China Digest: Zhangfei to raise $28m from govt-led fund; inDeco gets $20m

China Digest: Zhangfei to raise $28m from govt-led fund; inDeco gets $20m

iPhone screenshots of Chinese electric-bicycle charging station operator Zhangfei Chuxing

China’s Zhangfei Chuxing, which operates charging stations for electric bicycles, is raising 200 million yuan ($28 million) in a new funding round, while commercial workspace decoration service inDeco has closed $20 million in a Series C round led by Eight Roads Ventures.