China Digest: Dianxiaomi, VSPN in funding news

China Digest: Dianxiaomi, VSPN in funding news

Dianxiaomi, which provides small and medium-sized sellers with enterprise resource planning (ERP) solutions, has secured 135 million yuan ($24 million) in a Series B+ round of financing led by Gaorong Capital. In a separate development, Tencent-backed Chinese esports solutions provider VSPN has raised ‘tens of millions of US dollars’ in its Series B2 round from Morgan Stanley.