Tencent and Sequoia Capital China have jointly led a US$100 million series C round of financing in Smart Fabric, a start-up providing internet-enabled solutions for the textile industry in China. CBC Capital, a China-based private equity firm specialized in TMT investments, participated in the new round. The company’s existing shareholders, Matrix Partners China, Chinese angle […] Tencent, Sequoia Lead $100M Round In Smart Fabric To Disrupt Traditional Textile Sector comes originally from China Money Network. All Rights Reserved.