New fundings in China on May 11, 2017

Sensoro (升哲科技), a 4-year-old, Beijing-based Internet of Things (IoT) sensor device and network technology firm, has raised US$ 18 million in Series B funding led by Tsing Capital (中国青云创投), with participation from Bosch and Sumitomo Corporation Equity Asia Limited.

Fahaicc (法海风控), a 6-year-old, Beijing-based fintech firm that provides big data analytics for financial services, has raised tens of millions of RMB in Series A funding backed by Cedar Capital (雪杉资本) and Lvhe Capital (绿禾资本).

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Sheila Yu

Sheila Yu is a Shanghai-based technology writer. She brings readers the biggest news from Chinese language tech media. Reach her at sheila@technode.com.