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Smart Consumer Technology Startup Dreame Technology Raises Nearly USD 15 Million in Series B+ Funding Led by IDG Capital

Sep 07, 2020 - PR Newswire
Investments

PR Newswire

Dreame Technology (Dreame), a smart consumer technology company specializing in cordless vacuum cleaners, robot vacuum cleaners and mops, announced that it raised nearly RMB 100 million (US$14.6 million) in its Series B+ funding led by IDG Capital with participation from Edge Ventures and Peak Valley Capital, return shareholders Xiaomi Corporation and Shunwei Capital, on September 1. Yunmu Capital served as the exclusive financial advisor for this round of funding.

IDG Ca...