Xiaomi backed the charging station rental service's series C round, which will be used to fund promotional and product development initiatives.
China-based power bank provider Energy Monster has completed a $30m series C round that included smartphone maker Xiaomi, China Money Network has reported.
Private equity firm New Horizon Capital, Hillhouse Capital and Shunwei Capital also contributed to the round, as did Gan Jiawei, formerly chief operating officer of local services platform Meituan Dianping.
Energy Monster has developed table chargers that can be installed in restaurants, bars and shops, as well as portable charging points that users can rent to charge…
