Fosun RZ Capital has participated in a nine-figure renminbi round for gym operator Supermonkey, having been an investor since its series A round.
China-based gym brand Supermonkey has raised a nine-figure renminbi (RMB100m = $15m) sum in a series C round backed by Fosun RZ Capital, the corporate venturing arm of conglomerate Fosun.
Jiansheng Sports Fund, a vehicle formed by venture capital firm Sequoia Capital China and private equity and VC firm China Media Capital, led the round, which also included VC firm Ventech China and Arena Capital.
Founded in 2014 as a single gym, Supermonkey now operates a range of about 30…
