Sequoia-backed Chinese baby & maternal brand Babycare raises $108.4m

Sequoia-backed Chinese baby & maternal brand Babycare raises $108.4m

Source: Omar Lopez/Unsplash

Babycare, a Chinese brand that provides baby and maternal products, has secured 700 million yuan ($108.4 million) in a Series B round of financing led by Beijing-based alternative asset manager CDH Investments.