Fosun RZ Capital, the corporate venturing vehicle for diversified conglomerate Fosun, has supplied $15m of series A funding for China-based educational product developer Alilo, DealStreetAsia has reported.
Alilo produces connected digital products that help small children learn, and its products include a toy that plays nursery rhymes, lullabies and bedtime stories. The company has not publicly revealed any earlier funding.
– Image courtesy of Alilo