H Capital Leads $20M In Image Sharing App Nice

Beijing-based image tagging and sharing app Nice has received US$20 million in series B financing led by H Capital, according to Chinese media reports.

Existing investors Matrix Partners, VY Capital and Morningside Venture Capital also participated in the round.

Nice previously received US$8 million in series A financing led by Matrix Partners, with participation from Morningside Venture.

Founded in 2013, Nice is an app allowing young people to share interests and lifestyle in a way of adding tag on photos.

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