Reconova closes Pre-C at CNY1.2B post-money

Nov 25, 2019 · Funding · Reconova Technologies · Perception

Reconova completed its Pre-C financing at an issuer-disclosed CNY1.2B post-money valuation. The filing lists CNY60000000 of primary consideration among the disclosed retained investors.

Reconova Technologies company media
Company media · Reconova Technologies
  • Issuer prospectus states pre-money valuation of CNY1026000000 and post-money valuation of CNY1200000000.
  • Primary consideration treatment: CNY60M primary subscription retained in the filing table; investors who ceased to be shareholders are excluded.
  • Investors: Greenland Financial Holdings Group