The VC and technology-focused news platform, a spinout from technology group 36Kr, has raised capital from investors including Baidu Video.
China-based online news platform 36Kr Media has raised RMB300m ($45.4m) in a series A round that included streaming service Baidu Video and advertising agency Focus Media Information Technology, China Money Network reported yesterday.
The round was co-led by venture capital firm Gobi Partners and investment firm China Prosperity Capital, and also featured Hangzhou Finance Investment, an investment firm owned by the government of Chinese city Hangzhou.
36Kr Media was spun out of technology group 36Kr in 2016. The company, which…