The office interior decoration platform has collected $16.3m from series A and B rounds that closed in 2018, with Red Avenue New Materials among the investors.

China-based office decoration platform operator InDeco has raised a total of RMB110m ($16.3m) in funding across two rounds that included chemical producer Red Avenue New Materials Group.

Red Avenue was joined in the series B round, which closed in late 2018, by venture and growth capital firm Ideate Investments.

VC firm Source Code Capital led the series A round, which also featured EBA Investments, a subsidiary of financial services firm China Everbright, as well as ZhenFund and Hangzhou Chaosheng Investment…

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