China Digest: Sequoia China invests in WE11DONE; Waytous raises $47m

China Digest: Sequoia China invests in WE11DONE; Waytous raises $47m

WE11DONE's co-founders Jessica Jung and Dami Kwon

Sequoia Capital China has picked up a majority stake in global fashion and lifestyle brand WE11DONE. Separately, Waytous, a startup that develops autonomous solutions for the mining industry, has raised nearly 300 million yuan ($47.2 million) in a Series C round.