Participated · Series C · Nov 2021

Shanghai Zhenyun Technology is a China-based supply chain software provider and operator of the Going-Link cloud software platform. The company offers digital procurement services via its Going-Link platform. Zhenyun closed a RMB650 million (US$102 million) Series C financing. The round was led by Meituan's corporate venturing unit Dragonball Capital and included C&D Emerging Investment (an affiliate of Xiamen C&D) along with several other institutional backers. The article does not disclose operating metrics, revenue, user counts, or specific future plans.