Chinese kindergarten monitor system raises $100 million

In the wake of several child-abuse cases last year, Chinese parents want to monitor their kids at nursery. Zhang Tong Jia Yuan can help them.

Kindergarten communication system provider Zhang Tong Jia Yuan (ZTJY) has raised $100 million in Series D funding. Centurium Capital, a fund set up by Li Hui, the ex-APAC president of Warburg Pincus, led the round.

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