Network.