Venture Capital

Bytedance Invests In Smart Water Management Firm Ireadyit – China Money Network

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The environmental protection and water industrial internet company iReadyIT received a new round of financing, led by ByteDance, followed by Baidu Ventures. iReadyIT previously received two rounds of investment from Baidu Venture Capital and Fortune Venture Capital. Wu Qifeng, the founder of iReadyIT, said that the current product has become mature and has established many benchmark customers in the industry. This round of financing will be mainly used to accelerate market expansion and expand market share. After 40 years of development, the environmental protection water industry has formed a large industry with assets of over ten trillions of yuan.

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