Dianxiaomi raises $110 mn in VC funding round led by SoftBank, Sequoia

Chinese e-commerce software provider Dianxiaomi has raised $110 million in its latest VC funding round led by Sequoia China and SoftBank Group Corp’s Vision Fund 2.
VC funding for techChina Renaissance, an existing investor in Dianxiaomi, said the venture capital funding round had the participation from Tiger Global Management and GGV Capital. Dianxiaomi will use the funding to expand its overseas team.

Dianxiaomi, the software as a service (SaaS) provider for e-commerce platforms, has raised a total of $210 million as of August 2022.