CDH Investments Leads a Series A Round for Zhongding Dairy Farming (Asia)

Source: Asian Venture Capital Journal | Author(s): Winnie Liu

China-focused private equity and venture capital firm CDH Investments has invested RMB140 million (approximately US$23 million) as part of an RMB400 million (approximately US$65 million) Series A round for China-based dairy company Zhongding Dairy Farming. The company will use the new funds to expand and consolidate its dairy assets.