Chinese MiniKTV Start-Up Raises $15M From Matrix, GSR

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Chinese start-ups continue to redefine investor imagination and break new venture fundraising records. Xingtang miniKTV, a three-month-old company operating self-serving karaoke boxes in Chinese cities, has raised US$15 million from investors including Matrix Partners China, Vertex Ventures China, GSR Ventures and DCM.

China Money Network

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