Baijia Food completed a 110 million yuan Series A round of financing, led by Cowin Capital, with participation from Qianhai FoF and Befor Capital. The proceeds will be mainly used to increase its current production capacity, expand offline sales and online direct supply business.
Ponhu Luxury, a second-hand luxury goods distribution service provider, has completed a Series B round of financing, raising 175 million yuan. This round of financing was led by Fortune Capital and Ince Capital, with participation from Befor Capital.
Cloud gaming technology service provider Weiling Technology (蔚领时代) has completed a new round of financing of tens of millions yuan. The investors are BeFor Capital, Dongfanghongtai Capital, MiHoYo, and existing investor Chenhai Capital.