Property developer Greenland Holdings has returned to reinvest in mobile broadband infrastructure provider Baicells as part of a nine-digit renminbi round.
Property developer Greenland Holdings has co-led a nine-figure renminbi (RMB100m = $14.1m) round for China-based wireless broadband technology developer Baicells Technologies, China Money Network reported yesterday.
The series C round was co-led by state-owned investment unit China Internet Investment Fund with contributions from Golden Brick Capital, Sunic Capital, Qiushi Capital and Silkroad Goldenbridge Capital Management.
Founded in 2014, Baicells offers 4G and 5G wireless internet infrastructure that enables mobile network operatoes and industry clients to expand the capacity of their…
