Shenzhen-based Sleepace, a non-wearable smart device that monitors and helps improve sleep quality, has raised RMB44 million (US$7 million) series B round of financing led by Luolai Home Textile Co., Ltd., according to a company announcement. Chinese e-commerce firm Inc. also participated in the round. The company says it will use the proceeds on […]

Visit for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Visit the original source and full text: China Money Network