North Carolina-based refrigeration and cooling product provider Phononic says the company has closed a $21 million series C financing led by Beijing-based venture capital firm, Tsing Capital. National Bank Financial and existing investors Venrock and Oak Investment Partners also participated in the round. The company says it will use the proceeds to expand the engineering […]

Visit for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.