China Digest: Zenlayer nets $50m; Shunwei leads funding in Mianchao Technology

China Digest: Zenlayer nets $50m; Shunwei leads funding in Mianchao Technology

REUTERS/Fabrizio Bensch/Files

Zenlayer has raised $50 million in a Series C round co-led by Anatole Investment and Prospect Avenue Capital (PAC), while Mianchao Technology has secured “tens of millions of US dollars” in a Series B round led by Xiaomi.