Xiaomi returned for the smart home appliance producer’s series C round, which also featured Country Garden Ventures.

China-based smart consumer product manufacturer Dreame Technology has secured $536m in a series C round featuring electronics manufacturer Xiaomi and real estate developer Country Garden, DealStreetAsia reported yesterday, citing a company statement.

Huaxing Growth Capital and CPE co-led the round, which included Taikang Asset Management – on behalf of insurer Taikang – Yunfeng Capital, Stoneylake Asset Management, Skywalker Capital, Harvest Capital Management, Fortune Capital, Shunwei Capital and IDG Capital.

Country Garden invested through corporate venturing subsidiary Country Garden Venture Capital,…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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