AAA Investors move $37m to Haozu

Investors move $37m to Haozu

Haozu, a commercial real estate services spinout of China-based classified listings company 58.com, has raised RMB250m ($37m) in series A funding, according to China Money Network which cited local media reports.

Joy Capital led the round, which included fellow venture capital firm Northern Light Venture Capital and Heidong Capital.

Haozu leases office space to businesses and also provides services including locating space, helping with design, moving and leasing equipment, cleaning and securing necessary permits and regulatory approval.

The CMN article follows Asian Venture Capital Journal reporting in March this year that Haozu had raised the RMB250m in a round co-led by Joy Capital and Black Hole Capital with participation from Northern Light.

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