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,…

Fernando Moncada Rivera

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