• Xiaomi-backed electric toothbrush Soocas raises $30 million Series C

    5 monthes ago - By TechCrunch

    China's Soocas continues to jostle with global toothbrush giants as it raises 200 million yuan in a series C funding round. The Shenzhen-based oral care manufacturer has secured the new capital from lead investor Vision Knight Capital, with Kinzon Capital, Greenwoods Investment, Yunmu Capital and Cathay Capital also participating in the round.
    The new proceeds arrived less than a year after Soocas, one of Xiaomi's home appliance portfolio startups, snapped up close to 100 million yuan in a Series B round last March. Best known for its budget smartphones, Xiaomi has a grand plan to...
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