Baidu, Xiaomi-backed smart printer maker Hannto raises $41.5m to expand production

Baidu, Xiaomi-backed smart printer maker Hannto raises $41.5m to expand production

Hannto Technology's smart printer brand Xprint. Photo from Xprint's WeChat official account.

Hannto Technology, a Chinese Internet of Things (IoT) company specialising in smart printers, has raised 300 million yuan ($41.5 million) in a Series C+ round to build a new production facility in eastern China.

Edited by: Padma Priya