Viomi Technology, a China-based manufacturer of internet of things-enabled smart home appliances, has raised US$103 million via its initial public offering on Nasdaq. The company sold 11.4 million American Depositary Shares (ADS) at a price of US$9 per ADS. Viomi was previously backed by Sequoia Capital, Shunwei Capital Partners and Morningside Ventures, none of which disposed of shares in the offering. Sequoia, Shunwei and Morningside jointly invested US$20 million in the company in 2015.