Bull Capital Partners and Sequoia Capital led a $35m series C funding round in Zhaogang.

Synopsis

Bull Capital Partners, a private equity firm, and Sequoia Capital, a VC firm, led a $35m series C funding round in Zhaogang, a B2B commerce platform, with participation from Matrix Partners China and K2 Ventures.

Principals

target

ZHAOGANG

bidder

Matrix Partners China

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Market Context

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Seller Team (1)

wang dong

CEO at ZHAOGANG

Manager

target

Deal

£ 31 M

Total Value

Bidder Team (3)

david zhang

Co-Founder at MATRIX PARTNERS CHINA

Investor

bidder

Deals

£ 1.10 B

Total Value

gilbert wong

Founder and CEO at BULL CAPITAL PARTNERS

Manager

bidder

Deal

£ 31 M

Total Value

neil shen

Founding Partner at HONGSHAN (EX-SEQUOIA CAPITAL CHINA)

Investor

bidder

Deals

£ 15.88 B

Total Value

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