Umbrella developer RainSmile raised tens of millions yuan in an angel round funding by Jingshuiliushen Branding Company, Shibie Technology Co.Ltd and Tianwei Umbrella Co.Ltd. The investment will be used to expand new retail channel and new media channel and to improve its supply chain system.
RainSmile is committed to developing high-end water proof umbrella using technologies including nano tehchnology.
South Africa Today
Read more at VolaNews
