China Digest: Sequoia leads Tungee round; Little Bear Rental closes Series D1

China Digest: Sequoia leads Tungee round; Little Bear Rental closes Series D1

Source: Mia Baker/Unsplash

Tungee, a Chinese startup that uses big data and AI to provide intelligent sales solutions, has secured 120 million yuan ($17 million) in a Series B round of financing led by Sequoia Capital China, while office IT equipment rental service Little Bear Rental has raised a Series D1 round of financing led by JD.com.