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In brief: China intelligent investment startup nabs $14.4m from Xiaomi
Value Simplex, a provider of intelligent investment management services, has raised US$14.4 million (RMB 10 million) in a series A round led by Chinese smartphone vendor Xiaomi, with Harvest Investments also participated.
The Beijing-based startup will use the new capital to recruit talent and boost research and development, as well as to collaborate with external data providers.
Source: China Money Network
Editing by Eileen C. Ang
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