Shunwei Capital Partners Leads US$100 Million Series D Round for Kujiale (Asia)
Source(s): Kujiale
China-focused venture capital firm Shunwei Capital Partners has led a US$100 million Series D funding round for China-based virtual home design technology company Kujiale. Pavilion Capital, an investment arm of Singaporean sovereign wealth fund Temasek Holdings, also participated in the round alongside existing investors IDG Capital, GGV Capital, Yunqi Capital, Hearst Capital and Linear Capital. Kujiale, which operates a virtual reality platform for designing and decorating home interiors, plans to use the funds to grow international operations, improve its digital infrastructure and support the establishment of two research and development centers in China.