Dance organisation platform Tangdou has reportedly raised a total of nearly $100m to date, which would put its Tencent-backed series C round at roughly $75m.

Tangdou, a China-based online platform that connects elderly Chinese women who like dancing in public, has closed a series C round of undisclosed size that featured internet company Tencent, 36Kr reported yesterday.

Venture capital firm GGV Capital, VC fund Shunwei Capital and VC group IDG Capital also participated in the round. The company has now reportedly raised about $100m altogether, which would make the series C round approximately $75m in size.

Tangdou operates a mobile platform aimed at elderly Chinese…

Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.