Xiaomi-backed Chunmi Electronics Technology Co., Ltd., a rice cooker and kitchen appliance maker, has completed a series C round of financing led by Guangkong Zhongying Capital. No financial details have not been disclosed. Guangkong Zhongying Capital is an investment fund jointly established by China Everbright Holdings and Focus Media Holdings in 2016 to invest in China’s New Economy companies. Chinese VC firm Star VC also participated in the round. Established in 2013, Chunmi is a rice cooker and kitchen appliance …

Xiaomi-Backed Rice Cooker Maker Chunmi Completes Series C Round appeared first on China Money Network.