Dreame retreats from hyper-expansion, refocusing on four core units
Dreame’s expansion was fueled by a financing model that combined roughly 20% of its own capital with 80% from local state-backed investors.
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Dreame Skyworks ranks 1st in H1 China CVC investment activity
The venture firm has invested into 57 portfolio companies and manages 5.33 billion yuan ($740 million) in registered fund capital by the first half of this year.