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Baidu, Xiaomi-backed smart printer maker Hannto raises $41 5m to expand production

Shanghai-based Hannto aims to invest 800 million yuan ($110.6 million) in the construction of a new production facility in eastern China.

Hunan provinceShanghai huiyate groupHuzhou industrial groupXiaomi corpHannto technologyChinese internetInnovation investmentLandstone capitalLei jun backed shunweiYueyang city

China Digest: Zongwei raises funding; Intellifusion to acquire local design house

Zongwei has raised strategic financing, while Shenzhen-based AI firm Intellifusion Technologies plans to acquire a smart wearable design house.

China zongwei technologyIntellifusion technologiesZongwei technologyHuawei technologiesYongxin ark equity investmentLeader ventureHua capitalLei jun backed shunwei

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