Orchid Asia Joins Series B Round In China’s Weimeizi


Chinese personal care product maker Guangzhou Weimeizi Individual Nursing Articles Co. Ltd. has received series B round of financing from Orchid Asia Group and Eastern Bell Ventures.

At a press conference, the company did not specify the fundraising amount, but said the latest fundraising is worth several hundred million RMB (RMB100 million equals US$15 million).

The investment follows a series A round completed in September 2014 from Legend Capital.

Founded in 2006, Guangzhou-based Weimeizi mainly manufactures branded dental care (as pictured) and air purifying products.

 

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