Legend Capital, Industrial Bank invest $70m in Chinese pet food producer Gambol

Legend Capital, Industrial Bank invest $70m in Chinese pet food producer Gambol

Source: Erda Estremera/Unsplash

Chinese pet food producer Gambol Pet Group has secured 500 million yuan ($70.58 million) in a Series B round of financing from Legend Capital, the venture capital arm of Chinese investment firm Legend Holdings, and Chinese commercial lender Industrial Bank.