China Renaissance Leads $56M Round In Chinese Auto Parts Platform Mancando

China Renaissance’s New Economy Fund recently has led a nearly RMB400 million(US$56.6 million) series B round of financing in Chinese auto parts supply chain platform Mancando. Xianghe Capital, Axiom Asia Private Capital, and existing investor Oriza FOFs also participated. Proceeds of the round will be used in the development of second-class wearing parts, warehouse management […]

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