Nokia Growth Partners Leads Series C+ Round In Xiaomi-Backed Rice Cooker Maker Chunmi

Xiaomi-backed Chunmi Electronics Technology Co., Ltd., a rice cooker and kitchen appliance maker, announced that it has raised tens of millions of US dollars in a series C+ financing round from Nokia Growth Partners. Yingke Innovation Asset Management also participated in the latest round. Established in 2013, Chunmi is a rice cooker and kitchen appliance maker that aims to bring Chinese consumers high-quality products at low prices. After receiving an undisclosed investment from Xiaomi in 2014, Chunmi became the official supplier …

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