China Digest: 52TOYS secures $62m; SIG co-leads $20m round for Freebeat

China Digest: 52TOYS secures $62m; SIG co-leads $20m round for Freebeat

Photo: 52TOYS's Facebook page

Collectible toy brand 52TOYS has pocketed 400 million yuan ($62 million) in a Series C round of financing, while SIG China has co-led a $20 million round of funding for US-based fitness technology firm Freebeat.