China Digest: Innovusion snags $66m; PETKIT nets $50m in Series D

China Digest: Innovusion snags $66m; PETKIT nets $50m in Series D

Photo: PETKIT website

LiDAR technology developer Innovusion has secured $66 million in a Series B+ round of financing led by Guotai Junan International Private Equity Fund. In a separate development, smart pet care products specialist PETKIT Network Technology has garnered $50 million in a Series D round of financing.