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Lamabang wins $100 million in funding for ‘hot mom help’

Lamabang, a Chinese social network and e-commerce platform for new and expectant mothers, announced it has raised $100 million in Series C funding. This new round of funding brings the Lamabang’s total amount of investment to $130 million.

The investment came from Matrix Partners, Morningside Ventures and Greenwoods Asset Management.

In English Lamabang, translates to “hot mom help,” just in case you were wondering what that word meant when you read the first sentence. Lamabang helps women through the four stages on their path to becoming mothers- pre-pregnancy, pregnancy, childbirth and early parenting- with articles, forums and a social network.

Lamabang also has a social app for monitoring pregnancy called Pregnancy Companion, which allows women to monitor their diet, put up pictures of their baby bellies, and interact with other expectant mothers, according to Tech in Asia.

Lamabang officials said they will use the new round of funding to further develop its products as well as marketing what Lamabang has to offer.

By Ashley Paintsil



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